{"id":45402,"date":"2023-08-07T09:45:54","date_gmt":"2023-08-07T13:45:54","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/is-it-too-late-to-buy-hedera-hbar-price-shoots-up-11-in-24-hours-as-shibie-raises-150000\/"},"modified":"2023-08-07T09:45:56","modified_gmt":"2023-08-07T13:45:56","slug":"is-it-too-late-to-buy-hedera-hbar-price-shoots-up-11-in-24-hours-as-shibie-raises-150000","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=45402","title":{"rendered":"is It Too Late to Buy Hedera? HBAR Price Shoots Up 11% in 24 Hours as Shibie Raises $150,000"},"content":{"rendered":"
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Hedera Hashgraph (HBAR) has seen a third test of resistance from the 200DMA rejected as 3-months of suffocating price action seems set to continue.<\/p>\n

This comes as the enterprise grade layer-1 blockchain has struggled to breakout from rock-bottom technical structure following a painful -90% bleed-out from its all-time high (ATH)<\/p>\n

HBAR Price Analysis: Is Hedera Doomed to Hit Zero?<\/strong><\/h2>\n

The failed retest of resistance from the 200DMA has left Hedera in a minor -6.5% retracement, with HBAR currently trading low at $0.0562 (a 24-hour change of -2.77%).<\/p>\n

Built-off 12-days consolidation around support from the 20DMA, Sunday saw HBAR price shoot up +14.3% in a dramatic move triggered by the news that FreshSupplyCoAU have integrated Hedera into its Continuity API – \u00a0in a move which connects the blockchain with the Mastercard network.<\/p>\n

But despite the strong fundamental headwind, rejection at the 200DMA was swift, with momentum crumbling almost instantly at the $0.06 price level.<\/p>\n

Yet, while price action is reeling from rejection, there is some solace from the steadfast support of the 20DMA, combined with the bullish signal found in the MACD at 0.0003.<\/p>\n

The RSI contrasts this, however, overheating significantly on the recent push up to a bearish signal at 60.70 – although the -6.5% retracement appears to be cooling-down this critical indicator dramatically.<\/p>\n

With upside potential seemingly limited to the ironclad resistance layer around $0.06 (+6.2%), and downside risk limited by strong footing in the 20DMA at $0.535 (-5.3%), HBAR faces a mediocre risk: reward profile.<\/p>\n

Representing neither a particularly lucrative long or short position, HBAR’s risk: reward ratio reads 1.17.<\/p>\n

Yet, while it may be too late to get stuck into HBAR price action this week, intrepid traders are already moving on to find the next meme coin with moon-shot potential – and the recent hype around the Barberheimer film franchises seems to fuelling explosive traction for an emerging token.<\/p>\n

Barbenheimer Ignites Shibie Presale, Exploding Beyond $150,000<\/strong><\/h2>\n

There’s a new pup in town, and it’s gearing up to leave a paw print so indelible that you’ll be talking about it for years to come.<\/p>\n

Meet Shibie, the glamorous Shiba Inu-Barbie crossbreed ready to take the crypto space by storm – yes, you heard right. Hollywood’s blockbuster sensation Barbie and the ever-viral Shiba Inu have joined forces in the form of this disruptive token, set to redefine the meme coin space.<\/p>\n

Without wasting a second, the Shibie presale is on with almost $175,000 already raised, and with 60% of supply on offer, tokens are priced at an alluring $0.000167, there’s simply no time to waste.<\/p>\n

Remember, we’re talking about raising a small seed funding round of $999,999, which could sell out in the blink of an eye considering the buzz around Shibie. So, make your move, and make it fast.<\/p>\n

Barbie-Themed Inu Attracts New Class of Gen X Meme Coin Investors<\/strong><\/h2>\n

With 1,000x gains or even more on the horizon, Shibie is set to outshine even the brightest stars in the crypto market.<\/p>\n

What sets Shibie apart is its unique fusion of two cultural icons \u2013 the Shiba Inu and Barbie, creating an alluring charm that’s hard to resist.<\/p>\n

This playful union of whimsy and glamor, encapsulated in a single token, is sure to captivate audiences and break boundaries as Barbie smashes the 15-year old box office record.<\/p>\n

Dedicated to creating a diverse and inclusive community, the Shibie team has allocated 20% of the $SHIBIE token supply to DEX liquidity and 10% to centralized exchange (CEX) liquidity.<\/p>\n

This strategy ensures smooth trading conditions right from its initial launch while widening $SHIBIE’s reach.<\/p>\n

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With a massive marketing drive in the pipeline, Shibie is all set to make headlines.<\/p>\n

The team’s strong focus on liquidity and clever marketing ensures a vibrant presence across various media platforms, making Shibie the talk of the town – connect with the Shibie Telegram and Twitter <\/a>to stay up-to-date.<\/p>\n

Be a part of the Shibie revolution \u2013 seize the opportunity, invest in the presale, and make your mark in the crypto meme coin vertical.<\/p>\n

Buy SHIBIE Here<\/strong><\/p>\n

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.<\/sup><\/i><\/p>\n<\/p><\/div>\n