The article discusses the current price range of the Hedera Hashgraph (HBAR) token and provides reasons why it may see a jump to $1. The HBAR token has remained in a tight range above the 50-day and 200-day moving averages, forming a bullish pennant pattern. The coin is also above a crucial support level and has indicators pointing upwards. If the HBAR token surpasses last year's high, it could potentially reach $0.50 and then $1. The article also highlights several fundamental reasons for the potential uptrend, such as the historical performance of cryptocurrencies in the first quarter, the possibility of SEC approval for a Hedera Hashgraph ETF, and partnerships with major companies. The growing ecosystem and attractive features of Hedera Hashgraph could also attract more developers.
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