HBAR (Hedera) forecast for 2024 year

Welcome to the crypto site. My name is Victor, and today: HBAR (Hedera) forecast for 2024 year. Join the discussion on the topic – CryptoViktor

HBAR (Hedera) forecast

Fundamental analysis and news of HBAR (Hedera)
I, Victor, would like to share my analysis of the HBAR token from Hedera, a company that offers new data management technologies. Hedera provides speed, security, and decentralisation, which is essential for storing sensitive data such as banking secrets and business data. Highlights of the fundamental analysis include:

• 📊 Position and capitalisation: Hedera ranks 27th in terms of market capitalisation at $4bn.
• 🌐 Large customers: The company has 39 large corporate customers such as Google, Boeing, IBM and LG, which support the network nodes, ensuring its stability and security.
• 🔗 Updates and news: Hedera is constantly updating its ecosystem, including on their official websites, where you can find detailed information about projects and the latest news.

Technical analysis of HBAR (Hedera)

Let’s move on to the technical analysis of HBAR. Using data from TradingView, I analysed the main trends and opportunities for investors:

• 📈 Historical data: The monthly charts show that HBAR has gone through several up and down cycles. Currently, the price is in the middle zone, which indicates that further growth is possible.
• 📉 Potential fluctuations: The weekly charts show that the price of HBAR may remain in the middle zone during the summer with a possible rise in the autumn. This emphasises the relative stability of the token in the market.

Bitcoin forecast, BTC (Bitcoin)

Bitcoin, which has an impact on the entire crypto market, should not be overlooked.

• 🚀 Growth: The latest data shows a significant increase in Bitcoin, which can have a positive impact on altcoins, in particular HBAR.
• Analysis: European and Asian markets have shown strong growth, which may continue thanks to momentum-based indicators and trading volumes. The BTC rate is expected to continue growing with some fluctuations.

To sum up, the HBAR token demonstrates stability and prospects for long-term investment due to its constant development and support from the community. The analysis of market trends shows that the token has the potential for growth, especially in the context of positive forecasts for bitcoin.

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