On-Chain Analysis
According to DefiLlama, the total value locked (TVL) of Hedera has grown by 88% since 1st Jan 2023 and currently stands at $44.2 million. This increase is driven by the sustained success of Saucerswap and launch of Heliswap and Bubbleswap, as per Messari report.
Technical Analysis
The two most important metrics in the analysis is price action...
Hbar has given a breakout from a consolidation of almost 6 months and is in price discovery zone in BTC pairing, soon same will happen with USDT pairing too. Overall a bullish market structure and 1$ seems to be on cards
Trading Signal:
A Trading Signal is seen in the HBARUSD
Traders can open their Buy Trades NOW
HBARUSDT HederaHashgraph
⬆️Buy now or Buy on 0.277
⭕️SL @ 0.2552
🔵TP1 @ 0.316
🔵TP2 @ 0.338
🔵TP3 @ 0.415
If you liked our ideas, please support us with your likes 👍 and comments.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0775). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Hedera Hashgraph HBARUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a...
