{"id":430022,"date":"2023-08-15T14:18:17","date_gmt":"2023-08-15T14:18:17","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=430022"},"modified":"2023-08-15T14:18:17","modified_gmt":"2023-08-15T14:18:17","slug":"hedera-financial-forecast-hbar-ready-to-catapult-with-85-growth","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/hedera-financial-forecast-hbar-ready-to-catapult-with-85-growth","title":{"rendered":"Hedera&#8217;s Financial Forecast: HBAR Ready to Catapult with 85% Growth"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Hedera Network, native coin HBAR, is <\/span><span style=\"font-weight: 400;\">making waves<\/span><span style=\"font-weight: 400;\"> in the <a href=\"https:\/\/insidebitcoins.com\/news\/wolfs-crypto-den-reviews-the-xrp20-presale\">crypto<\/a> market and projecting a significant surge in potential in the coming weeks.&nbsp;<\/span><span style=\"font-weight: 400;\">The coin is already boasting over 100% in its 24-hour trading volume, while its market value hints at increasing significantly before the weekend.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">State of <a href=\"https:\/\/twitter.com\/hedera?ref_src=twsrc%5Etfw\">@hedera<\/a> Q2 2023<\/p>\n<p>Despite a bear market and hostile US regulatory regime, Hedera continues to show resilience. <\/p>\n<p>In Q2, Hedera revenue increased 67% QoQ, added its 29th council member, announced an EVM strategy, and saw increases in all Network Services. <\/p>\n<p>&#129525; <a href=\"https:\/\/t.co\/mRVbUgh2Ke\">pic.twitter.com\/mRVbUgh2Ke<\/a><\/p>\n<p>&mdash; Nick Garcia (@NickDGarcia) <a href=\"https:\/\/twitter.com\/NickDGarcia\/status\/1684944163924549633?ref_src=twsrc%5Etfw\">July 28, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">HBAR&rsquo;s current surge and bullish outlook could be attributed to the increased buying activities in its market and the new social media network, <\/span><a href=\"https:\/\/twitter.com\/SoloCeesay\/status\/1691294899507990529\"><span style=\"font-weight: 400;\">Calaxy<\/span><\/a><span style=\"font-weight: 400;\">, garnering speculations across the crypto community.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">HBAR will likely become a high-rewarding coin in the crypto market.<\/span><\/p>\n<h2>HBAR&rsquo;s Overbought Condition Has Triggered Divergence Moving Averages &ndash; What&rsquo;s Next?<\/h2>\n<p><span style=\"font-weight: 400;\">HBAR price is <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/hedera\/\"><span style=\"font-weight: 400;\">12.40% up<\/span><\/a><span style=\"font-weight: 400;\">, trading at $0.07226 in the last 24 hours as of 6:17 am EST. Also, its trading volume has shot up by 102%, recording over $351 million today.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While these surges show the increased buying activities across the asset&rsquo;s market, the technical analysis could hint at what to expect next.<\/span><\/p>\n<h3>HBAR\/USD Daily Chart<\/h3>\n<p><img decoding=\"async\" class=\"wp-image-430027 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Screenshot-2023-08-15-at-6.08.47-PM-1024x367.png\" alt=\"Hedera's Financial Forecast: HBAR Ready to Catapult with 85% Growth\" width=\"760\" height=\"272\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Screenshot-2023-08-15-at-6.08.47-PM-1024x367.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Screenshot-2023-08-15-at-6.08.47-PM-300x107.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Screenshot-2023-08-15-at-6.08.47-PM-768x275.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/Screenshot-2023-08-15-at-6.08.47-PM.png 1237w\" sizes=\"(max-width: 760px) 100vw, 760px\"><\/p>\n<p><span style=\"font-weight: 400;\">The two consecutive green candle sticks above show the increased buying pressure on HBAR&rsquo;s market in the last two days.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This reflects on the Bollinger bands, diverging from each other, showing that HBAR&rsquo;s market condition is overbought and could trigger price correction in the coming days.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Also, HBAR&rsquo;s Relative Strength Index (RSI) is at 76.45, moving in the overbought region (above 70). <\/span><span style=\"font-weight: 400;\">This shows the increased buying activities in the crypto market, suggesting more rallies ahead of the potential price correction.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Since the asset is selling more units within a short period, it&rsquo;s likely to reach its resistance at $0.07953 faster, thus triggering a consolidation phase on HBAR&rsquo;s price.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite the potential consequences of this overbought condition, HBAR still has bullish solid momentum, showing its tendency to break above the nearest resistance at $0.07332 before the next 24 hours.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The overbought market condition above shows that Hedera&rsquo;s coin, HBAR, has reached new high prices. <\/span><span style=\"font-weight: 400;\">Profit-taking investors and traders may decide to sell off their holdings at these high prices, thus, resulting in a price correction and consolidation for the coin.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Notwithstanding, HBAR has support at $0.0593 and $0.0694. So, if the consolidation phase pushes the coin&rsquo;s price down, it&rsquo;s likely to rebound shortly at its support levels.