Quote from: Ragavendra Raja on Today at 06:27:02 AM

Hedera (HBAR) is a cryptocurrency that runs on a hashgraph blockchain. It facilitates the use of cryptocurrencies, smart contracts, and distributed applications (DApps).

Hedera's decentralized economy is powered by HBAR, the native and energy-efficient cryptocurrency.

Hedera has a maximum supply of 50,000,000,000 HBAR while its circulating supply is 21,084,776,584 HBAR as per CoinMarketCap. Hedera (HBAR) can be traded on top cryptocurrency exchanges including Binance, Huobi Global, Kucoin, Bittrex, Crypto.com, etc.

HEDERA (HBAR) Price Prediction 2022

During the past few weeks, Hedera coin (HBAR) price ranged between $0.112 at the resistance2 level and $0.081 at the resistance1 level, and then touched the $0.055 support1 level.

Irrespective of this sideways movement in the price of HBAR, we can deduce the following:

1. Based on the previous price history, Hedera coin (HBAR) is expected to reverse at the $0.081 resistance1 level. HBAR could rise if investors have their way, reaching the $0.112 resistance2 level before reversing, due to the formation of a triple top.

2. A reversal at the resistance 1 level could result in further declines in price of HBAR upto the support1 level at $0.055 until a triple bottom is formed. This could lead to a bullish reversal.

We anticipate a bullish long-term HBAR coin price prediction for 2022. We can expect HBAR to reach $0.3 this year.

if you want to invest for the long term, I think this Hedera (HBAR) coin can be an option, especially since it has a bargaining value that is quite attractive for enthusiasts to own this coin, because the price of Hedera (HBAR) can hold their support level, with a long-term moving average the long MA200, as the gap between the moving average is wide and above the newly formed candlestick, the price of Hedera (HBAR) may be experiencing a large increase in the future.
But I feel like this is some kind of drama at play, because right now we see that HBAR is ranked 40th on CoinMarketCap.