Swiss wealth manager 21Shares has introduced four new crypto exchange-traded products in Europe, broadening its range of digital asset investment options. 

The latest additions focus on AI and decentralized computing projects Pyth Network, Ondo, Render, and NEAR Protocol. 

The asset manager is seeing an increased demand from institutional investors for next-gen decentralized technologies. The four tokens represent the firm’s extended entry into four distinct sectors: price oracles, asset tokenization, decentralized computing, and AI. 

According to the announcement, investors in the NEAR ETP will be able to reinvest staking rewards directly into the product. NEAR’s proof-of-stake blockchain model supports network security through token staking, which generates yields for participants. 

The new ETPs will be available for trading on exchanges in cities like Amsterdam and Paris. The firm has been constantly improving its crypto ETP offerings throughout Europe. 

Earlier this week, 21Shares upgraded its Ethereum Core ETP to include staking capabilities. The product now operates under the name Ethereum Core Staking ETP and trades with the ticker ETHC.

“The 21Shares NEAR Protocol Staking ETP offers investors a regulated and transparent way to gain exposure to one of the most scalable smart-contract platforms, designed to simplify the complexity of crypto infrastructure while pushing the boundaries of decentralized AI integration,” the firm wrote on its press release. 

This enhanced version offers investors the opportunity to earn staking rewards while maintaining exposure to Ethereum. It is listed on leading European exchanges, including the SIX Swiss Exchange, Deutsche Börse Xetra, and Euronext Amsterdam.

Increasing Activity in the Crypto ETP Market

21ShareThe crypto ETP market is experiencing a surge in activity. Bitwise recently rebranded its XRP ETP to “Bitwise Physical XRP ETP (GXRP)” following Ripple’s strategic investment. This product provides secure, physically backed XRP exposure for European investors. 

Also, Bitwise launched its Aptos Staking ETP on the SIX Swiss Exchange, offering regulated access to Aptos staking in Europe.

Meanwhile, WisdomTree introduced an XRP-backed ETP across Germany, Switzerland, France, and the Netherlands. This product aims to attract investors with low-cost exposure to XRP’s spot price. 

WisdomTree also filed for an XRP ETF in the US earlier this week. Trump’s re-election and the resignation of SEC chain Gary Gensler have renewed optimism about Ripple’s cryptocurrency. 

Uniswap (UNI) price has surged roughly 15% in the last 24 hours, fueled by strong bullish momentum. The RSI has climbed to 67, indicating UNI is approaching overbought territory but still has room for further gains before a potential correction.

If the uptrend continues, UNI could test resistance at $13.3 and $14.8, with a potential push to $17, but a reversal could see it retest supports at $12 or drop to $8.59.

UNI RSI Isn’t Overbought Yet

Uniswap RSI surged from 50 to 67 in just one day, reflecting a strong increase in bullish momentum. The RSI, or Relative Strength Index, measures the speed and magnitude of price movements on a scale of 0 to 100.

Values above 70 indicate overbought conditions and a potential for a correction, while values below 30 suggest oversold conditions and possible recovery. The current RSI of 67 suggests UNI is approaching overbought territory but still has room for further gains.

Given the recent momentum, UNI price could continue climbing until the RSI surpasses 70, signaling stronger bullish sentiment in the short term.

Historically, coins often experience corrections after entering overbought zones. Still, with the RSI not yet there, the surge may have more room to run, as it happened at the beginning of November.

Uniswap BBTrend Is Very Positive

UNI BBTrend is currently at 16.5, remaining positive since November 24 after briefly turning negative between November 23 and November 24. The BBTrend, or Bollinger Bands Trend, measures the strength and direction of price movements relative to the Bollinger Bands.

Positive values indicate upward momentum, while negative values reflect downward pressure. The positive BBTrend signals that Uniswap is currently in a bullish phase.

Although UNI’s BBTrend is still high at 16.5, it has declined slightly from 18 yesterday, suggesting a slight weakening of bullish momentum.

This drop indicates that while the uptrend is intact, the strength of the current rally may not be as strong as before. If the BBTrend continues to decline, it could signal an upcoming consolidation or correction in UNI’s price.

UNI Price Prediction: Can It Reach $17 In November?

If Uniswap price strong uptrend continues, the price is likely to test resistances at $13.3 and $14.8 in the near term. Breaking through these levels could push UNI price as high as $17, marking its highest price since March and representing a potential 36% gain.

However, if the uptrend reverses, UNI price could face a retest of key supports at $12 and $10.4. Should these levels fail to hold, the price might drop further to $8.59, marking a substantial 31% correction.

Hedera’s (HBAR) price has surged 182.56% in the last 30 days, but recent indicators suggest that its uptrend is losing momentum. The ADX has dropped sharply, signaling a significant weakening in trend strength despite the uptrend still being intact.

The Ichimoku Cloud and EMA lines also indicate potential risks, with HBAR nearing critical support levels and a possible death cross forming.

HBAR Uptrend Is Quickly Losing Its Steam

Hedera ADX has dropped to 26.2 from over 60 just three days ago, signaling a significant decline in trend strength. The ADX, or Average Directional Index, measures the strength of a trend, regardless of direction, on a scale from 0 to 100. Values above 25 indicate a strong trend, while values below 20 suggest a weak or no trend.

The sharp decrease reflects that while HBAR remains in an uptrend, its momentum has significantly weakened.

With the ADX hovering just above 25, HBAR current uptrend is still intact but far less strong than it was at higher ADX levels. This suggests a potential consolidation phase as bullish momentum slows. For the uptrend to regain strength, the ADX would need to rise again, supported by increased buying pressure.

However, if the ADX continues to decline, it may signal a further weakening of the trend, increasing the risk of a reversal.

Ichimoku Cloud Shows The Trend is Reverting

The Ichimoku Cloud chart for Hedera shows the price currently sitting near the Kijun-Sen (orange line) and Tenkan-Sen (blue line), indicating a consolidation phase after its recent rally.

The price is not above the cloud anymore, suggesting the trend could reverse soon.

If HBAR holds above the Kijun-Sen and bounces back, it could resume its uptrend, confirming the bullish sentiment.

Conversely, if the price continues dipping below the cloud, it could signal a trend reversal, with increased selling pressure potentially driving further declines.

HBAR Price Prediction: A Downtrend Could Bring A Strong Correction

Hedera EMA lines indicate that the current uptrend may soon reverse, as the shortest EMA line is nearing a crossover below the longer-term line.

This formation, known as a death cross, is a strong bearish signal and could trigger increased selling pressure. If the death cross materializes, Hedera price is likely to test support at $0.117, and if this level fails, the price could drop further to $0.052.

On the other hand, if HBAR price regains its bullish momentum and avoids the death cross, it could test key resistances at $0.158 and $0.17. Breaking through these levels would likely push the price toward $0.2, representing a 48% potential upside.