Blockchain

Crypto Price Prediction: Hedera (HBAR), Oasis (ROSE), Vibrate


Cryptocurrency prices had a mixed week amid elevated risks. Bitcoin price declined to a low of $21,820, the lowest level since January 20. AI coins such as SingularityDAO, Fetch.ai, and Ocean Protocol rose and then fell. The decline was also in line with US stocks including the Dow Jones and Nasdaq 100 indexes. Here are the top crypto price predictions for some of the top coins such as Hedera Hashgraph, Vibrate (VIB), and Oasis Network (ROSE).

Hedera Hashgraph Price Prediction | HBAR

Hedera Hashgraph price has been in a strong bullish trend over the past few days. HBAR price has formed an ascending channel shown in blue. The coin is trading slightly below the upper side of this ascending channel. This is coming at the bottom of Andrews Pitchfork Tool. Furthermore, the coin has moved above the 23.6% Fibonacci retracement level.

HBAR price has moved above the 25-period and 50-period exponential moving averages. Meanwhile, the Relative Strength Index (RSI) and the MACD are continuing to rise. Therefore, Hedera has room for more upside as the buyers are targeting the upper side of the channel at $0.0803, which is a few points above the current levels.

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Oasis Networks Price Prediction | Rose

Oasis Network is a leading smart contract platform that makes it possible for developers to build dApps. Some of the top DApps built into the network are Genish, Covalent, and Metamirror. ROSE price made a strong recovery this week, leading it to a multi-month high of $0.076. On the 4H chart, Oasis Network price declined below the 23.6% and 38.6% Fibonacci retracement levels.

ROSE has moved below the 25-period and 50-period moving averages. It declined below the key support level at $0.060, which was the highest point on 28 January. Therefore, the outlook for the coin is bearish, with the next key level to be seen at $0.055, which is ~10% downside from the current levels.

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Vibration Price Forecast | Vib

Viberate, the music-focused blockchain project, has been doing well in the past few days. VIB crypto price reached an all-time high of $0.148, which is almost 130% higher than the low point of December. The coin rose above the key resistance point of $0.1127, which was the highest point on January 23. It has bounced above all the moving averages.

The Relative Strength Index (RSI) has moved above the overbought level. Therefore, the coin could resume the downtrend and retest the key support level at $0.10. A move above the key resistance point at $0.13 would invalidate the bearish view.

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