Hedera

<ul><li>Over the past week, Hedera has achieved a remarkable 44.20% surge, significantly outperforming similar Layer 1 cryptocurrencies.</li><li>CrediBULL Crypto reveals that HBAR has been showing a constructive 5-wave pattern on lower timeframes.</li><li>The crypto now boasts a market capitalization of $4.18 billion, a figure that starkly surpasses general market performance.</li></ul><a href="https://cryptotale.org/hederas-hbar-eyes-growth-analysts-predict-2x-3x-surge/" rel="noopener noreferrer nofollow">Hedera</a> (HBAR) has recently demonstrated a noteworthy surge, distinguishing itself from its competitors and capturing the attention of investors and analysts alike. Over the past week, Hedera has seen a significant price increase of 44.20%, a stark contrast to the global cryptocurrency market&#39;s modest gain of 1.80% and the 2.30% uptick observed in similar Layer 1 (L1) cryptocurrencies.Hedera, recognized for its high-efficiency blockchain technology, has shown resilience and growth in a challenging market. During reporting, the price of Hedera stands at <a href="https://www.coingecko.com/en/coins/hedera" rel="noopener noreferrer nofollow">$0.117</a>, marking a 3.13% increase in the last 24 hours alone. With a circulating supply of 36 billion HBAR, the platform&#39;s total market capitalization has reached approximately $4.18 billion. This rise in value is supported by a robust trading volume of $435 million over the same period.Market analysts, including those at CrediBULL Crypto, have been closely monitoring Hedera&#39;s progress. A recent <a href="https://x.com/CredibleCrypto/status/1783619991641715172" rel="noopener noreferrer nofollow">analysis</a> highlighted that despite some earlier uncertainties, Hedera has started to show a constructive 5-wave pattern (Elliot wave) on lower timeframes. The analyst is looking for a continuation of the positive trend, which could be triggered by a break in lower timeframe market structures followed by the formation of a higher low, setting the stage for a return to previous highs.<a href="https://cryptotale.org/hbar-leads-layer-1-cryptocurrency-signaling-potential-growth/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

HBAR Leads Layer 1 Cryptocurrency, Signaling Potential Growth

CryptoTale

Other articles published on Apr 26, 2024

Bitcoin Price Prediction: As “Buy Bitcoin” Sign Behind Janet Yellen Sells For $1M, Investors Floc...

Cboe reorganization will merge or eliminate digital arm’s activities

Polygon Price Prediction: Is Matic Ready to Charge Again?

Ethereum (ETH) Early Investor Who Bought at $50 Says This Low-Cap Coin Priced Under $0.05 Could B...

Top DeFi Cryptocurrencies Poised for Remarkable Growth in the Upcoming Rally

Is It Too Late To Buy BabyDoge? Baby Doge Coin Price Jumps 29% In A Week As The Dogeverse ICO Bla...

Join our free newsletter for daily crypto updates!