Hedera Hashgraph (HBAR) Price Prediction 2022 – Will HBAR Hit $0.5 Soon?

Hedera Hashgraph (HBAR) Price Prediction 2022 - Will HBAR Hit $0.5 Soon?
  • Bullish HBAR price prediction for 2022 is $12.02 to $27.99.
  • The HBAR price will also reach $0.5 soon.
  • Bearish HBAR price prediction for 2022 is $6.81.

In Hedera Hashgraph (HBAR) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about HBAR to analyze the future movement of the cryptocurrency. 

Hedera Hashgraph (HBAR) Current Market Status

According to CoinGecko, the price of Hedera Hashgraph (HBAR) is $0.068172 with a 24-hour trading volume of $22,999,542 at the time of writing. However, HBAR has decreased to 10% in the last 24 hours. 

Moreover, Hedera Hashgraph (HBAR) has a circulating supply of 21,252,184,396  HBAR. Currently, HBAR trades in cryptocurrency exchanges such as Binance, FMFW.io, HitBTC, OKX, KuCoin, WhiteBIT, Huobi global, Digifinex, and Bitrue.

What is Hedera Hashgraph (HBAR)?

Hedera Hashgraph (HBAR) is the native utility token of the Hedera network. Hedera is a decentralized hashgraph distributed ledger technology. HBAR was launched during its ICO in 2018. Hedera network’s mainnet went live in 2019. Hedera network serves majorly as a distributed file service.

Rather than being built on any blockchain, the Hedera network is built on the hashgraph model that is secured by the proof-of-stake (PoS) consensus mechanism. It uses a patented algorithm that makes it a non-forkable network. The transactions on Hedera are faster and occur at low costs. The hashgraph distributed ledger is secure and immutable as Hedera deploys asynchronous byzantine fault tolerance (aBFT).

Hedera Hashgraph (HBAR) Price Prediction 2022

Hedera Hashgraph (HBAR) holds the 39th position on CoinGecko right now. HBAR price prediction 2022 is explained below with a daily time frame.

HBAR/USDT Falling Wedge Pattern (Source: Tradingview)

The above chart of Hedera Hashgraph (HBAR) laid out the falling wedge pattern.In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal. 

This pattern indicates a breakout in the price trend towards an upswing.

From the above chart, we can interpret that the momentum of the downtrend is slowing down.

Currently, Hedera Hashgraph (HBAR) is at $0.070. If the pattern continues, the price of HBAR might reach the resistance level of $0.0751, and $0.0972. If the trend reverses, then the price of HBAR may fall to $0.0570.

Hedera Hashgraph (HBAR) Support and Resistance Levels

The chart below shows the support and resistance levels of Hedera Hashgraph (HBAR).

HBAR/USDT Support and Resistance Level (Source: TradingView)

From the above daily time frame, it is clear the following are the resistance and support levels of Hedera Hashgraph (HBAR).

Resistance Level 1$0.1114
Resistance Level 2$0.1942
Resistance Level 3$0.3322
Support Level 1$0.0582
Support Level 2$0.0287
HBAR Resistance & Support Level

The charts show that Hedera Hashgraph (HBAR) has performed a bullish trend over the past month. If this trend continues, HBAR might run along with the bulls overtaking its resistance level at $0.3322.

Accordingly, if the investors turn against the crypto, the price of the HBAR might plummet to almost $0.0287, a bearish signal.

Hedera Hashgraph (HBAR) Price Prediction 2022 — RVOL, MA, and RSI

The Relative Volume (RVOL) of Hedera Hashgraph (HBAR) is shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, the RVOL of HBAR lies below the cutoff line, indicating weak participants in the current trend.

HBAR/USDT RVOL, MA, RSI (Source: TradingView)

Moreover, the Moving Average (MA) of the Hedera Hashgraph (HBAR) is shown in the above chart. Notably, the HBAR price lies below 50 MA (short-term), so it is completely in a downward trend. Currently, HBAR is in a bearish state. There is a possibility of a reversal trend of HBAR at any time.

Meanwhile, the relative strength index (RSI) of the Hedera Hashgraph (HBAR) is at a level of 42.28. This means that HBAR is in an oversold state. However, this gives confidence to the traders to trade without any fear.

Hedera Hashgraph (HBAR) Price Prediction 2022 — ADX, RVI

Let us now look Average Directional Index (ADX) of Hedera Hashgraph (HBAR). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.

HBAR/USDT ADX, RVI (Source: TradingView)

The above chart represents the ADX of Hedera Hashgraph (HBAR). Currently, HBAR lies in the range of 33.0987, indicating a strong trend. 

From the above chart, the Relative Volatility Index (RVI) of Hedera Hashgraph (HBAR). RVI measures the constant deviation of price changes over a period of time rather than price changes. The RVI of HBAR lies just above 50, indicating high volatility. In fact, HBAR’s RSI is at 42.28, thus confirming a potential buy signal.

