Analysis $HBAR 12/26/2024
#HBAR, a truly formidable project...it spent a long time undervalued and many analysts never talked about it, today it is the center of attention not only of analysts, but of large institutions and whales.
It's been a long time since I posted about this one, of course we've already had a good appreciation, so I'm posting only because many of my friends here were afraid that it would give back a large part of the profits they had, and so this post is more to reassure these people.
In addition to being the most talked about project at the moment, it is one of the strongest currencies we are seeing amid all this recent chaos.
It is reasonable to assume that $0.23 is the lowest price here, and note that the EMA 200 (4H) has been supporting the price well and as it advances to the green region on the chart, it will be difficult for the BEARS to hold it below $0.33. It is clear that the green region on the chart is a good support and will take the prices to $0.39 with good support here.
Although the daily close was literally above the EMA 100, the first 4h (current candle) of this new day will be essential for a quick recovery.
A close of the current candle above $0.29 is what we need to attack $0.3056 tomorrow and recover an interesting level to attack the resistance in the orange band.
I personally see no reason for HBAR to lose strength here, on the contrary, I believe that in the next few weeks things should heat up for this one hahahahah.
$0.40 soon!
I rarely say this about any specific #altcoin , but YOU ARE NOT PREPARED FOR WHAT HEDERA WILL DO IN 2025.
Hold on to that!
* If you have any questions, don't hesitate, go to my INSTA (it's in the fixed image of my profile here), call me and ask your question.