HBAR around 20% downside risk with 200% upside potential
Updated
HBAR chart looks currently like good opportunity for buy in with Dollar Cost Averaging (DCA) model. There is room for downside relatively little around 20% incase the market stays weak but upside potential of 200% in near term given that the market keeps gaining strength. HBAR is a longer term and in our view should belong where XRP is currently on top coin list. It should be competing with BNB, ETH and BTC on top spots. Huge industrial node network and partnerships gives it stability very few projects on crypto can offer. It's a trustworthy for institutions. Long term opportunity for this coin is still 10 - 100X depending on how the market develops and how the bull market keeps up. That's why the price levels are any ways low but even on short term it's looking extremely promising at current chart.
Not a financial advise. Just and idea. DYOR.
Not a financial advise. Just and idea. DYOR.
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