Ethereum

Uniswap

DeFi

Shiba Inu

Gains

<p>Uniswap (UNI) has defied the recent crypto cash, printing gains, while other cryptocurrencies struggle to hold the floor. Market data reflects UNI’s performance in contrast with top digital assets like<a href="http://thenewscrypto.com/bitcoin-news/" target="_blank" rel="noopener noreferrer nofollow"> Bitcoin (BTC)</a>, with the former outperforming the latter.</p>
<p>However, while other assets fail to compete against Uniswap’s UNI, an emerging Ethereum-based DeFi token,<a href="https://rcofinance.com/?utm_source=thenewscrypto&amp;utm_medium=pr&amp;utm_campaign=0620" target="_blank" rel="noopener noreferrer nofollow"> RCO Finance (RCOF)</a>, could benefit from its momemtum.</p>
<p>Read further to learn what RCOF stands to benefit from UNI’s resilience.</p>
<h2 class="wp-block-heading" id="h-uniswap-registers-impressive-price-action-as-market-slumps">Uniswap Registers Impressive Price Action As Market Slumps</h2>
<p>On June 12, UNI staged a rally in a classic upside reversal. The price swung higher for five consecutive days, constantly ending each day above the opening value.&nbsp;</p>
<p>By the fifth day, Uniswap’s UNI had risen 37% even though the general market was significantly down. Price data on TradingView offers a graphical <a href="https://www.tradingview.com/x/V1BlM2yj/" target="_blank" rel="noopener noreferrer nofollow">representation</a> of UNI’s momentum during the indicated period.</p>
<p>Accordingly, the chart <a href="https://www.tradingview.com/x/V1BlM2yj/" target="_blank" rel="noopener noreferrer nofollow">shows</a> that the Uniswap token climbed above the neckline of an inverted neck and shoulders pattern. This figure represents a bull play, which could eventually result in UNI taking additional steps upwards. A zoomed-out view of the chart suggests UNI initiated the recovery uptick on May 15 after bouncing off the support zone planted at $6.73.</p>
<p>Overall, UNI gained 77.8% as it momentarily struck a price ceiling at $11.90. Analysts opined that UNI could attempt an uptrend to $24.00 during the imminent market leg-up, provided it maintains its current upward trajectory. This predicted uptick will see the Uniswap crypto rise 120.1% from its <a href="https://coinmarketcap.com/currencies/uniswap/" target="_blank" rel="noopener noreferrer nofollow">trading</a> price of $10.99.</p>
<h2 class="wp-block-heading" id="h-rco-finance-poised-to-lead-the-ai-narrative-with-its-advanced-machine-learning-technology">RCO Finance Poised To Lead The AI Narrative With Its Advanced Machine Learning Technology</h2>
<p>Uniswap (UNI) is one of many Ethereum-based cryptocurrencies making waves of late. Like Uniswap, RCO Finance (RCOF), an AI-engineered project, is setting the stage for artificial intelligence narrative domination in the decentralized finance sector.&nbsp;</p>
<p>Typically, Ethereum supports the highest-performing projects for each cycle, such as Shiba Inu (SHIB) during the last bull run, causing market players to have high hopes for RCOF.</p>
<p>With its advanced machine learning technology, RCO Finance presents an uncharted opportunity for investors to up their investment game with its robo-advisor feature. Compared to several existing trading platforms that necessitate the active involvement of users, the robo-advisor ensures that their trading demands are met with or without third-party intervention.&nbsp;</p>
<p>It reads real-time market data and curates strategies based on investors’ preferences and risk tolerance while ensuring they get the best ROI possible.</p>
<p>Investors can access up to 12,500 asset classes, including ETFs, derivatives, stock options, and real-world assets. These financial instruments can be swapped with crypto assets, eliminating the need for fiat and KYC. RCO Finance is notably the first of its kind, making it a pacesetter in the <a href="http://thenewscrypto.com/tag/defi/" target="_blank" rel="noopener noreferrer nofollow">DeFi </a>community.</p>
<p>RCO Finance (RCOF) was audited by SolidProof, a well-known blockchain security firm, which presents it as a safe platform to onboard.</p>
<h2 class="wp-block-heading" id="h-"><a href="https://rcofinance.com/?utm_source=thenewscrypto&amp;utm_medium=pr&amp;utm_campaign=0620" rel="noopener noreferrer nofollow"></a></h2>
<h2 class="wp-block-heading" id="h-invest-in-the-most-rewarding-presale-of-the-year-through-rcof">Invest In The Most Rewarding Presale Of The Year Through RCOF</h2>
<p>One of the many benefits of being an early adopter of RCO Finance is the opportunity to onboard RCOF’s presale at its earliest stage. Still in Stage 1, RCOF trades at <a href="https://rcofinance.com/?utm_source=thenewscrypto&amp;utm_medium=pr&amp;utm_campaign=0620" target="_blank" rel="noopener noreferrer nofollow">$0.0127</a> per token, a meager price compared to its projected value upon its exchange listing.&nbsp;</p>
<p>Given its current adoption speed, experts believe RCOF will launch between $0.4 and $0.6 in a few months.</p>
<p>These figures represent more than 3,000% returns on every investment made at its current price, which is way more than UNI can offer. In addition to making money from trading RCOF, the platform inducts holders into its governance programs and rewards them with quarterly dividends and other incentives.&nbsp;</p>
<h3 class="wp-block-heading" id="h-for-more-information-about-the-rco-finance-presale">For more information about the RCO Finance Presale:</h3>
<ul>
 <li><a href="https://rcofinance.com/?utm_source=thenewscrypto&amp;utm_medium=pr&amp;utm_campaign=0620" target="_blank" rel="noopener noreferrer nofollow">Visit RCO Finance Presale</a></li>
 <li><a href="https://linktr.ee/rcofinance" target="_blank" rel="noopener noreferrer nofollow">Join The RCO Finance Community</a></li>
</ul>
<p><strong>Disclaimer</strong>: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.</p>

Uniswap (UNI) Extends Gains As Crypto Market Bleeds, Great News For The Price Of Ethereum Gem?

Table of Contents

TheNewsCrypto

Other articles published on Jun 20, 2024

Advisor Denies Trump’s Involvement in Launching DJT Memecoin

Sparkling the Crypto Space: MoonBag with Tremendous Potential as Top Crypto Presale in 2024, Whil...

Pepe Price Plunges 23%: Will Whales Rescue the Memecoin?

India Fines Binance for AML Violations

Terra Luna Classic Adopts Tax2Gas, Prepares for Burn Tax Hike Amid Community Debate

BREAKING: CFTC Launches Crypto Investigation Into Jump Trading

Join our free newsletter for daily crypto updates!