HBAR jumps after the first HEDERA ETF launch star-news.press/wp

The Hedra Hashgraph code has jumped and across an important resistance level after launching the first trading box for exchange.

HEDERA (HBAR) jumped to an increase of $ 0.2500, its highest level since March 7, an increase of almost 100 % of its lowest point in June. This gathering was a constantly encrypted bull.

Another height stimulus was the advertisement of Falor Finance about the launch of the Valor Hedra Physical Staking Trochred product on the six Swiss Stock Exchange. In a statement, Johanna Piles, the northern northern head of Fallor, He said:

“Switzerland is one of the most appropriate markets for organized encryption products, and we are proud to give investors here access to bearing protocols like HBAR and ICP in a simple and compatible format.”

The new list will give investors, most of them in Switzerland, access to HBAR and its rewards. The data shows that HBAR codes have a relatively small return of 0.03 %, which is much lower than other common symbols like Solana (SOL) and Avalanche (Avax).

The list comes at a time when Wall Street is waiting for a possible approval of HBAR ETF by the Securities and Exchange Committee. Approval would allow it to access American investors, who continue to show strong attention in the investment funds circulating in encryption.

For example, the Bitcoin Spot investment funds attracted more than $ 53 billion in flows, while Ethereum ETFS added more than $ 6.4 billion.

The HBAR case is that HEDERA is a large encoding project with the market value of more than 10 billion dollars. Among the members of the Governance Council are blue chip companies such as Google and Ubisoft, and its ecological stablecoin has momentum.

Stablecoin’s supplies jumped to more than $ 162 million, which is much higher than the year has started.

Technical analysis of HBAR price

The daily graph shows that the HBAR price has some of the strongest technologies. Double bottom style formed at $ 0.1265 and has already broken over the neckline at $ 0.2300, the highest point on May 13.

The price of Hedra is about to form a small golden cross style, as the spread between the moving averages for 50 days and 100 days is narrowed. It has also moved higher than the Fibonacci reinforcement level by 50 %.

Therefore, the most vulnerable scenario continues in the upward trend, with the next level to watch $ 0.3155, and a 23.6 % decline point, which is 30 % more than the current level.