Hedera (HBAR) Price Eyes At a New ATH at $1

Hedera price triggered a massive upswing after rebounding from the November lows; HBAR price surged and achieved levels not seen since December 2021. With this recovery, the market participants became confident of the upcoming price action as the platform witnessed a huge influx of buying volume that it had never witnessed ever in history. This seems to have triggered a strong bullish case for the HBAR price, which is believed to mark new highs before the end of the year and eventually reach $1 or levels just above, marking the peak for the ongoing bull run.

The latest integration of Hedera & Chainlink seems to have fueled the rally, which is about to enter a fresh bullish range. The price is stuck between 0.786 & 1 FIB levels between $0.44 and $0.571. As the RSI has displayed a bearish divergence from the overbought zone, a small pullback in the price is expected, which has begun and reached levels below $0.25. However, if the RSI hovers within the upper zone, the bullish momentum could be held, which may revamp a strong rise towards the ATH at $0.571 before the end of the year. $HBAR