A popular analyst made statements for an enterprise-grade altcoin focused on security and compliance.
Anonymous analyst Credible Crypto says Hedera (HBAR) is in an uptrend, with a chart highlighting weekly HBAR demand dating back to March last year.
“History doesn’t repeat itself, but it often rhymes…”
Analyst, asked for more clarity by a follower, supply of demand
“Several significant HTF fluctuations for the same region indicate that buyers are stepping up to buy the dip in that region and there may be a reversal when demand exceeds supply during a correction. ”
Crypto analyst was asked about the “stable” price of HBAR and he replied: “Consolidation comes before expansion. Whatever they do, once the speculators break out, they’ll come and take care of the rest.”
Hedera is currently the 35th cryptoasset by market cap. The cryptocurrency was trading at $0.253127 at the time of writing.
Later on to Bitcoin, Credible said that he thinks the leading cryptocurrency is ready to surpass the next $45,000 level.
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