{"id":618931,"date":"2025-01-17T13:22:51","date_gmt":"2025-01-17T13:22:51","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=618931"},"modified":"2025-01-17T13:22:51","modified_gmt":"2025-01-17T13:22:51","slug":"hedera-price-prediction-hbar-pumps-13-as-traders-rush-to-buy-this-10-million-meme-coin-presale-offering-last-chance-to-buy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/hedera-price-prediction-hbar-pumps-13-as-traders-rush-to-buy-this-10-million-meme-coin-presale-offering-last-chance-to-buy","title":{"rendered":"Hedera Price Prediction: HBAR Pumps 13% As Traders Rush To Buy This $10 Million Meme Coin Presale Offering Last Chance To Buy"},"content":{"rendered":"

The Hedera price has pumped 13% in the last 24 hours to trade at $0.3799 as of 3:30 a.m. EST on a 100% jump in trading volume to $2.6 billion.<\/p>\n

Hedera Price May Encounter A Short Term Downturn<\/h2>\n

The HBAR\/USD chart on the 4-hour timeframe shows a bullish trend supported by a double bottom pattern forming around the $0.25 price level. This pattern, a classic reversal signal, indicates a shift from a downtrend to an uptrend.<\/p>\n

Following the breakout above the $0.30 resistance level, the price surged, confirming the pattern and suggesting further upside potential. The breakout level now acts as immediate support, while the $0.37 zone has emerged as a reward area, serving as a near-term target for bullish traders.<\/p>\n

\"Hedera<\/p>\n

HBAR\/USD Analysis Source: Dextools.io<\/p>\n

The 50-period Simple Moving Average (SMA) is trending upward, with the price currently trading above $0.30. This dynamic support reinforces the bullish momentum.<\/p>\n

Meanwhile, the Moving Average Convergence Divergence (MACD) indicator also confirms this sentiment, with the MACD line above the signal line and a positive histogram reflecting strong buying pressure. However, the histogram’s possible peak suggests traders should watch for any signs of weakening momentum.<\/p>\n

The Relative Strength Index (RSI 14) is at 70.70, nearing the overbought territory, which indicates a potential consolidation or minor pullback may be in the cards for HBAR. If this happens, the $0.30 support zone could serve as an ideal entry point for buyers.<\/p>\n

Resistance is currently observed at $0.37, with a higher target of $0.40 if the upward trend continues. Conversely, if the price retraces significantly, $0.25 would act as a strong support level, as it marked the base of the double bottom.<\/p>\n

The breakout and subsequent rally signal a bullish outlook, though traders should be cautious of potential pullbacks due to the overbought RSI.<\/p>\n

A sustained move above $0.37 could open doors to $0.40, while a drop below $0.30 might warrant reassessing bullish positions. Stop-loss orders below $0.29 are recommended to manage risk effectively.<\/p>\n

Flockerz Presale Races Toward $11 Million – Last Chance To Buy!<\/h2>\n

Even as the Hedera price retraces before the next upward move, investors are increasingly directing funds toward Flockerz (FLOCK)<\/a>, which has already raised over $10.4 million as its presale nears completion.<\/p>\n

Flockerz introduces an innovative Vote-To-Earn system, allowing users to earn FLOCK tokens by voting on key proposals that shape the project’s future.<\/p>\n

By purchasing FLOCK tokens, users can access FlockTopia, a decentralized autonomous organization (DAO), to vote on crucial decisions such as marketing strategies and token burns.<\/p>\n

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After the vote is over The Flocks still family! 🐦💙 pic.twitter.com\/P0bgz7Emzy<\/a><\/p>\n

— Flockerz (@FlockerzToken) January 16, 2025<\/a><\/p><\/blockquote>\n