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Hedera Hashgraph (HBAR) Rejects Hard Off All Time High-HBAR has fallen nearly -50% over the last week -Price has formed a descending channel -15 MA continues to act as resistance

 Hedera Hashgraph (HBAR) had outperformed the overall crypto market the week before last as prices have rose nearly 100% from $0.24 to $0.49. HBAR refers to itself as the “trust layer of the internet”. Hedera Hashgraph is a public network that allows individuals and businesses to create powerful decentralized applications (Dapps). HBAR has been growing in popularity & market cap rankings over the last few months as its the 45th largest cryptocurrency. HBAR was designed to be a fairer, more efficient system that eliminates the limitations that older blockchains face. 

 As we can see on the chart, HBAR blasted to a new all time high just about a week ago as prices hit $0.57. Right around this time was also when BTC started to lose its steam as showed bearish signs. Since then, the entire market has went through a decent size correction as most coins are down over -10%. At the time of writing, HBAR just wicked off a major support level along with a near month long support trend. If bears continue to assert their dominance & pull HBAR below these marks, expect price to land near the $0.25 level. 

 If bulls regain their strength quickly & pull HBAR back above its minor resistance of $0.306, we can expect a revival to occur. Ever since the high was set on HBAR, prices have been downtrending & have formed a descending channel. HBAR just bounced off the bottom trend of this channel & should now make its way to the top trend. If bulls show their strength & break and hold the major resistance of $0.333 we can then say the downtrend has been broken. Along with this resistance lies the 15 MA which has been acting as a rejection area. Price must fully break & hold this as well to have a chance at revival. 

 While looking at this Stochastic RSI, we can see strength just spent a lot of time within the oversold region. Since then, strength bounced towards the 50 value & attempted to break it but failed to do so. As long as the stochastic holds the 20 value, we should see a revival occur. The MACD has been downtrending for nearly a week now & the histogram looks ready to tick green. If the MA’s cross bullish, expect HBAR to break its downtrend channel. 

