Hathor - The ‘Crypto Gem’ That Shines Back!

 Hathor, has its own blockchain ecosystem in line with the Ethereum, Polkadot, Cardano, EOS and other networks.

At the opening of the September market, Hathor showed a good reputation beyond the $ 1 resistance level has attracted the attention of investors.

As a result, Hathor saw more than 30% jump to reach the latest high of $ 1.09 ending yesterday's trading session.

The HTR surge was also driven by the posting of ETH’s ‘wrap’ demo using Hathorswap on its developer’s youtube site HTRFDT, signaling the app will be launched soon.

$ hETH VAULT DEMO below $ HTR 👇🔥🔥🔥

Discover how minting/melting $ hETH will work on the #Hathorswap and #HathorClub platforms. ⚒️⚡️

Live demo: https://t.co/A8zH6PYAK1#BuildOnHathor

- htr/fdt (@htrfdt) September 2, 2021

This project is one of many projects built on the Hathor network, as a way of expanding its usefulness.

HathorSwap is a Decentralized Exchange (DEX) built by a third party company called HTRFDT based in Canada.

It is built on top of the Hathor blockchain intended as a cross chain of token exchange from another blockchain to the Hathor blockchain, for example you can use your ETH in the Hathor blockchain by ‘wrapping’ the ETH through the Hathorswap function.

Interesting if seen on the current movement chart of the HTR/USDT price.

When the HTR analysis article was released in May, HTR was trading at the $ 0.39 price level, consistently HTR had made over 350% jumps ending yesterday’s trading session.

From a technical point of view, the HTR price movement is currently seen in a positive state and is hovering below the $ 1.05 resistance zone.

For further expectations, if the HTR remains positive, the $ 1.05 resistance zone will be tested first before continuing higher.

However, if the HTR returns to show a bearish pattern, the price movement will test the $ 0.95 RBS (resistance become support) zone to either make a rebound or continue the decline to a lower level.

At the time of writing, HTR is trading around $ 1.03 up over 8% in the last 24 hours. Coins are currently ranked 286th in the crypto market.

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