"Crypto Surge: Bitcoin Hits $85K, HBAR & BNB Eye Upside Amid Volatility"

Generated by AI AgentCoin World
Sunday, Mar 2, 2025 1:20 am ET1min read
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Cryptocurrency markets have witnessed significant volatility in recent days, with Bitcoin's price surging from last week's low of $75,000 to over $85,000. The total market capitalization of all cryptocurrencies has reached $2.8 trillion, while the crypto fear and greed index has dropped to the extreme fear zone. This article explores the top forecasts for coins like Hedera Hashgraph (HBAR), Grass token (GRASS), and Binance Coin (BNB).

Hedera Hashgraph (HBAR) price analysis indicates that the token dropped and bottomed at $0.1816 last week, as demand surged and other altcoins fell. This level was crucial as it was the lowest swing on February 3rd and the highest swing in April last year. HBARHBAN-- price has formed a small double-bottom pattern at $0.1816 and has moved above the 50-day Exponential Moving Average (EMA). The Relative Strength Index (RSI), MACD, and the Stochastic Oscillator have all pointed upwards, suggesting that the Hedera Hashgraph price will likely continue rising as bulls target the key resistance point at $0.30. Hedera's recent surge is primarily due to its partnership with Swift, an association of global banks that handles trillions of dollars a year. Swift will use Hedera as its main blockchain network for payments.

Binance Coin (BNB) price forecast shows that the coin peaked at $792 in December last year and has now plunged to a low of $608, down by about 25% from the highest level in 2024. The coin remains above the ascending trendline that connects the lowest swing since January last year. BNB price has remained slightly below the 50-day Exponential Moving Average and has moved to the bottom of the trading range of the Murrey Math Lines at $593. The Average Directional Index (ADX) has risen slightly upwards to 22. The BNB coin price has formed a double-bottom pattern at $562, with the neckline at $735. This bullish pattern suggests that the coin will likely have a strong bullish breakout in the coming months, pointing to more upside, with the next price to watch being at $735, up by about 2

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