Category: UniSwap Technical Analysis

UniSwap Technical Analysis: UNI Hunts For A Bottom As $2.5 Beckons

UniSwap bleeds profusely after rejection from $3.6. Initial support is embraced at $3, but UNI/USD looks primed for losses eying $2.5. UNI, the official token of the decentralized finance (DeFi) platform UniSwap, has lost over 13% of its value in the last 24 hours. The downswing came into the picture following a barrier encountered at […]

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UniSwap Technical Analysis: UNI Soars 14% But Is The Trend Sustainable?

UniSwap bounces off support at $2.4, bringing hope to investors that recovery is imminent. UNI/USD hit a barrier at $3.4, throwing bulls out of balance but the RSI suggests that the uptrend could continue. UniSwap dropped significantly following its launch in September. The cryptocurrency found it difficult to sustain the uptrend amid decreasing volume and […]

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UniSwap Price Forecast: UNI Awaits Ultimate Liftoff To $5

UniSwap looks forward to a descending wedge pattern breakout to $5.00. UNI/USD is holding above the 21 SMA while the upside is capped under the 50 SMA. UniSwap has been on a downward roll since September after its bullish scenario was cut short by resistance at $5.60. The price has continued to narrow within the […]

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