Is It Too Late To Buy HBAR? Hedera Price Surges 176% In A Week And This Might Be The Next Crypto To Explode

The Hedera price soared 176% in the last week and 46% in the last 24 hours to trade at $0.3689 as of 11:50 p.m. EST on trading volume that skyrocketed 128% to $7.8 billion.

Hedera Price Indicators Signal A Continued Uptrend

The Hedera price has been in a continued surge in November, as the parabolic curve shows, after the bulls took advantage of the $0.045 support, according to data from GeckoTerminal.

After the upsurge, the HBAR price rose gracefully above both the 50-day and 200-day Simple Moving Averages (SMAs), forming a golden cross around the $0.0738 level. This supported the parabolic rise, as it also continues to support the general bullish outlook.

Moreover, the Relative Strength Index (RSI) is currently at 89, which indicates overbought conditions, and a value near 90 suggests extreme overbought levels.

The Moving Average Convergence Divergence (MACD) also supports the bullish outlook, as the blue MACD line crosses above the orange signal line.

If the price of Hedera continues to surge, HBAR could target the next resistance one at $0.50.

Hedera Price Chart Analysis Source: GeckoTerminal
HBARUSD Chart Analysis Source: GeckoTerminal

As a result of the overextended RSI, HBAR could now be overvalued, which means that the Hedera price is due for a correction. If this happens, the Hedera price could plunge to the support around $0.1349.

Meanwhile, investors are also piling into the presale of Best Wallet ($BEST), which has already raised more than $1.9 million. 

According to ClayBro, a popular crypto analyst on YouTube with over 132K subscribers, it ”Could Be The Best Crypto Wallet Of 2025.”

Features!">

Best Wallet Heads For $2 Million In Blockbuster Presale

Best Wallet is a Web3 crypto wallet that offers advanced Features and an intuitive interface, setting itself apart from traditional wallets like MetaMask. It allows users to access exclusive tools like “Upcoming Tokens” for presale participation, including its own native token, $BEST.

Upcoming Tokens is a game-changing tool that could give investors a valuable edge in the crypto space. By allowing them to get in on potentially high-value investments before they hit the mainstream, it positions these investors ahead of the curve in crypto’s fast-paced, ever-evolving market.

Tokens like Catslap ($SLAP), which was featured on the app, achieved an impressive 2,000% return after launch, cementing Best Wallet’s reputation as a go-to platform for uncovering hidden crypto gems.

The $BEST token is the governance token of Best Wallet’s expanding ecosystem, which includes the wallet, Best DEX, and the upcoming Best Card.

To join the presale, users must first download Best Wallet from Google Play or the Apple App Store, then tap on the Upcoming Tokens section to purchase $BEST tokens.

$BEST is priced at $0.02290 right now, but its price will increase in less than 28 hours.

Join the presale at the official BEST Token website here.

Related News

  • Most Searched Cryptos on GeckoTerminal Today
  • New Cryptocurrency Releases, Listings, & Presales – Moongate, Cellula, Catslap
  • FreeDum Fighters Soars Past $700K In Presale, Only 5 Days Left

Comments

Post a Comment

Popular posts from this blog

DeFi CEO Says ‘No One Cares’ to Deutsche Bank Entry into BTC Custody

Deutsche Bank to offer bitcoin custody solution for institutional clients. Cake Group CEO believes the move will not substantially increase capital inflow or attract new participants. Deutsche Bank’s Paul Maley projects the digital asset sector to grow to trillions of dollars. Julian Hosp, the CEO of DeFi business Cake Group, has shared a skeptical reaction to Deutsche Bank’s newly-launched bitcoin custody services for institutional clients. Responding to a post on X (Twitter) by Bitcoin Magazine announcing the bank’s new services, Hosp wrote “Sadly, no one cares”. In full, his response read, And guess what… sadly no one cares… because everyone in Germany can already buy #bitcoin either with an ETF (that has literally ZERO volume) or on an exchange. All these banks entering the space, are not bringing in extra money or people. They are just re-routing existing… https://t.co/MMZHSbGB9U — Dr. Julian Hosp (@julianhosp) September 15, 2023 T...
Read more

Crypto Analyst: PEPE Will Outperform DOGE in Next Bull Cycle

Image
Miles Deutscher predicts PEPE will outperform DOGE in the next bull cycle. Deutscher noted that fewer PEPE holders are underwater compared to DOGE holders. PEPE has more multiples to reach its previous all-time high (ATH) compared to DOGE. PEPE will outperform DOGE in the next bull cycle, predicts Miles Deutscher, a renowned cryptocurrency analyst. In a Twitter post, Deutscher highlighted the reasons behind his prediction. I think $PEPE outperforms $DOGE next cycle. Why? • The Underwater Thesis: Less PEPE holders underwater vs DOGE, meaning less sell pressure on the way up + lower multiples to reach previous ATH (2.8x vs 12x). • People are more fatigued with the DOGE meme, Pepe feels fresher… — Miles Deutscher (@milesdeutscher) June 23, 2023 Deutscher’s first reason for supporting PEPE to outperform DOGE in the next cycle is what he called “The Underwater Thesis.” He noted fewer PEPE holders are “underwater” compared to DOGE holders. By that, he me...
Read more

MATIC Price Plunges, Have the Bulls Finally Lost Control?

Image
MATIC witnessed a decline in bullish momentum and has lost hold of the $0.74 psychological support. Buying pressure was weak as the CMF hovered around the zero line. Traders might likely short/sell MATIC in the near term since the 50 EMA crossed over the 20 EMA. Polygon (MATIC) brief dip below $0.78 has turned out to be an event that has lasted a whopping five days. Over the last 24 hours, the altcoin had lost 2.32% of its value. But its last 30 days’ performance was controlled by the bulls where MATIC increased by 6.61%. Currently, the MATIC/USD 4-Hour chart shows that the altcoin was hovering around a tight support zone at $0.71. Due to decreased demand, MATIC’s buying strength has been cut off. This indicates bearish dominance around $0.72. For MATIC to regain bullish momentum, the price must rise above the $0.74 psychological level. But if selling pressure outweighs demand, then the recovery attempt could be quenched. Furthermore, bears have ...
Read more