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TheBrko
Nov 10, 2021 5:08 PM

HBAR - ready to surprise everyone Long

Hedera Hashgraph / US DollarBinance

Description

HBAR is very unique project and I think it isn't get all traction it deserves. Unlike most other cryptocurrency platforms, Hedera Hashgraph isn’t built on top of a conventional blockchain.
Instead, it introduces a completely novel type of distributed ledger technology known as a Hashgraph (improve upon many blockchain-based alternatives in several key areas, including speed, cost, and scalability).
Hedera transactions have an average transaction fee of just $0.0001 USD and typically reach finality in under five seconds!

When it comes to price action, HBAR rallied aprox. 1100% and since then it's in consolidation.
Wright now HBAR is close to final breakout and new ATH soon after.

I'm looking for pullback to 0,4$ - 0,41$, but if it starts pump I will not hesitate to enter the rocket.

Last trendline breakout offer nice retest, ideal for entry.

My targets for first move is aprx. 0,65$ because of multiple indicators match at that price level.
Second target is between 4,236 and 4,618 (Fibonacci) aprox. 1.58$.

And third is around 2.5$ and it is nothing but the price guessing.

Current M. Cap is 6,7 Billion. When everything enter mega bullish mode, 5x from 6,7 for project like this isn't unrealistic at all.

Also it is worth mentioning that HBAR/BTC chart looks great too!
Comments
Jawesjej
Great analysis. I think this can play out well.
ferso09
Agreed. What this project needs is a large community who support it.
castlekeyproperty
Agreed. I climbed on board with HBAR @ $0.15. This project will become the BTC of all alt coins imo. Potential to go to $10 in a year.
castlekeyproperty
Maybe more than $10.
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