🔥💥#Hedera (HBAR) Price Increased 32% Compared to Last Week, Will $1 Come in 2024?
#HBAR the local cryptocurrency of the enterprise-class blockchain network Hedera, witnessed a strong increase of 32% last week. In the last 24 hours, the Hedera (HBAR) price has increased by another $ 9 to exceed $ 0.11, and trading volumes have increased by 26% to over $ 300 million.
The Price of Hedera Is Showing an Increase in All Technical Indicators
According to crypto analyst Crypto Troll, the Hedera price shows bullish signs in various technical parameters. The analyst noted that the trading volumes for HBAR have increased by an astonishing 1000% in the last three days, indicating strong investor demand.
Crypto Troll (NOT!) he also highlighted various technical indicators pointing to bullish momentum for HBAR. Expressing confidence in his tweet, he said: “I believe there is a high probability that the HBAR dollar will rise to $ 0.30 in the next 2-3 weeks. Indicators such as MACD, Stoch RSI, RSI, Williams%R and Awesome Oscillator all point to an upward trend.”
outlook for 2024
Analysts think that Hedera will become bullish as we move towards 2024, and some believe that the HBAR price will reach $ 1 this year, surpassing previous all-time highs.
The strategic partnerships expected by 2025 are set to play an important role in shaping the forward path of HBAR and offer the potential to expand its ecosystem and increase its usefulness in various sectors.
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These partnerships are expected not only to expand the scope of HBAR, but also to consolidate its leading position in the cryptocurrency field.
Hedera's governance model and commitment to environmental sustainability further strengthen the attractiveness of HBAR. Hedera demonstrates its leadership and progressive mindset by overcoming the main challenges faced by blockchain technology, such as energy use and efficiency.
