HBAR price action signals potential downside while Hedera gains traction through a new AI integration with Nvidia.

Nvidia has integrated Hedera Hashgraph into its AI ecosystem to enhance data integrity and sustainability in intelligent systems.

The price of HBAR has dropped in recent trades, testing the support of the 50-day EMA. At the same time, the RSI has also dropped, signaling that the strength of the bulls may be waning.

If HBAR fails to hold above the 50-day EMA, it could continue to fall and reach the next support level at the 100-day EMA. However, if HBAR manages to rise above the 200-day EMA, it could continue to rally and reach the next resistance level at the 38.2 Fibonacci retracement level.

Overall, the technical indicators suggest that the HBAR price could continue to fall in the short term. However, the long-term trend of the HBAR price is still bullish.

Nvidia and Hedera have partnered to integrate Hedera Hashgraph into Nvidia’s AI ecosystem. The partnership aims to enhance data integrity and sustainability in intelligent systems.

Nvidia’s Regional VP of Engineering, Anthony Rong, announced the integration, highlighting the focus on securing AI-generated data using Hedera’s public ledger.

This integration will enable seamless tracing and verification of data sources, reducing vulnerabilities linked to misinformation and potential flaws in algorithms.

The collaboration also marks a convergence of strengths, with Hedera’s network known for its high-speed processing and energy efficiency, aligning with Nvidia’s goal of sustainable high-performance computing.

Together, the companies are laying the groundwork for ethical AI, prioritizing transparency, trust, and minimal environmental footprint.output: The initiative marks a significant step in advancing decentralized and responsible AI technologies for the future.