Hedera Hashgraph’s Rollercoaster: Is It Time to Hang On? 🤔

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Oh great, Hedera Hashgraph’s price just keeps sliding. Like my mood at a family dinner, folks are losing demand for Bitcoin and other coins. Yippee! 🎢

Hedera’s down to $0.1870—almost 20% wiped out just this month, and a whopping 54% from last November’s glory days. Somebody call the repairman!

The crypto market lost its mojo. Bitcoin slipped back to $102,000—after teasing us at $107,000. Just another day in paradise, right? 🙄

But wait! Despite the nosedive, Hedera’s fundamentals are hanging in there. The total value locked in DeFi shot up 15% in a month—because of platforms like Stader and Bonzo Finance. Who knew? 🧐

And look at this—stablecoins on Hedera skyrocketed from $40 million to $181.2 million in ONE day. It’s like everyone’s suddenly obsessed with stability. Isn’t that adorable?

More stablecoins mean more on-chain action, which sounds fancy, until you realize Tron’s getting rich off Tether transactions. Yay, crypto! 🎉

Decentralized exchange volume on Hedera? Grew over 80% last week, reaching $70.4 million, taking the total to a jaw-dropping $4.58 billion. Never heard of it? Neither have I, but it sounds impressive!

And the cherry on top—futures traders are all bullish since April 16. They think prices will rise. Yeah, because that’s totally how magic works, right?

Technical mumbo jumbo—because what else can we do?

HEDERA’s latest price chart? Looks like it pulled back, like a kid after asking for a new toy. But it’s still above the 200-day EMA and the 61.8% Fibonacci level—so maybe, just maybe, it’s not totally over. Or it’s just stubborn. Who can tell?

Plus, there’s an inverse head and shoulders pattern. Fancy talk for “it might bounce back.” Or not. We’ll see.

If the world doesn’t end, and the US credit rating drama passes, the price could climb back to $0.2240. But if it falls below $0.15, all bets are off. Fair warning!

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2025-05-19 16:48