Hedera Hashgraph(HBAR) to Move Significantly by 90% Soon. Is the Market Bottom Just Around the Corner?

Hedera Hashgraph, the sleeping giant of the cryptocurrency market was assumed to surge by a large margin with the market turning bullish. HBAR price has climbed by 1.05% over the last day to reach $0.058256. It is one of those coins that includes strong long-term technicals, prominent participants, and investors.

Timeline of Hedera-hashgraph

Hedera Hashgraph (HBAR) has created a long-term bullish pattern but has yet to confirm it with a breakout from its short-term resistance. The post Hedera Hashgraph (HBAR) Price Pumps on Coinbase Listing News appeared first on BeInCrypto.

With a 350% hike in volume spike, the Hedera(HBAR) challenged the $0.075 barrier. Moreover, the altcoin's winning streak is moving to the six-day, and a successful breakout will intensify the bullish momentum.

Shark Tank's Kevin O'Leary says the shortcomings of Ethereum (ETH) leave the smart contract platform exposed to competition. In a recent Stansberry Research interview, O'Leary says anything could still happen in the young layer-1 sector. But really, at the end of the day, ETH is slow and it's expensive.

LG Electronics, a South Korean electronics giant, announced on Monday the debut of its own non-fungible token app, LG Art Lab, which enables users to buy, sell and trade NFTs using their OLED Smart TV. Currently, only U.S. users with an LG TV running webOS 5.0 or older versions can access the application.

LG Electronics, the Seoul-based television company, launched a new NFT platform with the help of the Hedera blockchain. The post TV maker LG Electronics launches NFT platform with Hedera appeared first on The Block.

The seven consecutive red candles from the last swing high resistance of $0.0842 register a 22.5% loss. However, the Hedera (HBAR) losing streak halted at the local support of the $0.064 mark.

Conventional blockchain technologies are often surrounded by controversies pertaining to their performance, security, governance, and energy in-efficient protocols. This often leaves investors confused about the best option they can invest in.

With the prolonged uptrend continuation in a rising channel, the HBAR prices skyrocket above the $0.080 mark. Furthermore, the reversal rally jumps 48% in the last five weeks resulting in the break out of the 50-day EMA.

Roughly two months ago, we explored HBAR's price action which was in the process of forming a cup and handle pattern. Fast forward to the present and that pattern has become more defined and seems to have reached its mid-point.

The ongoing rally with increasing volume activity indicates sustained recovery in Hedera (HBAR) price. In addition, this run-up breached the $0.075 neckline resistance of the inverted head and shoulder pattern, offering further growth opportunities for coin holders.