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!
HYDRAUSDT
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.
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.
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 long long. Patience is a virtue!I Expect Bulls to take over soon. Decreasing Trend is almost over and prices have never been on sale this much. Should attract more sensible, long term investors. I expect an explosion in the next week based on my Favorite Indicators. Stock RSI is pegged down, MacD on 1D Chart is low and should be turning soon. Good luck. This should explode
HYDRAUSDT LONG IN KUCOIN /R with first target is about = 1.3 !!!
but you need money management in this trade because of my stoploss price !!!
you can set a "buy stop limit" order on the trigger price !!!
after that sell 50% of your position on tp1 and upgrade your stoploss to your trigger price and wait for tp2 or more ... it means : risk free !!!!
just like and folowfor more ... 8D
HYDRA breakout towards $50Well hello HYDRA!
A low/mid size cap jewel that maintained its stability during BTC volatility... and here HYDRA is breaking out of the triangle. Measuring the Triangle height, we are heading towards $50. But then what? A new ATH or a retest for the support before going further.
Staked for 120% APY on KuCoin and keeps my portfolio healthy while rewarding me daily with funds to buy accumulate new coins for free.
Anybody here holding HYDRA too?
Hydra Chain HYDRA/USDT discovery modeHydra is a midsize market cap 120M new Alt that has been trading since January with a circulation supply of 3M. While it made almost 3000% from it’s ATL $1.39, I joined the party much later few weeks back before the V dip as shown above with my blue line.
Hydra touched bounced off the 50D EMA and here we are heading towards discovery zone above $50. The fundamental strengths of the project:
* Solving the “Total Supply Problem”
* Global Node Distribution
* Powerful Staking Economy
* Shared Economy Benefiting all Stakeholders currently staking APY 156.04 % on KuCoin
* Fixed Transaction Fees & 100% Burn
* High Scalability, Smart Contract Compatibility and Democratic Governance
Is HYDRA destined to a 1B Market Cap one day?