&nbsp;<\/span><\/p>\n<h3>Factors That Could Affect HBAR&rsquo;s Price Movement<\/h3>\n<p><span style=\"font-weight: 400;\">The excitement and speculation garnered by the <\/span><span style=\"font-weight: 400;\">new social network<\/span><span style=\"font-weight: 400;\">, Calaxy, is a factor that could uphold HBAR&rsquo;s surge throughout this week. <\/span><span style=\"font-weight: 400;\">The Hedera network onboarded a social media app expected to attract a mainstream audience to the network.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Before we depart for the weekend, I, on behalf of the <a href=\"https:\/\/twitter.com\/CalaxyApp?ref_src=twsrc%5Etfw\">@CalaxyApp<\/a> team, wanted to thank the <a href=\"https:\/\/twitter.com\/hedera?ref_src=twsrc%5Etfw\">@hedera<\/a> community for embracing Calaxy MVP that we released yesterday morning &#129401;<\/p>\n<p>It&rsquo;s been a difficult 3 years and our team worked so hard for this moment but boy was it worth it &#128561;<\/p>\n<p>1\/<\/p>\n<p>&mdash; Solo Ceesay (@SoloCeesay) <a href=\"https:\/\/twitter.com\/SoloCeesay\/status\/1690185627046957057?ref_src=twsrc%5Etfw\">August 12, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">The app helps creators monetize their passions by offering a one-stop hub where they can share unique experiences with their community and turn skills into income.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Considering the solutions and objectives of this new social network, traders and investors are developing strong positive sentiments that Hedera&rsquo;s network will benefit significantly from this integration.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The project is that its coin HBAR would be in demand, thus recording dramatic surges in the long run.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While HBAR looks bullish within the short and long term, investors seeking to diversify their crypto investment portfolio can consider the all-inclusive AI ecosystem, yPredict (<\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/ypredict\" rel=\"nofollow\"><span style=\"font-weight: 400;\">YPRED<\/span><\/a><span style=\"font-weight: 400;\">) earlier.<\/span><\/p>\n<h3>World&rsquo;s First All-Inclusive AI Platform, yPredict, Reaches $3.4 Million with 20,000+ Investors on Waiting List.<\/h3>\n<p><span style=\"font-weight: 400;\">The yPredict platform aims have helped it hit $3.4 million and <\/span><span style=\"font-weight: 400;\">attracted more than 20,000 investors, with more set to join the project before its early presale ends.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The yPredict platform is an <\/span><a href=\"https:\/\/twitter.com\/ypredict_ai\"><span style=\"font-weight: 400;\">all-in-one AI platform<\/span><\/a><span style=\"font-weight: 400;\"> that features Sentiment Analysis, AI Signals, Technical Analysis by AI, and over 25 Chart Pattern Recognition, all powered by artificial intelligence.<\/span><\/p>\n<p><iframe title=\"yPredict New Presale INSANE AI Crypto Launch - Next 10x Crypto\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/ge2hmc4YS6E?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">As an all-inclusive platform, developers, quants, traders, and analysts can access its AI-powered features to gain in-depth insight into industry-specific data, news, market sentiments, and much more.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It also comes with a cutting-edge predictive model that allows experts across various industries to initiate AI-driven predictions and monetize them on the platform. Other users can access these predictions by paying a monthly subscription fee.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Apart from AI, yPredict is a crypto-based platform on EtheEthereum&rsquo;sckchain, allowing users to transact, access its features, and engage in various activities using cryptocurrencies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Its native utility token is $YPRED, which users need to access all AI features on the platform.&nbsp;<\/span><\/p>\n<h3>$YPRED Presale is Gaining InveInvestor&rsquo;sention<\/h3>\n<p><span style=\"font-weight: 400;\">The token is in presale, selling for $0.1. In the next few days, it will reach $0.11 and list for $0.12 at the end of the presale.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Those interested in this revolutionary AI + crypto project <\/span><span style=\"font-weight: 400;\">can join the 20,000+ early investors<\/span><span style=\"font-weight: 400;\"> by swapping their MATIC, ETH, BNB, or USDT for $YPRED. Alternatively, they can pay for the token using their bank cards.<\/span><\/p>\n<h3>Also Read:<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/bad-idea-ai-bad-price-prediction-surge-imminent-or-is-time-to-look-at-pikamoon-as-a-solid-alternative\">Bad Idea AI (BAD) Price Prediction: Surge Imminent or Is Time To Look At Pikamoon as a Solid Alternative?<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-wall-street-memes\">How to Buy Wall Street Memes &ndash; WSM Token Presale<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p 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\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">Hedera Network, native coin HBAR, is making waves in the crypto market and projecting a significant surge in potential in the coming weeks.&nbsp;The coin is <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1929,"featured_media":402706,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.0 (Yoast SEO v22.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hedera&#039;s Financial Forecast: HBAR Ready to Catapult with 85% Growth<\/title>\n<meta name=\"description\" content=\"Hedera Network, native 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