WATCH OUT, what's happening with HBAR and BlackRock! 📈
Get comfortable, folks! There's a stir in the crypto world that we can't ignore. Strong rumors are swirling about Hedera (HBAR) and the investment giant BlackRock. The move is like this: they are speculating on the idea that BlackRock could launch an HBAR ETF. What does this mean? Basically, if it's approved, big investors could pour in a lot of money more easily, and that, ladies and gentlemen, could skyrocket the price of HBAR to another level! 🚀
Now, how does this look on the chart? Analysts are seeing a super optimistic figure, a pattern they call "cup and handle",
which is like a manual for a price rise. HBAR is already above $0.23, a number that shows its strength, but the buzz about BlackRock and the data that most people are betting on it rising (what's called the long/short ratio) are adding more fuel to the fire. 🔥
If things continue like this, and HBAR manages to break the barrier of $0.29, it could confidently aim for $0.40 and, if everything goes wonderfully, reach up to $0.50. 🎯 That's not just a prediction, it's the technical analysis of the charts that confirms it. In other words, the candles and lines are telling a story of growth.
What's up with the folks at BlackRock? Well, even though they haven't presented anything official, the rumor is so powerful that it's changing people's mood. A Bloomberg analyst, James Seyffart, gave it a 90% chance of that ETF being approved. That's no small thing! 🤯
So, if we add it all up: the pattern in the chart, the rumor of BlackRock's ETF, and the fact that most investors are hoping for the price to rise... the target of $0.50 doesn't seem like a fantasy. It's a real possibility that could change the game for Hedera.
The question that remains in the air is: Are you ready for this rise or are you going to watch it from the sidelines? 👀$HBAR
