- Bullish HBAR price prediction is $0.0562 to $0.1554.
- Hedera Hashgraph (HBAR) price might also reach $0.3 soon.
- Bearish HBAR price prediction for 2022 is $0.0444.
In Hedera Hashgraph (HBAR) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about HBAR to analyze the future movement of the cryptocurrency.
Hedera Hashgraph (HBAR) Current Market Status
According to CoinGecko, the price of Hedera Hashgraph (HBAR) is $0.0479 with a 24-hour trading volume of $13,716,990 at the time of writing. However, HBAR has decreased by nearly 1.17% in the last 24 hours.
Moreover, Hedera Hashgraph (HBAR) has a circulating supply of 22,968,168,351 HBAR. Hedera Hashgraph (HBAR) trades in cryptocurrency exchanges such as Binance, Huobi Global, Gate.io, KuCoin and Bittrex.
What is Hedera Hashgraph (HBAR) ?
Hedera Hashgraph (HBAR) is the native utility token of the Hedera network. Hedera is a decentralized hashgraph distributed ledger technology. HBAR was launched during its ICO in 2018. Hedera network’s mainnet went live in 2019. Hedera network serves majorly as a distributed file service.
Rather than being built on any blockchain, the Hedera network is built on the hashgraph model that is secured by the proof-of-stake (PoS) consensus mechanism. It uses a patented algorithm that makes it a non-forkable network. The transactions on Hedera are faster and occur at low costs. The hashgraph distributed ledger is secure and immutable as Hedera deploys asynchronous byzantine fault tolerance (aBFT).
Hedera Hashgraph (HBAR) Price Prediction 2022
Hedera Hashgraph (HBAR) holds the 37th position on CoinGecko right now. HBAR price prediction 2022 is explained below with a daily time frame.
The above chart of Hedera (HBAR) laid out the Descending Triangle pattern. This pattern is often regarded as a characteristic of a bearish trend. It is formed by the upper trend line that connects the highs and a horizontal trend line connecting lows converges to form a triangle. If the price action breaches the lower support level, the bearish trend would be sustained. Generally, a descending triangle pattern indicates the reversal of an uptrend or the continuation of the downtrend. Traders keenly look out for a significant breakout point.
Currently, Hedera Hashgraph (HBAR) is in the range of $0.0479. If the pattern continues, the price of HBAR might reach the resistance levels of $0.0508 and $0.0586. If the trend reverses, then the price of HBAR may fall to $0.0472.
Hedera Hashgraph (HBAR) Support and Resistance Levels
The chart below shows the support and resistance levels of Hedera Hashgraph (HBAR) .
From the above daily time frame, we can clearly interpret the following as the resistance and support levels for Hedera Hashgraph (HBAR) .
| Resistance Level 1 | $ 0.0562 |
| Resistance Level 2 | $ 0.0807 |
| Resistance Level 3 | $ 0.1118 |
| Resistance Level 4 | $0.1554 |
| Support Level | $ 0.0444 |
The charts show that Hedera Hashgraph (HBAR) has performed a bullish trend over the past month. If this trend continues, HBAR might run along with the bulls overtaking its resistance level at $0.1554.
Accordingly, if the investors turn against the crypto, the price of Hedera Hashgraph (HBAR) might plummet to almost $ 0.0444, a bearish signal.
Hedera Hashgraph (HBAR) Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of Hedera Hashgraph (HBAR) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of HBAR lies below the cutoff line, indicating weak participants in the current trend.
Also, the Moving Average (MA) of Hedera Hashgraph (HBAR) is shown in the chart above. Notably, Hedera Hashgraph (HBAR) price lies below 50 MA (short-term), so it is downward. Currently, HBAR has entered a bearish state. Therefore, there is a possibility of a reversal trend of HBAR at any time.
Meanwhile, the relative strength index (RSI) of the HBAR is 44.23. This means that the Hedera Hashgraph (HBAR) is nearly in an oversold state. However, this means a major price reversal of HBAR may occur in the upcoming days. So, traders need to trade carefully.
