Swift Partnership Opens $150T Market for Hedera—Will HBAR Price Reach $1?
Hedera has been one of the promising projects since the beginning, with the tokens coming to the top ten cryptocurrencies as prices rise latest. Over 30% growth in the past 48 hours, the tokens surpass popular cryptocurrencies such as Chainlink, Steller and Litecoin to become the 11th largest cryptocurrency in the market. Token growth and bullish sentiment among market participants indicate HBAR price Set to achieve 60% of the gathering, which is about to reach $1.
Why is HBAR price rising?
Hedera is known for its strategic partnership that greatly strengthens the platform. According to the new update, Swift is a global payment for international transfers by banks, and it announces a partnership with Hedera by integrating blockchains in North America, Europe and Asia.
https://twitter.com/dagnum_pi/status/1895651088143135185
Following this significant step, institutional adoption will be added to the Hedera network, which could also make the chain a leader in the world of cross-border payments. In this way, HBAR prices are expected to undergo significant changes and soon trigger a strong rise.
Will the Hedera price reach $1?
The price of HBAR has been above the 5-week downward trend and has risen strongly, indicating that the Bulls have regained their dominance over the token. Furthermore, technology has become bullish, indicating that prices are about to start a new trend of new highs.
The weekly HBAR chart seems very optimistic as the token will be participating in the first weekly Golden Cross. In addition, weekly RSI also triggered bullish divergence before reaching average. Therefore, HBAR prices are expected to resume strong rises at $0.289 in a very short period of time and recover at $0.289. Once the Bulls ensure these levels, the Hedera price is expected to launch a strong bullish rally and reach higher levels.
