Why the HBAR Token Still Needs a Lot of Effort from Buyers?
The post Why the HBAR Token Still Needs a Lot of Effort from Buyers? appeared on BitcoinEthereumNews.com. 1 The HBAR coin has surged by 2% in the last 24 hours and it is trading at $0.04968535. 2 The derivative’s long/short ratio of the HBAR crypto is 0.926. Hedera is one of the most popular enterprise-grade networks for decentralized economy. It also lets individuals and developers create dApps. It is designed to eliminate the limitations of the blockchain ecosystem. It was funded by an initial coin offering in August 2018. The circulating supply of the Hedera crypto is 35.53B HBAR coins, which is just 67.06% of the total supply of the token. The maximum supply of the crypto is 50.0B HBAR coins and the fully diluted market cap of the crypto is 2.483B USD. The market cap of the crypto has surged by 2.07%, resulting in $1.665B. It is followed by the advance in the volume of the crypto, resulting in a surge of 26.23% in the last 24 hours. As per Coingecko, the current market cap dominance of the HBAR coin in the crypto market is 0.138%. The volume-to-market ratio of the crypto is 0.0303. The Hedera Token is Taking Support at Lower Levels, Will It Reverse? Source: Tradingview: 1D : HBAR: COINBASE The HBAR coin price has witnessed a huge decline since February 2023, leading to a consistent sell-off in the market. It is forming lower highs and lower low swings on the charts. The crypto price is also sustaining above the recent swing lows and is taking support at the same level. The HBAR coin has currently formed a bullish candlestick, but it is still trading much farther away from its change of trend level. The price will need to break above the $0.07600 level. The EMA for the HBAR crypto is bearish to volatile as the price is still trading in a death cross.…
The post Why the HBAR Token Still Needs a Lot of Effort from Buyers? appeared on BitcoinEthereumNews.com.
1 The HBAR coin has surged by 2% in the last 24 hours and it is trading at $0.04968535. 2 The derivative’s long/short ratio of the HBAR crypto is 0.926. Hedera is one of the most popular enterprise-grade networks for decentralized economy. It also lets individuals and developers create dApps. It is designed to eliminate the limitations of the blockchain ecosystem. It was funded by an initial coin offering in August 2018. The circulating supply of the Hedera crypto is 35.53B HBAR coins, which is just 67.06% of the total supply of the token. The maximum supply of the crypto is 50.0B HBAR coins and the fully diluted market cap of the crypto is 2.483B USD. The market cap of the crypto has surged by 2.07%, resulting in $1.665B. It is followed by the advance in the volume of the crypto, resulting in a surge of 26.23% in the last 24 hours. As per Coingecko, the current market cap dominance of the HBAR coin in the crypto market is 0.138%. The volume-to-market ratio of the crypto is 0.0303. The Hedera Token is Taking Support at Lower Levels, Will It Reverse? Source: Tradingview: 1D : HBAR: COINBASE The HBAR coin price has witnessed a huge decline since February 2023, leading to a consistent sell-off in the market. It is forming lower highs and lower low swings on the charts. The crypto price is also sustaining above the recent swing lows and is taking support at the same level. The HBAR coin has currently formed a bullish candlestick, but it is still trading much farther away from its change of trend level. The price will need to break above the $0.07600 level. The EMA for the HBAR crypto is bearish to volatile as the price is still trading in a death cross.…
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