Uniswap

<ul><li>Uniswap dominates on social media platforms.</li><li>However, analysis shows UNI is on a bearish trend.</li><li>Indicators show the bearish trend might continue in the short term.</li></ul>As the bulls struggle to restore market momentum, <a href="https://coinedition.com/uniswap-uni-price-prediction/" rel="noopener noreferrer nofollow">Uniswap’s price</a> research indicates a continuation of the bearish trend. Currently trading below the $5.2 support level, the price appears susceptible to further declines if this level is unable to hold. The technical indicators for UNI are likewise bearish, showing that sellers are more inclined than buyers in the near future.<a href="https://coinedition.com/tag/uniswap-uni/" rel="noopener noreferrer nofollow">Uniswap</a> began the daily trading session at an intraday low of $5.13 according to the price analysis of the daily chart, and it has since drifted sideways, establishing a descending triangle pattern. The price is moving within the 200 and 100 SMA curves, which shows that the long-term trend is bearish. Additionally, the MACD histogram is currently located below the zero line and suggests a rise in selling pressure.<a href="https://coinedition.com/uniswap-bearish-trend-continues-despite-social-media-trendiness/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

Uniswap Bearish Trend Continues Despite Social Media Trendiness

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