Uniswap (UNI) Likely To Reach $7 – If Token Overcomes This Resistance Level
Uniswap is not looking good right now. UNI, the governance token of the decentralized exchange platform bearing the same name, must be able to muster enough energy to regain momentum and hit its target. Uniswap’s key support levels are $5.7 and $5.2 UNI price can go as high as $7, with a push for $8 also highly possible An extended bearish run is still possible if breakdown below support marker occurs According to tracking from Coingecko, at press time, the cryptocurrency is trading at $6.20 and is currently down on intraday, weekly and monthly periods. Over the last 24 hours, Uniswap....
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Uniswap was back in the green on Monday, as the token rebounded from two days of consecutive declines. The move saw prices climb towards a resistance level of $6.70, which has been in place since late August. Maker was also in the green, climbing by nearly 5% in today’s session. Uniswap (UNI) Uniswap (UNI) was a notable mover on Monday, as the token rebounded following a string of back-to-back declines. Following a bottom of $6.21 on Sunday, UNI/USD surged to an intraday peak of $6.53 earlier in today’s session. The move saw uniswap move close to a key resistance point of....
Uniswap price displayed almost no movement over the last 24 hours as the coin registered 0.8% downward movement on its chart. UNI was hovering around the $7 price level and was unable to break past its closest price ceiling. If the coin does not manage to move past the resistance level then it could lose its support line. Technical outlook for Uniswap price indicated that could it register further drop on the chart. Move to the above resistance level will be difficult as buyers have exited the market. Increased selling pressure can push Uniswap price to the next support level. Bitcoin....
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Upward trends in price charts bode well for Uniswap. CoinGecko reports that over the past 30 days, the token’s value has increased by 17.6 percent. The currency appreciated by 6.5% in value throughout the course of the week. As of this writing, UNI is still in an uptrend, and there are indications that the bullish momentum will continue, pushing the price of UNI into or over the $7 barrier mark. UNI’s gains are only one example of the several cryptocurrencies that took advantage of the market turmoil caused by the recent CPI report. Is the market getting carried away with its....