Uniswap price is down by 11% on Monday's trading session. The price is above the SMA of $18.11, investors may expect the price to progress towards the next support of $20.0. All technical indicators suggest a sell signal in the coin.
Uniswap (UNI) showcased a bullish rally and formed a bullish engulfing candle. However, the volume is continuously decreasing over the weekly chart. Support on lower levels is situated at $22 and $18, while the resistance on the higher side is placed around $29 and $32. Presently UNI is trading above all moving averages of 20, 50 and 100, which indicates its...