Comparison of HBAR with BTC, ETH

The below chart shows the price comparison between Bitcoin, Ethereum, and Hedera Hashgraph (HBAR).

BTC Vs ETH Vs HBAR Price Comparison (Source: TradingView)

From the above chart, we can interpret ETH, BTC, and HBAR are moving in a similar trend but with slight differences. This indicates that when the price of BTC increases or decreases, the price of ETH and HBAR also increase or decrease respectively.

Hedera Hashgraph (HBAR) Price Prediction 2023

If the declining price action completely slows down in momentum and the trend reverses,  Hedera Hashgraph (HBAR) might probably attain $0.6 by 2023.

Hedera Hashgraph (HBAR) Price Prediction 2024

With several upgrades in the network, Hedera Hashgraph (HBAR) might enter a bullish trajectory. If the coin grabs the attention of major investors, HBAR might rally to hit $0.72 by 2024. 

Hedera Hashgraph (HBAR) Price Prediction 2025

If Hedera Hashgraph (HBAR) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, HBAR would rally to hit $0.85.  

Hedera Hashgraph (HBAR) Price Prediction 2026

If Hedera Hashgraph (HBAR) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, HBAR would rally to hit $0.98. 

Hedera Hashgraph (HBAR) Price Prediction 2027

If Hedera Hashgraph (HBAR) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, HBAR would rally to hit $1.2. 

Hedera Hashgraph (HBAR) Price Prediction 2028

If Hedera Hashgraph (HBAR) holds up a strong stance as a better investment option for the next 6 years, it might witness significant price rallies. Thus, by 2028, HBAR would hit $2.

Hedera Hashgraph (HBAR) Price Prediction 2029

If investors flock in and continue to place their bets on Hedera Hashgraph (HBAR), it would witness major spikes. HBAR might hit $3.07 by 2029.

Hedera Hashgraph (HBAR) Price Prediction 2030

With greater advancements in the Hedera Hashgraph ecosystem, the crypto community might continue to invest in Hedera Hashgraph (HBAR) for the next 8 years and drive significant price rallies for the token. Hence, Hedera Hashgraph (HBAR) might hit $4.5 by 2030.

Conclusion

With continuous improvements in the Hedera Hashgraph network, we can say that 2022 is a good year for HBAR. For this reason, the bullish price prediction of Hedera Hashgraph (HBAR) in 2022 is $0.3322. On the other hand, the bearish price prediction of Hedera Hashgraph (HBAR) for 2022 is $0.0287.

Furthermore, with the advancements and upgrades in the Hedera ecosystem, the performance of Hedera Hashgraph (HBAR) might hit $0.5 gaining investors’ attention. It would also rise to reach above its all-time high (ATH) of $0.569229 in the near future.

FAQ

1. What is Hedera Hashgraph (HBAR)?

Hedera Hashgraph (HBAR) is the native utility token of the Hedera ecosystem. Hedera is a distributed ledger system based on hashgraph algorithm. HBAR was launched in 2018.

2. Where can you purchase Hedera Hashgraph (HBAR)?

Hedera Hashgraph (HBAR) has been listed on many crypto exchanges which include Binance, FMFW.io, HitBTC, OKX, KuCoin, WhiteBIT, Huobi global, Digifinex, and Bitrue.

3. Will Hedera Hashgraph (HBAR) reach a new ATH soon?

With the ongoing developments and upgrades within the Hedera Hashgraph platform, Hedera Hashgraph (HBAR) has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Hedera Hashgraph (HBAR)?

On September 15, 2021, Hedera Hashgraph (HBAR) reached its new all-time high (ATH) of $0.569229.

5. Is Hedera Hashgraph (HBAR) a good investment in 2022?

Hedera Hashgraph (HBAR) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Hedera Hashgraph in the past few months, HBAR is considered a good investment in 2022.

6. Can Hedera Hashgraph (HBAR) reach $0.5?

Hedera Hashgraph (HBAR) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Hedera Hashgraph (HBAR) will hit $0.5 soon.

7. What will be Hedera Hashgraph (HBAR) price by 2023?

Hedera Hashgraph (HBAR) price is expected to reach $0.6 by 2023.

8. What will be Hedera Hashgraph (HBAR) price by 2024?

Hedera Hashgraph’s (HBAR) price is expected to reach $0.72 by 2024.

9. What will be Hedera Hashgraph (HBAR) price by 2025?

Hedera Hashgraph (HBAR) price is expected to reach $0.85 by 2025.

10. What will be Hedera Hashgraph (HBAR) price by 2026?

Hedera Hashgraph’s (HBAR) price is expected to reach $0.98 by 2026.

Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

Recommended for You

A dedicated writer who shows her interest in writing all sorts of content about the cryptocurrency market in NewsCrypto. She is an enthusiastic reader and writer with passion for sharing crypto news and trends.