Hederahashgraph
Hbar 400% plus profit potential End of the run target?Hello Traders,
I wanted to put together this analysis on Hbar Hedera Hashgraph for you as this is a great project with an amazing team and partnerships behind it. As Hbar is holding this support line which was prior resistance and has recently broken out of a Symmetrical Triangle to the bullish side it seems as if the price action wants to continue to head upward to the targets that I have laid out for you in this chart. In this analysis I have placed a target showing what I believe the price will hit at minimum by the end of this run. This is based off of a few factors. First being that Hbar has been running in an upward channel for as far back as we can see the price action going. As we are currently riding the support trend line that we are sitting right now, this area will need to hold for this analysis to play out well. I do believe it will yet, we will wait and see.
I have put some information together below on Hbar regarding the project fundamentals and where you might be able to invest in this asset.
As always, have a green week,
Savvy
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Fundamental Analysis
HBAR Price Live Data
The live Hedera price today is $0.394607 USD with a 24-hour trading volume of $264,766,667 USD. We update our HBAR to USD price in real-time. Hedera is down 4.63% in the last 24 hours. The current CoinMarketCap ranking is #35, with a live market cap of $5,926,576,124 USD. It has a circulating supply of 15,018,941,582 HBAR coins and a max. supply of 50,000,000,000 HBAR coins.
If you would like to know where to buy Hedera, the top exchanges for trading in Hedera are currently Binance, Mandala Exchange, OKEx, FTX, and Huobi Global. You can find others listed on our crypto exchanges page.
What Is Hedera (HBAR)?
Hedera is the most used, sustainable, enterprise-grade public network for the decentralized economy 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.
It was funded through an initial coin offering (ICO) in August 2018 and first launched open access to its mainnet just over a year later in September 2019. As part of the ICO, investors were able to purchase the platform’s native utility token (HBAR) at the lowest possible pricing.
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.
Who Are the Founders of Hedera Hashgraph?
Hedera Hashgraph has two founders: Dr. Leemon Baird and Mance Harmon.
Dr. Leemon Baird is credited as the investor of the hashgraph distributed consensus algorithm and currently works as Hedera's chief scientist.
Prior to founding Hedera Hashgraph, Baird accumulated more than a decade of experience in various computer science and security roles and previously worked as a senior research scientist at the Academy Center by Cyberspace Research. He also holds the position of co-founder and CTO at Swirlds Inc., a platform for building DApps.
On the other hand, Mance Harmon is Hedera’s CEO and an experienced technology executive and seasoned entrepreneur. Harmon has around two decades of experience holding executive roles at prominent firms — many of which are in the IT security industry. Like Dr. Leemon Baird, Mance Harmon also holds a second position at Swirlds Inc., as its co-founder and CEO.
In addition to the founders, the Hedera leadership team also comprises more than a dozen individuals, many of which have had distinguished careers.
What Makes Hedera Hashgraph Unique?
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.
This technology allows it to 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. Overall, Hedera Hashgraph claims it can handle more than 10,000 transactions per second (TPS) — compared to the around 5-20 for most popular proof-of-work (PoW)-based blockchains.
The platform offers several major network services. These include:
A token service that allows users to easily configure and mint both fungible and non-fungible tokens (NFTs) on Hedera with just a few lines of code.
A consensus service that acts as a layer of trust for any application or network that needs a secure, verifiable log of events.
Smart contract tools that let developers build powerful and efficient decentralized applications.
Decentralized file storage services with features include proof-of-deletion, controlled mutability, and time-based file expiry.
Related Pages:
Check out Ethereum (ETH) — the most popular blockchain for decentralized applications.
Check out Polkadot (DOT) — another massively scalable blockchain.
Learn about decentralized applications (DApps) with CoinMarketCap Alexandria.
Have you seen the CoinMarketCap blog?
How Many Hedera Hashgraph (HBAR) Coins Are There in Circulation?
The Hedera Hashgraph token, HBAR, has a maximum total supply of 50 billion units. Out of this, almost seven billion were in circulation as of January 2021 — equivalent to around 14% of the total supply.
Hedera publishes regular reports detailing when the next wave of HBAR tokens will be unlocked. These reports can be viewed here.
According to Hedera's resources, the two project founders each have a coin grant of two billion HBARs, equivalent to 4% of the total supply each. These tokens are vested over a six-year period.
Other senior executives at Hedera (that joined prior to 2018) have coin grants of between 250 million and 300 million coins. These tokens are vested over a period that ends in December 2021.
According to Hedera's Economics Whitepaper (published June 2020), around 17.03 billion HBAR is estimated to be in circulation by 2025 — equivalent to 34% of the total supply.
How Is the Hedera Hashgraph Network Secured?
