{"id":358769,"date":"2022-11-21T03:17:17","date_gmt":"2022-11-21T08:17:17","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=358769"},"modified":"2022-11-21T03:22:52","modified_gmt":"2022-11-21T08:22:52","slug":"uniswap-price-prediction-for-today-21-november-uni-trends-lower","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/uniswap-price-prediction-for-today-21-november-uni-trends-lower","title":{"rendered":"Uniswap Price Prediction for Today, 21 November: UNI Trends Lower"},"content":{"rendered":"

 Bears are trying to penetrate the $5.1 support level<\/h2>\n

Uniswap Price Analysis – November 21<\/h2>\n

The breakdown of the $5.1 support level by the sellers’ pressure, may decrease UNI<\/a> to $4.5, and $3.4 price levels. Should buyers be able to interrupt the sellers at the $5.1 level, the price may increase to the resistance level at $5.7, $6.7, and $7.2 levels.<\/p>\n

UNI\/USD Market<\/h2>\n

Key Levels:<\/h2>\n

Resistance levels: $5.7, $6.7, $7.2<\/p>\n

Support levels: $5.1, $4.5, $3.4<\/p>\n

 <\/p>\n

UNI\/USD Long-term Trend: Bearish<\/h2>\n

Uniswap<\/a> is bearish on the long-term outlook. The crypto reached the resistance level of $7.9 on November 05 which is the target of the “W” chart pattern formed three weeks ago. Sellers could not allow the price to increase above that targeted resistance level. A strong bearish daily candle emerged which decreases the price toward the support level of $4.5. The just-mentioned level was tested and the price bounced up as a retracement for the trending market. At the moment, bearish momentum is restored.<\/p>\n

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Bearish momentum is established as Uniswap is trading below the 9 periods EMA and 21 periods EMA. The fast-moving average (9-periods EMA) is below the slow moving average (21-periods EMA). The breakdown of the $5.1 support level by the sellers’ pressure, may decrease UNI to $4.5, and $3.4 price levels. Should buyers be able to interrupt the sellers at the $5.1 level, the price may increase to the resistance level at $5.7, $6.7, and $7.2 levels. Meanwhile, the Relative Strength Index is bending down at 39 levels which indicates a sell signal.<\/p>\n

 <\/p>\n

UNI\/USD Medium-term Trend: Bearish<\/h2>\n

Uniswap is bearish on the 4-hour chart. Sellers gained more strength at the resistance level of $7.9 and the price decreased. At the same time, the bears’ momentum increased, $6.7 and $5.7 levels were a broken downside.  Sellers are making an attempt to break down the support level of $5.1.<\/p>\n

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Uniswap is trading below the 9-periods EMA and 21-periods EMA, the relative strength index period 14 is at 28 levels bending down to indicate a sell signal. While Uniswap is trending lower Dash 2 Trade is trending higher.<\/p>\n

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The D2T token presale is still live and it has raised $6.5 million at the moment. The collapse of FTX brings about a need for a cutting-edge trading intelligence platform, and that exactly is what Dash 2 Trade<\/a> offers. It is a platform that can adequately detect impending adverse issues similar to what happened to FTX, and thus enabling investors and traders to pinpoint safe opportunities for good profits.<\/p>\n

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