Hedera Hashgraph (HBAR) Price Prediction 2022 — ADX, RVI
Let us now look at the Average Directional Index (ADX) of Hedera Hashgraph (HBAR) . It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart represents the ADX of Hedera Hashgraph (HBAR). Currently, the ADX of HBAR lies in the range of 13.70 and thus, it indicates a weak trend.
The above chart also represents the Relative Volatility Index (RVI) of Hedera Hashgraph (HBAR) . RVI measures the constant deviation of price changes over a period of time. The RVI of HBAR lies below 50, indicating low volatility. In fact, the RSI of Hedera Hashgraph (HBAR) is at 44.23 thus confirming a potential sell signal.
Comparison of HBAR with BTC, ETH
The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and Hedera Hashgraph (HBAR) .
From the above chart, we can interpret that the price action of HBAR is similar to BTC and ETH. This indicates that when the price of BTC and ETH increases, the price of HBAR increases.When the price of BTC and ETH decreases,the price of HBAR decreases.
Hedera Hashgraph (HBAR) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, Hedera Hashgraph (HBAR) might probably attain $0.5 by 2023.
Hedera Hashgraph (HBAR) Price Prediction 2024
With several upgrades in the network, Hedera Hashgraph (HBAR) might enter a bullish trajectory. If the coin grabs the attention of major investors, HBAR might rally to hit $0.7 by 2024.
Hedera Hashgraph (HBAR) Price Prediction 2025
If Hedera Hashgraph (HBAR) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 7 years, HBAR would rally to hit $0.9.
Hedera Hashgraph (HBAR) Price Prediction 2026
If Hedera Hashgraph (HBAR) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, HBAR would rally to hit $1.
Hedera Hashgraph (HBAR) Price Prediction 2027
If Hedera Hashgraph (HBAR) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, HBAR would rally to hit $3.
Hedera Hashgraph (HBAR) Price Prediction 2028
Hedera Hashgraph (HBAR) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, HBAR would hit $5 in 2028.
Hedera Hashgraph (HBAR) Price Prediction 2029
If investors flock in and continue to place their bets on Hedera Hashgraph (HBAR) , it would witness major spikes. HBAR might hit $7 by 2029.
Hedera Hashgraph (HBAR) Price Prediction 2030
With greater advancements in the Basic Attention TokenEcosystem, the crypto community might continue to invest in HBAR for the next 8 years and drive significant price rallies for the token. Hence, Hedera Hashgraph (HBAR) might hit $9 by 2030.
Conclusion
With continuous improvements in the Hedera Hashgraph Network, we can say that 2022 is a good year for HBAR. For this reason, the bullish price prediction of Hedera Hashgraph (HBAR) in 2022 is $0.1554 On the other hand, the bearish price prediction of Hedera Hashgraph (HBAR) price prediction for 2022 is $ 0.0444.
Furthermore, with the advancements and upgrades to the Basic Attention Token ecosystem, the performance of HBAR would help to reach above its current all-time high (ATH) of $0.569229 very soon. But, it might also reach $0.3 if the investors believe that HBAR is a good investment in 2022.
FAQ
Hedera Hashgraph (HBAR) is the native utility token of the Hedera ecosystem. Hedera is a distributed ledger system based on a hashgraph algorithm. HBAR was launched in 2018.
Hedera Hashgraph (HBAR) has been listed on many crypto exchanges which include Binance, Huobi Global, Gate.io, KuCoin and Bittrex.
With the ongoing developments and upgrades within the Hedera Hashgraph platform, Hedera Hashgraph (HBAR) has a high possibility of reaching its ATH soon.
On September 15, 2021 Hedera Hashgraph (HBAR) reached its new all-time high (ATH) of $0.569229.
Hedera Hashgraph (HBAR) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Hedera Hashgraph in the past few months, HBAR is considered a good investment in 2022.
Hedera Hashgraph (HBAR) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Hedera Hashgraph (HBAR) will hit $0.3 soon.
Hedera Hashgraph (HBAR) price is expected to reach $0.5 by 2023.
Hedera Hashgraph’s (HBAR) price is expected to reach $0.7 by 2024.
Hedera Hashgraph (HBAR) price is expected to reach $0.9 by 2025.
Hedera Hashgraph’s (HBAR) price is expected to reach $1 by 2026.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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