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An exciting collaboration propels Hedera to new heights in Africa. A groundbreaking collaboration has ignited a surge in Hedera (HBAR) momentum across Africa. Hedera, in partnership with Dar Blockchain, a prominent WEB3 company based in Tunisia and facilitated by the Hashgraph Association, transforms This strategic alliance marks Hedera’s foray into the African market, with a strategic focus on driving network adoption.
🛠️@The_Hashgraph Association has entered into a partnership with @DarBlockchain to nurture projects, facilitate growth, and shape the MENA #Web3 technology landscape – accelerating #DLT and #Hedera network adoption through a broad range of community and enterprise initiatives.… pic.twitter.com/h4KVTGp4rP
— Hedera (@hedera) October 3, 2023
This collaboration mirrors Hedera’s expanding influence in Africa, building on its earlier successful ventures with Orange in Morocco. By fostering a wide array of projects and bolstering Total Value Locked (TVL), Hedera is geared towards attracting a multitude of investors. Despite a temporary decline in developer activity in September, the notable surge in October resonates with growing investor confidence, indicating a promising trajectory for Hedera’s bullish trend.
Hedera Key Levels To Watch – October 4
After a rapid and algorithmic move to the downside throughout the second quarter of the year, the market’s environment flipped bullish. This occurred as the price invalidated a diagonal resistance with a bullish marubuzu candlestick on June 20, 2022.
The emerging uptrend continued until the $0.07590 resistance was met at an overbought state, according to the Stochastic Oscillator. However, the bulls appear to have returned to the market, as the price recently invalidated a previous high at $0.04800.
Hedera Key Levels
Resistance Levels: $0.05250, $0.06900, $0.07590
Support Levels: $0.04560, $0.04000, $0.03570
Hedera (HBAR) Metrics
Total Market Capitalization: $1.09T
Hedera Market Capitalization: $1.63B
Hedera Volume: $41M
Market Rank: #30
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