Hedera Hashgraph uses a novel consensus system known as Hashgraph consensus to keep its network secure.
This uses a rotating governing council consisting of up to 39 highly diversified organizations that span across up to 11 different industries. These are involved with directing the Hedera codebase, voting on platform decisions and operating the initial nodes on the Hedera public network.
Hedera uses a novel form of proof-of-stake (PoS) which allows HBAR users to stake their resources to help protect the network. Right now, all Hedera nodes are managed by either Hedera itself or the governing council members, but there are plans to switch to a permissionless system in the future.
\ Overall, Hedera's security setup ensures it achieves "asynchronous” Byzantine fault tolerance (ABFT) — meaning it can guarantee both the timing and order of a set of transactions, even if some data is delayed or lost.
Where Can You Buy Hedera Hashgraph (HBAR)?
HBAR is a popular digital asset that is available to trade on several prominent exchange platforms, including Binance, Bittrex and Huobi Global.
Some of the more popular HBAR trading pairs include HBAR/USDT, HBAR/BTC and HBAR/ETH, and there are also several fiat trading options for the cryptocurrency, including HBAR/USD, HBAR/KRW and HBAR/INR.
HBAR: If we clear this $0.40/0.45 area it’s full send mode.This area is particularly important, as there are two different resistances. There’s the midrange resistance from the highlighted parallel channel, and there’s a general resistance around the $0.4/0.45 mark as we can see that the price struggles to break this barrier (multiple touches of this zone in the past).
If HBAR manages to break on the upside, chances are we could see a new ATH.
Good luck!
HBAR breaking outHBAR broke out as I predicted (on my twitter... sorry if I forgot to post it here) and it's testing that important resistance (white line). Judging by candles it will probably get rejected and try again. If it does get rejected I'd suggest to buy some between 0.36-0.38 in case you don't have any.
If instead the volume increases during the retracement wait a bit (for some updates on my signal).
Sorry for the short explanation, I'm very tired.
🔥 HBAR Huge Break Out Incoming?HBAR has been grinding up for almost three months now. During this period, we've only seen a spectacular move during the early days of September. Since then, the price has practically traded sideways, but making higher lows in the process.
The $0.40 area seems to be holding as a strong resistance. However, I'm expecting this resistance to (finally) break in the coming days. Once this area is broken, a lot of investors will be pouring in due to HBAR finally making a new local high.
Target area for the break out is placed around the current all time high: between $0.50 and $0.57.
Happy trading!
$HBAR - Weekly trend outlook4 days left of the week and HBAR is consolidating around around 20-22 C mark
Multiple hits on the top side of the flag prior to BTC / Elon mess
Should BTC calm down and alt market fires up again .... HBAR was ready for a massive breakout having been consolidating in a bullflag formation for over 112 Days !
Target 65-70 C
HBAR bullish reversal swing tradeDaily candle successfully closed below 0.6 fib level which together with 0.5 are statistically most often visited levels by crypto. I would wait for a confirmation that the price will hold the white trade line which is measured from the 20 july's reversal and then go long.
BTC is bullish right now, it is a good time for alts, i can see HBAR going for a new all time high. Not even mentioning the fundamentals which were described already by other people in the tradingview community. Stars dont aling that perfect often.
HBAR / BTC - Repeating Pattern: End of September UpdateThe larger pattern has continued to repeat the smaller one since suggested back in May this year -see "HBAR / BTC - Repeating Pattern Idea - Worst Case Bull Scenario" in the related links below for my original post.
We finally got our move up during the first half of the month, as suggested in the End of August update.
For the 2nd half of September we've been correcting. The larger pattern that this is a part of is a double bottom on the all-time chart. Our double bottom min target is somewhere between mid-13 to 1400s sats , or it could be as high as low to mid 1600s sats . So far, we've corrected down to areas of previous weekly and daily ATHs, but haven't yet tested our previous weekly top. If we see further correction, it may go down as far as ~708 sats . If we go lower than that, we may see a shake-out prior to beginning our last and largest move up.
If we continued to repeat, we'd likely have a 2nd stopping point somewhere at or above our min target, and then a final blow off top that may even revisit or break listing day highs in the mid 3000s.
Failure of the larger double bottom could lead to a triple bottom instead, though I think this is still unlikely, unless the larger market moves bearish and sees a massive correction.
Zoom in on what happened last time:
Zoom in on now:
See previous related ideas in the links below for more details.
HBAR next to broke a triangleThe two white lines you see are two strong R/S I identified in Q1 when I bought HBAR. After a great pump which finished on 15th of last september HBAR has just retraced and also re-entered that zone within the two white lines. To date it's been a month since it pumped and looking at the chart I see an asymmetrical triangle whose base is indeed one of those white R/S.
