Uniswap Price Prediction for Today, May 5: UNI/USD Swings Above $5.20 Resistance ByAzeez MustaphaPRO INVESTOR Updated: 05 May 2023 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage The Uniswap price prediction shows that UNI is beginning to restart the uptrend after touching the daily low of $5.2. Uniswap Prediction Statistics Data: Uniswap price now – $5.55 Uniswap market cap – $3.1 million Uniswap circulating supply – 577.5 million Uniswap total supply – 1 billion Uniswap Coinmarketcap ranking – #22 UNI/USD Market Key levels: Resistance Levels: $6.50, $7.00, $7.50 Support Levels: $4.50, $4.00, $3.50 UNIUSD – Daily Chart UNI/USD heads to the upside as the price hovers around the resistance level of $5.55 from the low of $5.24. However, a daily close above the 21-day moving average may increase the Uniswap price to $6.00. 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: Price May Begin to Break Higher In the past few days, the Uniswap price has been following the downward movement, but the bulls resumed the market and begin to push the coin to a touch resistance level of $6.00. Moreover, the daily chart reveals that if the 9-day moving average crosses above the 21-day moving average, it will push the coin to the upside. Meanwhile, bears may take advantage of the coin slides below the 9-day moving average. However, the technical indicator Relative Strength Index (14) is likely to cross above the 60-level. Moreover, if the Uniswap price crosses above the moving averages, it could cross above the upper boundary of the channel to hit the resistance levels of $6.50, $7.00, and $7.50, but facing the south may bring the price down to the supports at $4.50, $4.00, and $3.50. Against Bitcoin, the Uniswap price is moving to cross above the 9-day moving average. However, intraday trading is bullish as the coin moves bullishly which could reach the resistance level at 1500 SAT and above. UNIBTC – Daily Chart 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 1500 SAT and below. Meanwhile, the technical indicator Relative Strength Index (14) is likely to cross above the 40-level, suggesting bullish movement. Alternatives to Uniswap The Uniswap price is likely to trend to the upside and it will have to stay above the 9-day and 21-day moving averages in other to guide against the downward pressure. However, if the bulls increase the buying pressure, the coin could touch the resistance level of $6.50. On that note, Love Hate Inu (LHINU) is a meme token that offers real utility in a voting system based on blockchain technology, it is a secure and transparent platform for voting on issues that matter. Therefore, users can stake to vote as the voting process is both verifiable and anonymous. However, since the launching of the presale, the token has raised almost $14m so far. Love Hate Inu - Newest Meme Coin Rating Decentralized Polling - Vote to Earn Doxxed Team - CEO Carl Dawkins Featured in Yahoo Finance, Bitcoinist Mint Memes of Survey Results as NFTs OKX Listing May 19 Learn More Join Our Telegram channel to stay up to date on breaking news coverage