Artificial Intelligence Predicts Hedera (HBAR) Price Trend for May 1

Wednesday, 24 April 2024, 13:08

Discover the latest HBAR price movement analysis driven by a recent misunderstanding involving BlackRock, uncovering potential future trends and expert opinions. Artificial intelligence forecasts a moderate uptrend for HBAR, contrasting with bullish predictions from crypto experts. Stay informed on potential surges and overall performance to make informed investment decisions.
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Artificial Intelligence Predicts Hedera (HBAR) Price Trend for May 1

AI forecasts Hedera price on May 1

According to the AI’s prediction, while HBAR will not see a parabolic rise following the misunderstanding, the momentum is likely to be enough to cause a moderate uptrend.

Indeed, the platform forecasts that Hedera will continue climbing slowly over the coming 7 days and will find itself at $0.137059 on May 1, 2024 - 2.13% above its press time price of $0.1342.

HBAR forecast for May 1, 2024. Source: PricePredictions

At the same time, crypto experts are more bullish on the token than AI as analysts known as Credible Crypto on YouTube and CrediBULL Crypto on X opined in an April 24 post that HBAR is poised for a substantial surge.

In fact, the expert's prediction also forecasts a dramatic rise toward $0.22 before the end of April 25.

HBAR price surge projection chart. Source: @Credible_Crypto

Whether the coming 48 hours bring a surge to $0.22 or the coming 7 days a climb toward $0.137, HBAR’s recent performance - even if driven by misunderstanding - is nothing short of impressive.

Indeed, even with the most recent fall, Hedera is 52.18% in the green in the last 24 hours in the crypto market and 71.68% up on the weekly chart. HBAR price today, at press time, stands at $0.1342.

HBAR 7-day price chart. Source: CoinMarketCap

Longer-term, Hedera has also been showing significant strength as it rose 56.17% since the start of 2024 and as much as 119.90% in the last 52 weeks.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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