HBAR / USDT - Daily ATH Flipped and now acting as Support
HBAR / USDT or USD's previous all-time high has been breached, re-tested and is now our new support. We're now testing the top of a smaller channel and I believe heading to the top of this potential larger channel. This is the logarithmic line chart. Volume is growing with price, which is a good sign we'll continue to move upwards. As always, keep an eye on Bitcoin and Bitcoin Dominance, as it can destroy even the best of setups with alts.
News:
Hedera Hashgraph launched Hedera Token Service, a non-fungible token service running on Hashgraph, yesterday to become a realistic competitor to Ethereum.
It has also surpassed Ethereum's daily transactions within 9 months of having launched Hedera Consensus Service.
Target:
TP 1 - is around 20-24 cents area, 22-23 cents seems like a solid target.
TP 2 - Not listed on the chart - long-term I'm targeting 30-40 cents.
Others have recently predicted north of a dollar, to as high as 3-5 dollars. I'm not yet convinced it will go that high, but will keep an eye and update if I believe that becomes a possibility.
News:
Hedera Hashgraph launched Hedera Token Service, a non-fungible token service running on Hashgraph, yesterday to become a realistic competitor to Ethereum.
It has also surpassed Ethereum's daily transactions within 9 months of having launched Hedera Consensus Service.
Target:
TP 1 - is around 20-24 cents area, 22-23 cents seems like a solid target.
TP 2 - Not listed on the chart - long-term I'm targeting 30-40 cents.
Others have recently predicted north of a dollar, to as high as 3-5 dollars. I'm not yet convinced it will go that high, but will keep an eye and update if I believe that becomes a possibility.
