Hedera Hashgraph Price Prediction – HBAR Set for New Gains? 2 New Cryptos with Stronger
- We provide a Hedera Hasgraph price prediction amidst ongoing market volatility.
- We also look at two coins that we believe are better buys than HBAR.
The past few months haven’t been kind on the altcoin market as the broader investor sentiment continued to deteriorate. Hedera’s Hashgraph (HBAR) was no exception as it expedited its southbound journey.
While the buyers strived to protect the $0.043 psychological support level, the ongoing downslide has pulled HBAR almost toward its two-year lows at press time.
With uncertainty still lurking around Bitcoin’s immediate recovery prospects, investors should look for a confluence of convincing factors before opening a long position. To sail through these uncertain times, buyers could even consider diversifying their investments to include some promising presales. Let’s view the potential of upcoming crypto projects like Dash 2 Trade and RobotEra alongside HBAR’s prospects.
Hedera Hashgraph Price Prediction – Can HBAR Bulls Induce a Rally?
HBAR traversed in a rather sideways track and compressed near the $0.03-$0.06 range for over 11 months. After escaping this highly liquid range, HBAR broke into high volatility during its January 2021 breakout rally.
The resulting rally pushed the altcoin above its 200-day Exponential Moving Average (green) as the buyers assumed control of the trend. A streak of bull runs in succeeding weeks aided the altcoin in attaining its all-time high in September 2021 near the $0.57 mark.
Since then, however, HBAR’s steep downtrend has witnessed a string of sell-offs that pulled the coin toward the $0.04 baseline. In the meantime, the altcoin witnessed a multi-yearly trendline resistance (white, dashed) in the daily timeframe.
HBAR’s August 2022 reversal from the $0.08 ceiling and the trendline resistance propelled a strong pullback, one that kept the price under the 50-day Exponential Moving Average (cyan). As the buyers endeavored to break the shackles of this barrier, the FTX drama bolstered another setback on the charts.
With the recent price movements forming a bearish-pennant-like structure, the near-term narrative for HBAR tilted toward the bearish side. Any breakdowns from this pattern could likely delay the immediate recovery prospects.
Furthermore, CoinCodex took a similar view and projected a rather bearish outlook. As per the portal, HBAR could decline toward the $0.039 support by the end of this year.
From a relatively long-term perspective, the buyers should wait for a close above the trendline resistance before taking an optimistic approach. While the $0.033-$0.04 range could support any drawdowns, a break above the trendline can help bulls in rising toward the $0.08 region in the coming sessions.
On the other hand, portals like DigitalCoinPrice and CoinsKid believe HBAR could witness peaks toward the $0.06 region until the end of this year.
With conflicting signals on the front of technical analysis and in-network metrics, investors may be left confused about HBAR’s true potential in the coming months. Thus, buyers could consider extending their portfolio to include the following presales with a potential for high ROI.
Dash 2 Trade – Best Crypto Analytics and Social Trading Platform
Dash 2 Trade is an advanced crypto analytics and social trading platform with a mission to aid investors in formulating well-informed investment choices. Fortunately, investors still have a chance to grab its tokens from its current presale as it is approaching its final presale stage.
The analysis platform has been impressive with its results, especially after quickly raising over $9.6 million USDT and swiftly gliding through all its presale stages. The investor community has visibly acknowledged Dash 2 Trade’s potential as the project keeps gaining momentum through its presale stages.
Users can leverage Dash 2 Trade’s cutting-edge solutions to elevate their analytical understanding through the platform’s advanced tools. The platform’s native ‘D2T’ token is essential for Dash 2 Trade’s functioning. To access these features, users need to grab a hold of the D2T tokens.
Why Should Investors Consider Dash 2 Trade?
Dash 2 Trade’s tools allow users to find promising buy/sell opportunities in the market. These features include access to time-sensitive trading signals, the impact of social metrics & other on-chain analytics, a reviewing system for upcoming crypto presales, crypto listing alerts, and so on.
In essence, Dash 2 Trade’s social analytics allow investors to gauge the potential effect of sociocultural events and their resulting impact on the price. Most investors aim to keep a close eye on the best cryptos to buy as per Reddit or Twitter to assess the near-term growth potential of various cryptos. Dash 2 Trade makes it possible for buyers to reliably trace the impact of these social factors.
Moreover, Dash 2 Trade’s platform delivers excellent tools for investors looking for the next crypto to explode. For instance, users can tap into the potential of Dash 2 Trade’s strategy builder to create effective trading strategies. Users can also test the efficacy of these strategies in its backtesting platform.
While the project nears the end of its final presale stage, investors should consider buying the D2T tokens while they still have a chance to get them at a reasonable price.
D2T Subscription Structure and Tokenomics
The project has formulated an apt subscription structure that aims to serve a variety of users. The structure is bifurcated as follows:
- Free Tier: Users do not need to hold any D2T tokens to access this tier. However, they will have access to relatively fewer features. This helps the platform to extend its reach in the crypto community.
- Starter Tier (400 D2T/month): In this tier, users gain access to the backtesting platform, advanced on-chain metrics, presale launches, and automated trading tools.
- Premium Tier (1000 D2T/month or 9600 D2T/year which is a 20% discount): Users will get full access to Dash 2 Trade’s platform including access to whale alerts, trading competitions, and so on.
D2T Tokens have a total fixed supply of 1 billion tokens. With a limited share for the presale stages, the price has been increasing throughout its presale stages. Thus, Investors should consider buying as early as they can before the end of its final presale stage.
RobotEra – A Multiverse of Exciting Worlds
RobotEra is a thrilling planet-rebuilding metaverse where users can create, share, manage their land, and build a world while also trading with multiple NFT communities.
To bring this exciting experience to the users, RobotEra has designed a multiverse that can be connected to other worlds. Moreover, users can gain access to theme parks, state-of-the-art museums, and concerts among other things.
After raising over $500,000 USDT through its presale stage 1, the project has seen a remarkable response so far.
Why Should Investors Consider Buying TARO?
TARO is RobotEra’s ERC-20 Ethereum-based utility token that is used to power its ecosystem. Users holding TARO would be able to transact and interact within the elements of RobotEra. Furthermore, it also allows creators to trade various assets alongside creating and sharing unique gaming experiences.
The platform seeks to effectively create a metaverse that comprises an earning potential for the players while being entertaining at the same time.
Also, the project’s roadmap clearly states the platform’s intentions to get TARO listed on several exchanges by the end of Q4 2022. A potential listing along with RobotEra’s plans to mint its NFTs on third-party websites can help investors bag impressive returns on TARO.
TARO Tokenomics & Presale Performance
In a relatively short span, RobotEra has raised over $500,000 via its ongoing presale. Out of the 90 million tokens, nearly 20.6 million tokens have been sold at press time.
RobotEra’s token is currently selling out only at $0.02. The stage 2 price for the presale would increase to $0.025 in the coming times. Thus, It may be a good time for investors to buy TARO at a discounted price.
Read More: Hedera Hashgraph Price Prediction – HBAR Set for New Gains? 2 New Cryptos with Stronger
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