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Hedera (HBAR) Up 3.14% Saturday: What's Next?

Saturday, January 01, 2022 08:01 PM | InvestorsObserver Analysts
Hedera (HBAR) Up 3.14% Saturday: What's Next?

Hedera (HBAR) has been relatively less volatile compared to the crypto market. So far Saturday, the Payments/Other has advanced 3.14% to $0.301634219.

volatility - 19
InvestorsObserver is giving Hedera a 19 Volatility Rank. Find out what this means to you and get the rest of the rankings on Hedera!

Low Volatility

InvestorsObserver gives Hedera a low volatility rank of 19, placing it in the bottom 19% of cryptos on the market.

The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. HBAR's low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.

Hedera price is trading above resistance. With support at $0.28797602797101 and resistance at $0.298930437808733. This leaves Hedera out of range and potentially in a volatile position if the rally burns out.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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