Hedera (HBAR) Up 0.89% Tuesday: What's Next?

Hedera (HBAR) Up 0.89% Tuesday: What’s Next?

29 November 2022

in HBAR

Reading Time: 2 mins read

Hedera (HBAR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Payments/Other has gained 0.89% to $0.04914091966.

InvestorsObserver is giving Hedera a 26 Volatility Rank. Find out what this means to you and get the rest of the rankings on Hedera!

Moderately Volatile

InvestorsObserver gives Hedera a moderate volatility rank of 26, placing it in the bottom 26% of cryptos on the market.

BlockDAG’s CEO and Team Announced: Expected to Surpass Hedera and Polygon with a Projection

BlockDAG’s CEO and Team Announced: Expected to Surpass Hedera and Polygon with a $1 Projection

30 July 2024

VeChain (VET) And Hedera (HBAR) Triple Red Charts. Rollblock (RBLK) Seems The Summer Sure Money Bet – Times Tabloid

28 July 2024

The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.

[crypto-donation-box]

HBAR’s moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Hedera price is trading near resistance. With support at $0.0476286286156741 and resistance around $0.0496071824472514. This positions Hedera with potential selling pressures ahead as it may be getting over extended.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.