Hedera Adds WBTC Support — Could Bitcoin’s DeFi Crossover Make HBAR 2025’s Sleeper Pick?
Hedera's latest move to integrate Wrapped Bitcoin could signal a transformative moment for decentralized finance. This strategic addition might pave the way for significant developments in the crypto landscape. Could this be an opportunity for Hedera to become a surprising frontrunner by 2025? The article delves deeper into the possibilities and explores which digital coins might be poised for impressive growth.
Hedera (HBAR) Faces Rocky Path, Eyes on New Heights
Source: tradingview
Hedera's price is currently hovering between 16 and 20 cents. It faces a challenging path with a notable dip over the past week and month. The coin is testing the waters as it moves closer to breaking through 21 cents, the nearest resistance level. If it manages to climb higher, reaching the 25-cent mark could signal a positive trend, marking a potential 25% rise from its current range. However, with recent declines, confidence isn't high yet, reflected in the RSI below 50. Persistent movement near support levels at 14 cents presents risks. Yet, if it breaks past resistance, Hedera might charm investors with its comeback potential.
Conclusion
Hedera's integration of WBTC paves a new path for decentralized finance. This strategic move could enhance the liquidity and functionality of HBAR in the market. The ongoing development in DeFi creates a potential for HBAR to gain more traction. With the addition of WBTC support, HBAR stands as a promising candidate for notable growth by 2025. As DeFi continues to expand and mature, HBAR may become a significant player in the space.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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