Hedera (HBAR) Shakes the Market with a 47.5% Surge in a Single Day!
TL;DR Hedera (HBAR) has recorded a 516% increase in its value over the past month, reaching $0.278 after a 47.5% surge in the last 24 hours.
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TL;DR Hedera (HBAR) has recorded a 516% increase in its value over the past month, reaching $0.278 after a 47.5% surge in the last 24 hours.
Hedera (HBAR) has recently seen a massive surge, with its price skyrocketing as much as 40% in the last 24 hours. The remarkable rally comes on the heels of a technical signal known as the golden cross, which has traditionally been viewed as a bullish indicator on the crypto market.
HBAR has been the third-largest gainer among the top 100 crypto coins in the last week, rising over 64 percent to create a strong sentiment.
Hedera's (CRYPTO: HBAR) rapid 460% surge in one month is powered by buzz surrounding potential new partnerships and an application for a Hedera exchange-traded fund (ETF). Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Hedera (CRYPTO: HBAR) $0.2449 $9.36 Billion +26.9% +74.9% Litecoin (CRYPTO: LTC) $122.63 $9.2 Billion +20.5% +27% Uniswap (CRYPTO: UNI) $14.21 $8.5 Billion +9.7% +18.4% Trader Notes: Crypto trader Javon Marks highlighted Hedera's sustained breakout, predicting further gains with a target of $0.504—an over 102% jump from current levels.
After most of the year was marked by choppy price action, November was the beginning of a strong bull run in the wider cryptocurrency market. At present, traders are eagerly waiting for leading digital asset Bitcoin (BTC) to cross the $100,000 threshold, although many are suggesting that it could first experience a flash crash.
In this article, we take a look at the crypto of the Hedera, Tron, and Aave projects.
Monday started with blood on the cryptocurrency market. According to data from CoinGlass, more than $500 million in long and short positions in crypto asset futures were liquidated over the past 24 hours.
The DeFi ecosystem on the Hedera network has grown to over $154M in TVL and more than $17M in stablecoins market cap due to its reliability compared to the competitors.
HBAR, the native cryptocurrency of the Hedera Hashgraph network, has rocketed by 41% over the past 24 hours. It currently exchanges hands at $0.24, trading above the $0.20 psychological barrier for the first time in two years.
HBAR has shot up by nearly 30% on a daily scale.
HBAR was one of the best-performing cryptocurrencies on Monday, Dec. 2, amid significant whale accumulation and community hype surrounding the HBAR ecosystem. Hedera (HBAR) rose 47% over the past day, exchanging hands at a seven-month high of $0.
Despite the recent stalling, the altcoin market is gaining momentum, with the Bitcoin price gaining momentum and inching closer to the $100,000 mark. Among the top performers, HBAR price trend has started to continue its fifth consecutive bullish week.
The cryptocurrency market is witnessing a surge in bullish sentiment as Bitcoin (BTC) edges closer to the $100K milestone, while altcoins like XRP and Hedera (HBAR) record staggering gains.
Hedera's price skyrockets 30%, but this trend might not last!
Today's crypto prices showcase a strong bullish trend, with Bitcoin (BTC) maintaining a trading range of $95K-$99K over the past week. XRP recorded an impressive 28% surge in the last 24 hours, while Hedera (HBAR) led the market with a 44% price jump, making it the top gainer.
HBAR's strong technicals and growing market sentiment, together, may be pointing towards a potential breakout.
Hedera Hashgraph price has made a strong bullish trend in the past few weeks, making it one of the best-performing layer-1 networks in the industry. The HBAR token was trading at $0.1670 on Saturday, a few points below the year-to-date high of $0.1866. It has jumped by over 300% from its lowest point this year.
Hedera (HBAR) price has seen a bullish shift in the last 24 hours, with the price shooting to a 2-year high of $0.1808 before facing resistance. Despite the resistance, the HBAR price at press time was trading at $0.1823, a 25% surge from the intra-day low.
HBAR price has gained 235 percent in the last month, and the resumption of the crypto rally could see it find support at $0.700.
Hedera's (HBAR) price has surged 182.56% in the last 30 days, but recent indicators suggest that its uptrend is losing momentum. The ADX has dropped sharply, signaling a significant weakening in trend strength despite the uptrend still being intact.
Binance has expanded its trading offerings by adding new pairs and trading bots services for trending crypto. Binance Spot will launch pairs for crypto including Apecoin (APE), Hedera (HBAR), Book of Meme (BOME), and other key tokens.
Bloomberg Analyst James Seyffart has outlined potential timelines for the approval of Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR) exchange-traded funds (ETFs). As regulatory discussions gain traction in the United States, Seyffart predicts that decisions on these altcoin ETFs may extend into late 2025, depending on various factors.
Hedera (HBAR) price has shown impressive growth, climbing 21.43% in the past seven days and a remarkable 172.58% over the last month. This surge is supported by a bullish trend in its EMA lines, with short-term lines above the long-term ones, indicating sustained upward momentum.
Major cryptocurrency exchange Binance has announced the inclusion of six new listings, focusing on Hedera, Solana, meme coins and other tokens. This move is part of Binance's continued attempts to diversify its offerings and cater to the evolving interests of its users.