Uniswap

Resistance

ERC20

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Uniswap stock price is currently trading at $6.249 with a drop of 0.05% in the last 24 hours.</a> </li> 
 <li> <span>2</span> <a>The market capitalization is $3.609 Billion.</a> </li> 
 <li> <span>3</span> <a>UNIUSD changed its trend to bullish. Bulls supporting the UNI.</a> </li> 
</ul> 
<p>Uniswap is a big giant in the decentralized exchange world. UNI Protocol gives liquidity and trading for ERC20 tokens on Ethereum. Its token is UNI has community ownership and active stewardship of the protocol by governance.</p> 
<p>Uniswap on Thursday, August 10, opened at the price of $6.249 then take a high of $6.329 and a low of $6.201. However, the price closed at $6.264 with a drop of 0.16%. UNIUSD 24 hours volume is 261.171K.</p> 
<p>Crypto has had a good year so far. In the last 1 month, it gave a positive return of 19.34% and 1.66% in the last seven days. Year-to-date, it gave negative returns of 21.16% and in the span of 3 months, it gave 23.17%.</p> 
<h2 class="wp-block-heading" id="strong-technical-analysis-of-uniswap-stock-price-in-1-d-timeframe-strong"><strong>Technical Analysis of Uniswap Stock Price in 1-D Timeframe</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh3.googleusercontent.com/4IjmjutWuZz6KHrEc4I47dqvvfNeIU2C6aEzFwZv6cg49nJapYrBLQzJL8NzvhdkNg0BzSnX3Pvq8IbmjJCepE8wFtqyW2iffzkH4pw6ooZW7t2eo8OEXtsieNnr3Q0KjK8A5M4LoxEnwshflr-8ifg" alt="Uniswap Stock Price Prediction: Will UNI Rebound In 2023?"> 
  <figcaption class="wp-element-caption">
    Source: Uniswap.1D.NYSE by TradingView 
  </figcaption> 
 </figure> 
</div> 
<p>Uniswap (NYSE: UNI) is rising slowly and steadily. Currently, UNI stock is trading at $6.24 and has been trying to hold on to this level with upward momentum in price.</p> 
<p>If it can sustain at this level, the Uniswap price could continue to go up and reach new targets. However, if the UNI price cannot maintain this level and falls, then it might hit the closest support or lower levels.</p> 
<p>Currently, Uniswap stock (NYSE: UNI) is trading above the 50 and 200-day SMAs simple moving averages, which are supporting the price momentum.&nbsp;</p> 
<p>However, if buying volume adds up, then the price might support bullish momentum by making higher highs and make new highs. Hence, the Uniswap price is expected to move upward giving bullish views over the daily time frame chart.</p> 
<p>The current value of RSI is 57.23 points. The 14 SMA is above the median line at 58.46 points which indicates that the Uniswap stock is bullish.</p> 
<p>The MACD line at 0.121 and the signal line at 0.154 are above the zero line. A bearish crossover is observed in the MACD indicator which signals weakness in the momentum of the UNI stock price.</p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p><a href="https://www.thecoinrepublic.com/2023/07/27/uniswap-price-prediction-2023-will-uni-reward-in-long-run/" target="_blank" rel="noopener noreferrer nofollow">Uniswap (NYSE: UNI)</a> is rising from its lower levels. UNIUSD technical oscillators support the upward trend. The MACD, RSI, and EMA are emphasizing positive signs and imply that the uptrend may continue in the UNI stock price. Price action suggests that investors and traders are bullish on the 1-Day time frame. The price action reflects a bullish perspective at the moment.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li><strong>Support Levels:</strong> Nearest support level is $5.739.</li> 
 <li><strong>Resistance levels:</strong> Nearest resistance level is $6.700.</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The analysis provided in this article is for informational and educational purposes only. Do not rely on this information as financial, investment, or trading advice. Investing and trading in stock involves risk. Please assess your situation and risk tolerance before making any investment decisions.</p>

Uniswap Stock Price Prediction: Will UNI Rebound In 2023?

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Thecoinrepublic.com

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