Uniswap Price Falls Below $9 After It Met With A Sell-Off, What’s Next?

Uniswap Price Falls Below $9 After It Met With A Sell-Off, What’s Next?

Uniswap price at the current moment has displayed a downward movement on its chart. The coin lost the $9 price mark and was moving closer to its local support level. Over the last 24 hours, UNI depreciated considerably by 6%. Most gains that UNI logged were lost over the past week. The technical indicator for UNI has depicted mixed trading signals. The buyers in the market have left owing to the recent fall in price. For Uniswap price to pick up momentum, buying strength and demand for the coin remain quite crucial. As selling pressure mounted, UNI started to flash bearish price signals on....


Related News

UniSwap (UNI) Rebounds 56% in Latest Sign of Bottoming Out; What’s Next?

UniSwap’s native token UNI showed signs of bottoming out as its price rebounded by almost 56 percent in the previous 24 hours of trading. The UNI/USD exchange rate surged from near $1.75 to as high as $2.74 in the said period. Nevertheless, the pair failed to hold the top for long amid growing profit-taking sentiment […]

Ethereum Drops Below $950 On Uniswap Overnight – Here’s Why

Ethereum Key Takeaways: – ETH prices have plummeted below $1300 – Selling pressure intensifies, which triggers the decline. – Dire price forecasts for ETH Having lost about 20 percent of its value over the past 24 hours and hovering around $1,200 on Monday morning, many crypto investors and market observers are prepared for a massive Ether decline back into the triple digits. On the decentralized exchange Uniswap, however, it occurred late Sunday night, albeit momentarily, as ETH retreated below the spot price, relative to other exchanges, to $950. The duration of the....

Uniswap Price Continues Bearish Spell, Can It Move Past $6?

Uniswap price is consistently travelling southward on the one-day chart. UNI’s bulls have not been able to break past its immediate support, causing traders to lose confidence. Over the last 24 hours, Uniswap lost 4% of its value. In the past week, UNI surged 4% on the one-day chart. The technical outlook of UNI remained mixed with some signals pointing toward the bears taking over the market. The coin’s current support zone was between $5.60 and $5.00, respectively. The bulls have constantly attempted to break past the $5.94 level. This has caused buyers to leave the market as....

Uniswap (UNI) Leads Gains Among Top Coins

Uniswap (UNI) has led growth and gains among other top coins in the last 7 days. The price has been moving northward in the past week, with other top coins following suit. From the technicality outlook, the coin’s current support zone has been between 6.25 and 6.35, respectively. As of writing, CoinMarketCap has shown the token trading at $6.35, enjoying a 12.07% weekly gain in value.  Related Reading: Bitcoin 30-Day Long-Term Holder SOPR Is Yet To Hit Bottom Values The digital asset is one of the leading gainers as it has been able to break past its $6.00 support level. While it slipped....

Uniswap Token (UNI) Forms Rounded Bottom, Can Price Hit $7.5?

UNI price creates more bullish sentiment as price forms rounded bottom below key resistance as price aims to break above. UNI closes the week with two bullish candlesticks.  The price of UNI breaks and holds above 8 and 20 EMA. Uniswap token (UNI) has had a rough start to the year and has failed to hold key support as the price of Uniswap token (UNI) had a spiral from a high of $45 to the current price of $6.5 as price aims to break out from its long downtrend movement. The price of UNI has struggled to keep up with Bitcoin’s (BTC) range movement as this has affected most altcoins,....