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UNISWAP prices are falling on the daily chart after being rejected by the upper channel line at $6.5. UNISWAP, like bitcoin, is now selling for less than $6.50 per US dollar. If the UNI price breaches the $6.00 support level, it may begin to fall.Market volatility is increasing, according to<a href="https://www.coingabbar.com/en/crypto-currency/uniswap-uni-prices-usd" rel="noopener noreferrer nofollow"> Uniswap price analysis</a>, making Uniswap prices sensitive to high volatility on either side. The Bollinger band’s upper limit is $6.45, which is the most strong resistance for UNI. The Bollinger band’s bottom limitation, on the other hand, is present at $5.75, which acts as a source of support for UNISWAP.The previous day, UNI/USD traded sideways, rising from $5.95 to $6.20. However, the coin is above the channel line, indicating a strong downward trend; the current UNI price is $6.20. With a trading volume of $121,786,413 and a current market cap of $6,177,091,147, Uniswap has gained by 1% in the previous 24 hours. In the cryptocurrency rankings, UNI is placed 19th.The UNI/USD price looks to have crossed below the Moving Average’s curve, indicating a bearish trend. The price path is a downward movement attempting to break the market’s support, which will result in a reversal if successful.Finally, Uniswap pricing analysis concludes that, despite the bulls’ attempts to reclaim power, the bears currently control the market. The RSI will most probably go below the depreciation zone, suggesting a trend reversal. The UNI/USD exchange rate might rise in the next few days. In recent days, cryptocurrency has been on a downward trend. Finally, the data and analysis from the charts give us some hope that the cryptocurrency’s value will rise.KEY LEVELS :RESISTANCE LEVEL : $6.70-$7.40SUPPORT LEVEL : $5.90-$5.20Get more crypto related updates on ;-<a href="https://www.coingabbar.com/en/crypto-news-english" rel="noopener noreferrer nofollow"> https://www.coingabbar.com/en/crypto-news-english</a>

Cryptocurrency price update: UNISWAP PRICE ANALYSIS : Bears are heavy on bulls as facing resistance

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