Hedera Hashgraph Price Prediction – Will HBAR Price Hit $1 in 2022?

This Hedera Hashgraph (HBAR) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our HBAR  price analysis and prediction.

At the start of the year 2022, it is noticeable that many altcoins have geared up and skyrocketed in their prices. The Hedera Hashgraph surprises the crypto world with its performance. Hedera Hashgraph (HBAR) that crypto has lost 63% of its value in the past one year.

Now that we are already knowledgeable about what HBAR is and its function, let us head to the charts and talk more about the profitability chance of crypto this 2022. If you are ready, let us now head to this CQ HBAR price analysis and prediction article.

What is Hedera Hashgraph (HBAR)?

Hedera Hashgraph is the trust layer of the internet which is a public network that enables individuals and companies to develop powerful decentralized applications (DApps). Moreover, the platform is created to be a fairer, more efficient system that eliminates a few of the limitations that older blockchain-related platforms will face which include slow performance and instability.

In August 2018, the platform was funded via an initial coin offering (ICO). Just over a year later in September 2019, the platform first launched open access to its mainnet. More so, as part of the ICO, investors can purchase the platform’s native utility token HBAR at the lowest pricing possible.

In addition, the HBAR token offers a dual role inside the Hedera public network. Notably, HBAR fuels the Hedera services, which include smart contracts, file storage, and also regular transactions. The Hedera Hashgraph platform is utilized to help secure the platform since HBAR users could stake the tokens to assist in maintaining the platform’s integrity.

In terms of technology, Hedera Hashgraph (HBAR) is a proof-of-stake public network powered by hashgraph consensus. As a result, HBAR can perform fast transaction speed with low bandwidth consumption. Also, this is the reason that made HBAR one of the popular and leading digital assets in the crypto market.

Now that we are clear about HBAR do you think HBAR will be beneficial crypto in 2022? Join me and let us see the charts in this HBAR price analysis and HBAR price prediction.

Hedera Hashgraph (HBAR) Current Market Status

As of the time of writing this HBAR price analysis, HBAR trades at $0.068 with a 24-hour trading volume of $20,215,229. The price of HBAR has decreased by 2.99% in the last 24 hours.

Furthermore, HBAR has a current circulating supply of 18.09B HBAR. Currently, the top cryptocurrency exchanges for HBAR are Binance, OKEx, Huobi Global, KuCoin, and HitBTC.

Now, let’s go to the next part of this HBAR technical analysis for 2022.

Hedera Hashgraph (HBAR) Price Analysis 2022

Currently, HBAR holds 38th place on CoinMarketCap. But will the latest upgrades, development, and changes in the HBAR blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this HBAR price prediction article.

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Hedera Hashgraph (HBAR), it could be seen that the present uptrend could continue since the last candlestick is within the first half of curve from the top. This shows that the present increase in the price of HBAR might be sustained for some days before any reversal would be expected.

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of the 1Day chart is 52.11.  This shows that HBAR is showing a strong trend since its RSI lies between 50 and 70. This value can trigger a bullish or bearish run if investors reposition themselves either towards the buyers or sellers.

From the chart above, the 200-MA is above the 100-MA which means that long-term investors would gain. However, since the gap between the two moving averages is wide and both moving averages are above the recently formed candlesticks, the price of the coin might increase further.

Hedera Hashgraph (HBAR) Price Prediction 2022

The chart below shows that HBAR has performed great over the past few days. Moreover, the HBAR price shows a bullish trend and has increased by 8.8% in the past 14 days. If this trend continues, HBAR might run along with the bulls, overtaking its $0.081 resistance1 level and climbing higher to $0.263 at resistance8 level, the 2022 bullish signal.

Conversely, if the investors turn against the crypto, the bears might take over and push HBAR from its uptrend position. In simpler terms, the price of HBAR might decrease to almost $0.059, a bearish signal.

Meanwhile, our long-term HBAR price prediction for 2022 is bullish. It has a high possibility of surpassing its current all-time-high (ATH) at about $0.57 this year. However, that will only happen if it breaks many previous psychological resistances.

Hedera Hashgraph (HBAR) Price Prediction 2023

If this bullish trend continues, HBAR will hit $7.5 by the end of 2023. Moreover, the first half of 2023 is going to reveal fast growth, up to $4. Then the rise will slow down, but no major falls are expected. With upcoming partnerships and developments happening, reaching $7.5 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

Hedera Hashgraph (HBAR) Price Prediction 2024

If HBAR holds the support level around 200-MA which is the long-term moving average, buyers will then have ample time and stability to forge the next attack mission on the vital level at $15, making it not plummet but play consistently.

Hedera Hashgraph (HBAR) Price Prediction 2025

As per the latest upgrades, developments, HBAR price prediction, and new project forecasts of the platform, HBAR investors could expect many partnerships and integrations around 2025. Moreover, this might boost the price of HBAR in the crypto market, and it will be the best investment as the price can spike and reach around $30.

Hedera Hashgraph (HBAR) Price Prediction 2026

In the next four years, HBAR prices could race up to $50. In addition, reaching this level could not be so difficult for HBAR as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that HBAR has a high possibility of reaching a new ATH soon in the next four years as per the prediction.

Hedera Hashgraph (HBAR) Price Prediction 2027

As per the latest upgrades, developments, HBAR price prediction, and new project forecasts of the platform, HBAR investors could expect many partnerships and integrations around 2027. Moreover, this might boost the price of HBAR in the crypto market, and it will be the best investment as the price can spike and reach around $70.

Hedera Hashgraph (HBAR) Price Prediction 2028

In the next six years, HBAR prices could race up to $100. In addition, reaching this level could not be so difficult for HBAR as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that HBAR has a high possibility of reaching a new ATH soon in the next six years as per the prediction.

Hedera Hashgraph (HBAR) Price Prediction 2029

As per the latest upgrades, developments, HBAR price prediction, and new project forecasts of the platform, HBAR investors could expect many partnerships and integrations around 2029. Moreover, this might boost the price of HBAR in the crypto market, and it will be the best investment as the price can spike and reach around $150.

Hedera Hashgraph (HBAR) Price Prediction 2030

In the next eight years, HBAR prices could race up to $200. In addition, reaching this level could not be so difficult for HBAR as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that HBAR has a high possibility of reaching a new ATH soon in the next eight years as per the prediction.

Conclusion

Hedera Hashgraph has a bright future ahead of it in 2022. With the ongoing developments happening within the HBAR ecosystem, as well as in the overall crypto market, we may see HBAR reach new heights.

Bullish HBAR price prediction 2022 is $0.263. HBAR may even reach $1 if investors have decided that HBAR is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies. 

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