Prices of $HBAR and $UNI Display Enormous Strength - CoinPedia Analytics
As the year-end approaches, market volatility intensifies, favoring both bulls and bears. A notable trend is traders refocusing on fundamentals rather than short-term movements. Hedera (HBAR) and Uniswap (UNI) exemplify this shift, showing promising bullish momentum.
Hedera (HBAR): Path to $1?
HBAR recently surged to highs unseen since 2021, buoyed by November’s rebound and a record influx of buying volume. This rally is further amplified by Hedera’s integration with Chainlink, which strengthens its fundamentals. The price is poised between key Fibonacci levels ($0.44–$0.57) with RSI signaling slight pullbacks before a potential rally to a new ATH near $1 by year-end.
Uniswap (UNI): Targeting 100% Growth
Uniswap, despite retracements, retains a bullish outlook. Though the price recently failed to break pivotal resistances ($18.9–$19.6), a rebound is expected. The token’s weekly Golden Cross hints at a 100% rally to levels above $24, backed by increasing volume and strengthening technicals.
The stage is set for significant movements as fundamentals steer the markets. Stay vigilant!