HBAR/USDT Holding Support Level
With today's bloodbath in many cryptos, such as BTC and ETH, I was expecting HBAR to follow their lead and drop with them.
However, HBAR has held steady, and did not drop below a key support line that I have previously identified.
With the recent pickup in new accounts created, and with stronger network effects, I believe we could see an HBAR price well above $1 if the crypto bull market continues.
Of course, HBAR could rise in price even if other cryptos stay depressed, but a more positive outlook on the entire crypto market will help HBAR a lot as well.
Let me know what you think.
However, HBAR has held steady, and did not drop below a key support line that I have previously identified.
With the recent pickup in new accounts created, and with stronger network effects, I believe we could see an HBAR price well above $1 if the crypto bull market continues.
Of course, HBAR could rise in price even if other cryptos stay depressed, but a more positive outlook on the entire crypto market will help HBAR a lot as well.
Let me know what you think.
Note
I would also watch the MACD indicator. If it manages to go to positive territory and hold there for a while, we could potentially see a massive inflow of money into HBAR again.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.