- \n
- Hedera Hashgraph price now – $0.1100<\/li>\n
- Hedera Hashgraph market cap – $3.9 billion<\/li>\n
- Hedera Hashgraph circulating supply – 35.7 billion<\/li>\n
- Hedera Hashgraph total supply – 50 billion<\/li>\n
- Hedera Hashgraph Coinmarketcap ranking – #26<\/li>\n<\/ul>\n
HBAR\/USD Market<\/h2>\n
Key Levels:<\/p>\n
Resistance levels: $0.1600, $0.1700, $0.1800<\/p>\n
Support levels: $0.0600, $0.0500, $0.0400<\/p>\n
![\"Hedera](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/HBARUSD_06052024.png\")
HBARUSD – Daily Chart<\/figcaption><\/figure>\n HBAR\/USD is fluctuating between the 9-day and 21-day moving averages, with the Hedera Hashgraph<\/a> price currently at $0.1100 after reaching a daily high of $0.1105. Despite an early session attempt to climb to $0.1110, sustainable gains were not achieved. However, further attempts could potentially drive the coin toward the upper boundary of the channel.<\/p>\n
Hedera Hashgraph Price Prediction: HBAR\/USD Needs to Stay Above the $0.1100 Level<\/h2>\n
According to the daily chart, the longer the Hedera Hashgraph price remains stagnant at current trading levels, the higher the likelihood that buyers may see the price drop toward the lower boundary of the channel. A break below the $0.1000 level could trigger a decline toward the support levels of $0.0600, $0.0500, and $0.0400.<\/p>\n
Conversely, if the 9-day MA crosses above the 21-day MA, Hedera (HBAR\/USD) may experience upward movement. Breaking toward the upper boundary of the channel could push the price to potential resistance levels of $0.1600, $0.1700, and $0.1800. Additionally, the buyers may need to increase the buying pressure which could indicate that the market may trend upward.<\/p>\n
HBAR\/BTC May Trade Bearishly<\/h2>\n
Against Bitcoin, the Hedera Hashgraph<\/a> price is seen sliding below the 9-day and 21-day moving averages, currently at 169 SAT. Although a bullish breakout is not imminent, Hedera Hashgraph (HBAR) might continue to trade sideways or hover below these moving averages if the bears increase the selling pressure.<\/p>\n
![\"Hedera](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/HBARBTC_06052024.png\")
HBARBTC – Daily Chart<\/figcaption><\/figure>\n Nevertheless, until the price breaks above the moving averages and heads toward the north, the trend is likely to remain range-bound. However, if the coin moves upward and surpasses the upper boundary of the channel, it could potentially reach resistance levels at 240 SAT and above. Conversely, the support level is likely to play out around 110 SAT and below.<\/p>\n
In the latest analysis, @suliantoip shared insights with his extensive following of over 21k on X (formerly Twitter), highlighting that $HBAR has surged by +35% since identifying the bottom. There’s potential for further gains if his followers choose to follow suit.<\/p>\n
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$HBAR<\/a> up by +35% since called out bottom.<\/p>\n
Follow for more. https:\/\/t.co\/KKJUP1n6cW<\/a> pic.twitter.com\/eFGG1tTBiZ<\/a><\/p>\n
— Sulianto Indria Putra (@suliantoip) May 12, 2024<\/a><\/p><\/blockquote>\n