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The Uniswap price prediction shows that UNI is facing an uptrend as the coin aims to cross above the upper boundary of the channel.
Uniswap Prediction Statistics Data:
- Uniswap price now – $7.74
- Uniswap market cap – $4.5 billion
- Uniswap circulating supply – 598.1 million
- Uniswap total supply – 1 billion
- Uniswap Coinmarketcap ranking – #20
UNI/USD Market
Key levels:
Resistance Levels: $9.0, $9.5, $10.0
Support Levels: $6.0, $5.5, $5.0
UNI/USD heads to the upside as the price hovers around the resistance level of $7.74 from the opening price of $7.24. However, a daily close above the upper boundary of the channel may increase the Uniswap price to $8.5. Meanwhile, traders should note that a consistent price increase could bring more buyers into the market if the bulls increase their positions.
Uniswap Price Prediction: UNI Price May Break Higher
Since the past few days, the Uniswap price has been following the upward movement, the bulls could push the coin to a touch resistance level of $8.5 if crosses above the channel. Additionally, the daily chart reveals that if the 9-day moving average remains above the 21-day moving average, it will push the coin to the upside.
Nevertheless, bears may take advantage of the coin sliding below the moving averages. However, if the Uniswap price crosses above the upper boundary of the channel, it could hit the resistance levels of $9.0, $9.5, and $10.0, but facing the south may bring the price down to the supports at $6.0, $5.5, and $5.0.
UNI/BTC Pumps 9.43%
Against Bitcoin, the Uniswap price is moving to cross above the upper boundary of the channel. However, intraday trading is bullish as the coin moves bullishly which could reach the resistance level at 2100 SAT and above.
On the contrary, if the sellers bring the market toward the lower boundary of the channel, any bearish cross below this barrier may cause this coin to hit the support at 1400 SAT and below. Meanwhile, the 9-day moving average crosses above the 21-day moving average, suggesting bullish movement.
Uniswap Alternatives
The price of Uniswap is showing signs of a new uptrend, surpassing both the 9-day and 21-day moving averages. Based on current indicators, the cryptocurrency could gain further momentum if it breaches the upper boundary of the channel. Therefore, traders are advised to monitor this coin closely.
However, while the Uniswap boasts a substantial $4.5 billion market cap, its huge size might hinder it from creating a substantial market impact. Conversely, the recently launched $BTCMTX token, currently gathering a commendable $6.5 million during its presale phase, shines brightly due to its more modest market cap. Hence, investors are urged to delve into the inventive attributes of $BTCMTX, recognizing it as a promising avenue for significant growth prospects within the cryptocurrency realm.
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