HBAR Intraday Analysis Spot rate: $0.30 Trend: Bearish Volatility: Medium Support: $0.283 Resistance: $0.306
by CoinGape
1
Hedera [HBAR] - Here comes.... "The Dip"Hedera - Here comes "The Dip".... Good Value Area: GREAT Value Area: I've gone to the DARK side with my charts. Better for night time but better overall as well IMO. Just never took the time to figure it out till now, ha. We'll see what HBAR does if it gets to the value areas and I'll throw a trade plan together and update. Worst case scenario is that it plummets and falls flat. No matter how impossible the worst case scenario may be, we always have to at least consider it and have a plan for what we would do in that situation. We don't want surprises. Nothing will surprise us if we've already considered it and prepared for it.
BITTREX:HBARUSDLong
by TraderFromTheNorth
4
What do you think of HBAR?Hey everyone! Ill have more analysis updates coming soon. I've just been a little busy. "Unlike most other cryptocurrency platforms, Hedera Hashgraph isn’t built on top of a conventional blockchain. Instead, it introduces a completely novel type of distributed ledger technology known as a Hashgraph. This technology allows it to improve upon many blockchain-based alternatives in several key areas, including speed, cost, and scalability. Hedera transactions have an average transaction fee of just $0.0001 USD and typically reach finality in under five seconds. Overall, Hedera Hashgraph claims it can handle more than 10,000 transactions per second (TPS) — compared to the around 5-20 for most popular proof-of-work (PoW)-based blockchains." - Taken from CoinMarketCap I'd like to hear your guys opinion AND ESPECIALLY if there's any developers currently working on or have previously worked with HBAR Thanks again. MORE IDEAS TO COME... Follow me, Like, Comment please. It helps me little by little towards achieving my future goal and is ALWAYS APPRECIATED!
by Mboersma0324
HBAR has plans...1. HBAR is being pushed and pulled by market forces... but continues to snap back to a clear trajectory. 2. Despite delivering industry-shaking news about i) Smart Contracts 2.0 ii) An independent Hedera Foundation funded with $5b (more than current market cap!) to GROW THE ECOSYSTEM hbar price action clearly shows things continue to snap BACK ON TRACK Price target 0.70 before end-Sept - purely from momentum and Elliot Wave projection (Note: I'm not very good at it). Oh... and we haven't even heard about any use cases going live yet. All we know is Hedera Hashgraph testnet is being pounded by what looks like final stress and volume testing of something BIG - traditionally the final step before deploying enterprise grade solutions by highly visible global brands. Oh... then NFT.com seems to like 9.21.21 as a number... standby for that next week :-) Price target >$1 in October - another 60% from here. Purely for entertainment purposes by an absolute amateur - not financial advice.
Long
by i004909
HBARUSDT , Start a new movementHello guys We have another amazing coin and analysis HBAR in here from some days ago new rally was started and we are in new ATH record , the last ATH was break and now the price in search for new High the trend is upward and now we wanna buy and take long position in futures but we need pullback then entrance it dont forget stop loss and Tp , the analysis will update every day Until the stop loss not break down with close of powerful candle the trend is upward and the TP is valid Good Luck Abtin
Long
by Abtin00
$HBAR.XHedera’s Token Price Spikes Prematurely After Google Joins the Network's Governing Council The cloud services arm of the Silicon Valley tech giant becomes the 11th member to join the council, but has no plans to further endorse the network. After Hedera Hashgraph announced Google would be joining its governing council on Tuesday, the price of the network’s native token HBAR rose above 5 cents for the first time since the network’s launch and above 2 cents for the first time in a month. As part of the body of advisers who oversee software changes for the network and ensure the hashgraph’s decentralization, Google Cloud Platform will run a node and make hashgraph analytics available alongside Google’s other public DLT datasets, Google Cloud developer advocate Allen Day wrote in a blog post. It’s the eleventh member of the council, and joins the likes of IBM, Tata Communications and Nomura Holdings. (To be clear, Google is joining the council, but Google Cloud Platform is running the node and providing analytics.) However, HBAR holders seem to have been reacting to headlines: The cloud services subsidiary has no plans to further invest in the Hedera network. Google’s Day told CoinDesk via email that it was “too early to say” what resources the company would provide or what analytics it would make available. (On Wednesday, when Day sent the statement to CoinDesk, HBAR peaked at nearly 7 cents; the token dipped to 5 cents as of press time.) “We’re not providing material financial support, purchasing Hedera coins or providing any other endorsement of Hedera’s network or currency,” he said. Google also said it has no plans to use the Hedera Consensus Service, which allows members to plug private networks into the public network. The service launched on Hedera’s mainnet this week. Rather, Google joined to “provide technical guidance and validate the technology,” Day said. “We are focused on developing solutions that drive real business value across the financial services ecosystem, from capital markets to retail banking and the DLT space. Google's Day lauded Hedera's speed and “inexpensive transactions with finality,” in a blog post published Tuesday. The hashgraph is smaller than normal blockchains because it does not store all transaction history (though it can be optionally stored on a “mirror” network). Hedera's public testnets and mirror nodes run on Google Cloud. When Hedera Hashgraph had its mainnet launch in September, 10 of the 39 governing council slots were filled. Even as the price of the network’s token, HBAR, tanked and Hedera delayed token distributions to SAFT holders in an effort to shore up the price, none of the members have left the governing council. “I’ve followed Hashgraph from the beginning, and have always looked beyond the token,” said Steve Wilson, a principal analyst at emerging technologies advisory firm Constellation Research. “As I see it, it wasn’t actually designed primarily to support a coin – like BTC and ETH were. So it delivers a better mix of performance, security and determinism.” Correction (Feb. 14, 20:50): An earlier version of this story incorrectly listed Google Cloud Platform as the entity joining the Hedera governing council. Following the publication of this article, a spokesperson clarified that Google, not its cloud subsidiary, as was originally announced in a press release, would be joining the council.
BINANCE:HBARUSDLong
by BADQOMOCAWGOWLD