Analysis #HBAR 04/24/2025

$HBAR , this represents very well what most GREAT Altcoins are doing at this moment. It recovered the crucial support in the green area of the chart around $0.17, which now leaves us with a good position to attack the gray region higher up, around $0.25.

Notice that HEDERA was one of the very few altcoins that maintained good profits during this market decline that has lasted around 4 months.

This green area on the chart is a support that must be maintained until next week, and then we can say: WE ARE BACK.

What impresses me about HBAR is not the fact that it has so much strength while many others have been crushed; what truly impresses is the partnerships it is constantly forming, especially with ongoing tests in SWIFT, the partnership with the U.S. Government for the FEDNOW system, and some that are still being concluded.

Every week we have news about HBAR; it's hard not to be optimistic about this. For this reason, I don't worry about where its price is now or even when it was lower; the success of HBAR is evident.

I could mention things here that are already public, such as its ETF application that should have been approved this week, but unfortunately today the SEC requested until June 11 to respond to this. Of course, it wasn't a bitter action because our dear Atkins just took office as the SEC chair 2 days ago, so if he needs a little more time, he can have a little more time; after all, he is one of those we are sure will be on our side, and he will certainly be involved in this future decision.

Another point here is the acquisition of TIKTOK; we are still in the running for this purchase, and it seems to me that AMAZON has indeed exited the game, and if it has exited the game, then the chances for HEDERA have increased significantly. This purchase would elevate us to another level.

Few Altcoins can and are making history like HBAR; the top is quite restricted in this cycle, so know how to choose wisely.