Hedera (HBAR) is a cryptocurrency that runs on a hashgraph, a type of blockchain. The Hedera Hashgraph supports cryptocurrencies, smart contracts, and distributed apps (DApps). 

Hedera has its own native cryptocurrency, HBAR, which is fueling the decentralized economy with energy-efficiency.CoinMarketCap reports that Hedera has a maximum supply of 50,000,000,000 HBAR while its circulating supply is 21,084,776,584 HBAR. Binance, Huobi Global, Kucoin, Bittrex, Crypto.com, are some of the top cryptocurrency exchanges for trading Hedera (HBAR).

HEDERA (HBAR) Price Prediction 2022

Hedera coin (HBAR) ranging between $0.112 at the resistance2 level and $0.081 at the resistance1 level in the recent past, and then touched the $0.055 support1 level.

Irrespective of this sideways movement in the price of HBAR, we can deduce the following: 

1. HBAR coin’s price is expected to reverse at the $0.081 resistance1 level, based on the history at that price. In the event that investors get their way, it could surge into the $0.112 resistance2 level before reversing, due to the formation of a triple top.

2. Resistance1 level reverse will lead to a further decline in the price of HBAR to the support1 level at $0.055 until a triple bottom is formed. This could lead to a bullish reversal.

Nevertheless, we predict a bullish HBAR price prediction for 2022 as psychological barriers may be broken. We can expect HBAR to reach $0.30 this year. 

Last edited by Cryptoraga (9/12/2022 3:29 am)