I have two bullish options but they're very similar. The yellow line inclined line is the daily trendline, the orange one is the 4h one. If the correct one is the 4h price it's already at resistance, otherwise it's approaching it. Squeeze momentum indicator shows the dumping, at least momentarily has finished so this makes me think HBAR might try to break out. VLPR shows there have been many transactions in current price area, if volume increases price might break out.
In case of breakout the target (by book's rules) is on chart.
If price goes below VLPR's control line there'll be either a retest of bottom or price will approach resistance in the next days.
🔥 HBAR Huge Bounce IncomingHBAR is currently trading near the bullish dynamic support. This dynamic support has been holding strong since August, so chances are that HBAR will reverse from this area.
First target is placed at $0.38, a previous local high. Second target at $0.42, the previous local top.
Happy trading!
HBAR Below .50 Review 10_09_21 1130PM Eastern USThis chart shows where I expect HBAR to be at over the next few days. It should settle back to the .33 area before it makes its jump towards .50. It is performing perfectly and has a great trajectory.
🔥 HBAR Targets Reached: Break Out Soon?Two days ago I made an analysis on HBAR. In this analysis I argued that HBAR had likely found its local bottom at the support area and was prone to bounce.
Only two days later, HBAR smashed through both resistance targets and saw a nice 30% increase in value.
As for now, it appears that HBAR has found short term resistance at $0.39. I'm expecting this resistance to get taken out in the near future. Expect a break out through the resistance area soon.
Next target: $0.44
Happy trading!
🔥 HBAR Found Support: Potential Bounce IncomingOver the course of a month or so, HBAR seems to have found support in the area indicated on the chart.
Assuming that we're going to see a more bullish October, there's a decent chance that this area will be functioning as a major support throughout the month. Furthermore, keep an eye on the upward sloping trend line.
Two targets in this scenario. First target at $0.36, second at $0.39.
Happy trading!
HBAR / BTC - Double Bottom Continued: Min Target @ 1444 SatsI believe Hedera Hashgraph is going to be the next crypto with a sustained uptrend against BTC, similar to what Chainlink did last year, and similar to what Litecoin did back in 2014-2017.
To get there, we need to break our neckline @ approx 780 sats, and our previous ATH of 864 sats. Once we break the neckline, the next target would be the top of the line chart from the day we opened trading for this pair, and then 1444 sats becomes our MINIMUM target once we've confirmed the double bottom that has been proposed since last year.
Expect potential breaks above each of these areas, and then re-tests, or - on the other hand, stops at those same areas, and multiple tests to break above them. If we get to our min target @ 1444, I expect we'll go significantly higher, potentially into the 2400s and then 3000s.
If we fail to confirm our double bottom at any point and head down, a triple bottom may come into play, although I currently think this is unlikely.
Also on the chart, a snippet of a more detailed plan for what sort of pattern we might see with the HBAR / BTC pair (bottom right corner and linked below as "Repeating Pattern Idea") leading up to breaking the neckline for our double bottom.
See related ideas below:
*** for USD and BTC pairings ***
*** comparisons vs Chainlink and Litecoin as mentioned above ***
*** some early double bottom predictions from when we were at or near bottom ***
TradingView recently made it much easier to add images to charts, which is what motivated me to publish this one. Thanks TradingView!
HBAR TRENDHbar trend analysis
HBAR is the native, energy-efficient cryptocurrency of the Hedera public network. Hbars are used to power decentralized applications and protect the network from malicious actors. Developers use hbars to pay for network services, such as transferring hbars, managing fungible and non-fungible tokens, and logging data.
Hedera [HBAR] - Here comes.... "The Dip"Hedera - Here comes "The Dip"....
Good Value Area:
GREAT Value Area:
I've gone to the DARK side with my charts. Better for night time but better overall as well IMO. Just never took the time to figure it out till now, ha.
We'll see what HBAR does if it gets to the value areas and I'll throw a trade plan together and update. Worst case scenario is that it plummets and falls flat. No matter how impossible the worst case scenario may be, we always have to at least consider it and have a plan for what we would do in that situation. We don't want surprises. Nothing will surprise us if we've already considered it and prepared for it.
What do you think of HBAR?Hey everyone! Ill have more analysis updates coming soon. I've just been a little busy.
"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.
This technology allows it to 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. Overall, Hedera Hashgraph claims it can handle more than 10,000 transactions per second (TPS) — compared to the around 5-20 for most popular proof-of-work (PoW)-based blockchains." - Taken from CoinMarketCap
I'd like to hear your guys opinion AND ESPECIALLY if there's any developers currently working on or have previously worked with HBAR
Thanks again.
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