They say a rising tide lifts all boats. But down here, amongst the charts and the whispers, you learn that some boats are just better built. This Hedera thing…it’s been movin’. Eighty percent off the bottom, they say. Eighty percent. Sounds like a good story, doesn’t it? Like a dust bowl farmer striking oil. But the land remembers droughts, and the charts… well, they remember everything.
Folks are pointin’ fingers at levels, talkin’ about ‘phases.’ Analysts, bless their hearts, are always lookin’ for phases. Like life has neat little sections you can predict. It don’t work that way. It’s more like a tumbleweed, rollin’ wherever the wind blows. Still, they say there are lines drawn in the sand.
A Little Bounce, A Lot of Hope
This fella, @TheRealNaviNFT – a name like that’s gotta mean somethin’ – he sees a structure. A ‘bullish structure.’ It’s at $0.26707 now, after a little gain. Chart shows it kicked up around $0.22, hit $0.31, then settled back down. Like a tired mule finally finding some shade. They call that ‘controlled profit-taking.’ I call it folks lookin’ to pay the rent.
It’s hangin’ in there, sideways now, between $0.31 and $0.26. Like a cat on a fence, uncertain which way to jump. They call it consolidation. I call it waitin’ for the other shoe to drop. But the volume is low, so maybe, just maybe, it’ll hold. 🤷♀️
It’s a narrow strip of land, this price. A flag, they say. Or a pennant. All fancy talk for ‘it might go up, it might go down.’ If it breaks $0.275, they say it’ll chase $0.31, maybe even $0.40. Optimists. But if it slips below $0.255? Well, then it’s back to $0.24. This is the dance. Always the dance.
The Market’s Rhythm
Yesterday, it barely budged. $0.27, up a hair. Like a slow waltz. It rallied, dipped, rallied again. The same story, told a thousand times. They got a resistance at $0.27 and a support at $0.264. Balance, they call it. I call it…well, I call it what it is.
Half a billion dollars traded hands. That’s a lot of hopeful money. A lot of dreams riding on a digital number. Market cap’s at $11.3 billion. Amongst the big boys now. If it gets past $0.280, folks will start lookin’ at $0.30. But that support at $0.262… that’s the line in the sand. Don’t cross it. 😬
The Bands Tell a Tale
Now they’re lookin’ at these Bollinger Bands, these fancy lines drawn on a chart. Hedera’s at $0.26750, just below the top band at $0.29115. Means it’s still movin’ up, they say. Still got some steam. It’s above that 20-day average, too. They call that a trend. I call it… a direction, for now.
This BBP indicator, 0.07175, is tellin’ ’em it’s buildin’ strength. The lines are gettin’ wider. Volatility. Means it could go either way. They say if it gets above $0.30, it’ll chase that yearly high of $0.35437. But don’t forget $0.260 and $0.20078. Those are the safety nets. If they break, well… don’t say I didn’t warn you. 🤷♂️
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2025-07-20 20:18