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HBAR (ℏ) ;Hedera Hashgraph ANALYSIS

Long
BITTREX:HBARUSDT   Hedera / Tether
HBAR (ℏ) ; Incredibly fast. Predictably low fees. Finality in seconds.


What Is🌟Hedera Hashgraph🌟?
Billed as the "trust layer of the internet," Hedera Hashgraph is a public network that allows individuals and businesses to create powerful decentralized applications (DApps).
It is designed to be a fairer, more efficient system that eliminates some of the limitations that older blockchain-based platforms face — such as slow performance and instability.

👉The HBAR token has a dual role within the Hedera public network:
First and foremost, HBAR the fuel that powers Hedera services, such as smart contracts, file storage and regular transactions.
Second, it's used to help secure the network, since HBAR users can stake their tokens to assist with maintaining the integrity of the platform.

coinmarketcap --hedera.com
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✅TECHNICAL ANALYSIS
As you can see in the Weekly time frame chart for HBAR /USDT, the price is trading around 0.21 $ .

Hedera is advancing in an uptrend channel And after reaching the middle of the channel, we saw a decrease in price. In the last two weeks, after reaching the first green support in the weekly timeframe, as well as its EMA of 50(yellow), it reacted and moved upwards. I do not see a possible downside power and hasn't important resistant until 0.44$ . However, if it falls, it could fall to around $ 0.13 by the next support, which is also close to the bottom of the bullish channel. where a good place to buy more and more.
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💥(Anyway, my constant suggestion to my dear community is to buy step by step ( in a few steps) , With considering risk management , Because this crazy market is very volatile than you have never seen in any other markets .)
💫(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
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👉This analysis is my personal opinionand you are responsible for your own trading or investment.💯
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🙏with Best Regards and being successful ❤️

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