#Hbar$Hedera Hashgraph is considered one of the most prominent decentralized networks that relies on "hashgraph" technology, an innovative alternative to traditional blockchain technology. This network is characterized by its high speed, strong security, and energy efficiency, making it a distinctive choice for developing decentralized applications (dApps).

Current HBAR Price

At the time of writing this article, the price of HBAR is trading at $0.1801 with a slight decrease of 0.02% over the past 24 hours. The market capitalization is approximately $7.8 billion, and the daily trading volume is estimated at $205 million.

Technical Analysis

Technical data indicates that HBAR is forming a "descending wedge" pattern, which is often a positive signal for a potential bullish reversal. Additionally, the price has surpassed the 50-day moving average, supporting short-term upward expectations.

Latest News and Partnerships

Hedera has recently seen a strong increase of 20% following Nvidia's announcement of a technological partnership with the network. Coinbase has also launched support for HBAR custody on its Coinbase Prime platform, enhancing institutional confidence in it.

Future Predictions

Forecasts suggest that the price of HBAR may range between $0.2089 and $0.2497 during 2025, with an expected average of $0.2171, if partnerships and updates continue at the same pace.

This is not financial advice; do your own research.

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