Hedera’s HBAR Rockets 144%? NVIDIA & Intel’s AI Breakthrough Revealed!

• HBAR targets $0.200, with potential for a 144% rally if it breaks key resistance. RSI indicates a possible pullback, while MACD shows mixed signals.
• NVIDIA and Intel are building an AI governance solution on Hedera, using its consensus service for immutable AI computation ledgers.
• AUDD Stablecoin and RWA_xyz plan integrations with HBAR, expanding its use in the multi-trillion-dollar stablecoin and RWA tokenization markets.

After a two-week high, Hedera’s (HBAR) price target remains at around $0.504 level. If the momentum continues, the token could potentially soar to over a 144% rally. A clean break above the key hurdle opens up the $0.962 areas.

At press time, $HBAR continues to be in a consolidation phase with a recent uptrend. The hour-old chart shows RSI at near overbought conditions, suggesting a potential price correction or pullback is on the horizon.  On the other hand, the MACD depicts a bullish momentum with a recent bearish crossover. With a neutral to slightly bullish outlook, traders should keep an eye out for a potential pullback.

Hedera's HBAR Rockets 144%? NVIDIA & Intel's AI Breakthrough Revealed! 3

HBAR is among several “Made-in-USA” coins that are seeing a surge in social activity as the crypto market pumps. Beyond price and the broader market conditions, Hedera use cases and institutional partners cannot be ignored.

NVIDIA and Intel, in collaboration with EQTYLab, are set to build the most powerful AI Governance Solution on the proof-of-stake network. As per the official post, Verifiable Compute is the world’s 1st hardware-based solution to audit & govern AI workflows, leveraging Hedera Consensus Service to create an immutable ledger of AI computations for compatible NVIDIA GPUs & Intel CPUs.

Hedera Gains Traction: AUDD Stablecoin & RWA_xyz Integration Announced

In the latest community podcast, Effie Dimitropolous, CEO of $AUDD Stablecoin, announced that it’ll be launching on HBAR (as well as other chains) by April 1. This is a crucial development as stablecoins have a multi-trillion-dollar annual market.

Additionally, RWA_xyz, a platform and analytics firm focused on tokenized RWAs, is also planning to integrate HBAR into its real-world asset tokenization protocol. The platform currently has partnerships with $XRP, Chainlink, a16z, $ONDO, and many more.

Overall, all these partnerships enhance Hedera’s credibility and future potential, possibly driving HBAR to new highs as adoption scales. The short-term price impact is muted by these structural and market dynamics.