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Cryptocurrency

HBAR is up by more than 6% today after Coinbase announced support

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HBAR, the native token of the Hedera ecosystem, is without doubt one of the best-performing cryptocurrencies over the previous 24 hours.

HBAR is outperforming the broader cryptocurrency market after including greater than 6% to its worth to date right this moment. 

The broader crypto market is retracing after beginning the week in a constructive trend. The overall cryptocurrency market stays above $1 trillion regardless of dropping lower than 1% of its worth within the final 24 hours.

Bitcoin stays within the inexperienced zone and is buying and selling above $22k per coin. The world’s main cryptocurrency by market cap has added lower than 1% to its worth right this moment. 

Ether continues to underperform regardless of the Merge getting nearer. ETH is down by greater than 2% right this moment and is buying and selling round $1,720 per coin. 

HBAR, the native token of the Hedera ecosystem, is without doubt one of the finest performers amongst the highest 100 cryptocurrencies by market cap. HBAR has added greater than 6% to its worth within the final 24 hours, outperforming the broader crypto market. 

The constructive efficiency comes after Coinbase, one of many main crypto exchanges on the earth, introduced its help of HBAR. 

Key ranges to look at

The HBAR/USD 4-hour chart is bullish as Hedera’s native coin has been performing effectively over the previous 24 hours. The technical indicators present that HBAR is outperforming the broader crypto market in the meanwhile.

The MACD line crossed into the constructive line over the weekend and has remained there, indicating bullish momentum for HBAR.

The 14-day relative energy index of 62 reveals that HBAR is shifting nearer to the overbought area of the market.

At press time, HBAR is buying and selling at $0.0683 per coin. If the bulls stay in management, HBAR may rally previous the primary main resistance degree at $0.0735 earlier than the top of the day.

If the broader market recovers, it may push HBAR previous the $0.081 resistance level for the primary time since August. 

eToro

eToro is without doubt one of the world’s main multi-asset buying and selling platforms providing a few of the lowest fee and charge charges within the trade. It is social copy buying and selling options make it a terrific selection for these getting began.


Purchase HBAR with eToro right this moment

Bitstamp

Bitstamp is a number one cryptocurrency alternate which provides buying and selling in fiat currencies or standard cryptocurrencies.

Bitstamp is a totally regulated firm which provides customers an intuitive interface, a excessive diploma of safety to your digital belongings, wonderful buyer help and a number of withdrawal strategies.


Purchase HBAR with Bitstamp right this moment



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