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Hydrausd

Huge Volume Pouring Into Hydra. Is the Bloodbath Finally Over?KUCOIN:HYDRAUSDT has seen a massive decline of 99.4% from its peak, and it has found support at 30 cents, but is the bottom finally in? The trading volume has been high lately and there is a possibility of a trendline breakout and backtest. RSI is close to making higher highs, but the bulls need to push beyond the 92-cent range to avoid a hidden bearish divergence. 1 week RSI is also finally above 50, for the first time since Oct 2021. Stochastic RSI looks bullish after crossing up from oversold levels, and the price is currently above the Volume Profile Point of Control. MACD seems to have avoided a bearish cross, indicating the possibility of a sustained rally. However, if there is a market sell-off, it could empower the bears and halt the bullish advance. Ideally, it is desirable to see profit-taking with the fresh money going into projects that have not rallied yet. I have learned the hard way that high-staking rewards are not always trustworthy when I invested heavily between $11-$14. At that time, Kucoin was paying around 40%, but the current rates have dropped to 15%. Since then, I have gained more hydra than my initial position, but the value of my investment has plummeted drastically. I have added more to my position at 60 cents. The current market capitalization is around 17 million, with approximately 19 million coins in circulation, and most of them are currently being staked. The staking rewards may be contributing to the selling pressure, As price has lingered below the issue price for some time. Im confident that hydra will have its time, hopefully that time is soon. Hydra sounds like an exciting project on paper, so it is sad to see its price decline so drastically. For more information, please visit hydrachain.org As we all know, the crypto market is unpredictable, so it is essential to conduct thorough research and due diligence before investing Speculative Setup, DYOR. Good Luck!
Long
by bL1TZZ
May Great Things Happen to $HYDRA(HYDRAGON) this year!This is a technical analysis of a Bullish Idea of what i expect EURONEXT:HYDRA “HYDRAGON” to do on the weekly chart. Hydra Boasts an amazing current 32% -37% Staking APR and will adjust to keep incentives profitable while never falling below 20% staking APR. Only Time will tell if this scenario plays out, but with companies like LockTrip building/supporting this blockchain i feel this will playout well. Recommend a staggered entry for longterm.
Long
by LegitCrypto
2
HAIL HYDRA -LONGHYDRA looks Boring honestly…but EXTREMELY Lucrative. It should continue some sideways action before starting its next cycle. Would be a dream to see a cup pattern emerge but thats just wishful thinking andhas not been verified “YET” MACD Is entering limbo and should start its green stage again. Ichimoku Cloud & SARS point to a directional change. This is my 2 year forcast. It will be a slow crawl but reinvesting your hydra and locking it up can minimize your risk. Not financial Advice and I am a new chartaholic. Good luck All.
Long
by LegitCrypto
2
HYDRA will wake up and explode! Take your positions.The markets are a place where money flows from the impatiente to the patient. Here is why I believe time of reversal has come for HYDRA. - The coin is almost down more than 90% from its all-time high. How much can you expect it to drop? - HYDRA is currently at a very strong support range, which was previously resistance. - HYDRA has formed a year long ascending triangle, which now seems to be broken to the side and not down (as was the trend for more than a year long). - Every drop from a following lower high on the chart of HYDRA has been less severe. Here are the percentages you can see on the chart: -71.86% -67.47% -51.98% -48.72% -36.08% The bears are tired and the turn of the bulls has almost come. - We can see a very clear bullish divergene (yellow line below) on the descending price - In 10 weeks the airdrop will end, which will relieve a big sell pressure on the coin. This will be an extra calayst for the price to increase.
Long
by Crypto_Hagu
1
HYDRA Chain HYDRAUSD towards discovery zoneHydra is fundamentally solid with high staking paid out daily to your KuCoin account. I have a big bag bought at the blue line. This is not a quickie! It’s a long term trade with a yearly 150% staking income paid daily to your KuCoin account. And technically Hydra could be heading to a new ATH too into discovery zone. My long term expectation for HYDRA is 500% gains. Again not a quick trade for profits but a long HODL with daily income. Fundamentally it is a new way to control total supply problem with inflation and deflation mechanism with a network that has few projects already onboard. My confidence is stronger because KuCoin is onboard with this project. if you have a different point of view; fundamentally or technically, feel free to share your thoughts.
Long
by eBlockChain
5