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Uniswap / WBTC

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How was The Performance Of Uniswap In 2024? The Uniswap had a great start in 2024, as from mid-October 2023, the UNI price flew more than 350%, from $3.70 to $17.10 by March 6th, 2024. At the peak, the UNI price gains were not stable, and the price fell to form a support at a high volume-based profile support of around $11.08, by March 2024. After sustaining the level for a while near $11.08, the UNI price showcased a breakdown of a bearish flag pattern by April 9th, 2024, in correlation with the market leaders' activity (BTC). The intense fall of UNI's price formed the support by sustenance displayed at $6.86 by April 13th. On this level, the price consolidated in a narrow range, which later gave a breakout from a bullish pattern, precisely the descending triangle pattern. The breakout from the descending triangle was displayed after the price of UNI pierced the upper border on May 18th, 2024. The breakout was strong, which displayed a more than 70% surge up to $11.85 by May 26th, 2024. However, the UNI's strength was not enough to pierce the high volume level of $11.85, where the resistance posed a threat to its ascent. Thereon, the buyers tried multiple times to break above $11.85, which showed another upward wedge on the chart, which drew a breakdown from June 18th, 2024, onwards. Thus, the breakdown of the channel took the price back to $6.85 by July 5th, 2024. The decline once again led the price to the historical-critical support zone, where massive spikes were earlier displayed on the daily chart.
BITFINEX:UNIUSDLong
by Yash_Jain_1309
hen it could approach the VPThe Uniswap had a great start in January 2024 and flew more than 200%, from $5.50 to $17.00 By March 6th, 2024. But the gains were unstable and fell to form a support at a high volume level VP at $11.08. After sustaining the level for a while above VP $10.25, the UNI price gave a breakdown of a bearish flag pattern in correlation with the BTC dip on April 9th, 2024. The UNI price fell and formed support at $6.86 by April 13th, consolidated for some days, and then gave a breakout from a descending triangle pattern up to $11.85, where the resistance built by VP posed a threat again near $11.08. Thereon, the price did best to sustain, but by June 21st, the price gave a breakdown of ascending channel and reached $6.85 by July 5th. At press time, the BTC is trying to sustain itself, and so does UNI. Over a clearer look at the chart, a liquidity grab has been developed on the chart. The current price traded at $7.911 with an intraday gain of 1.61%. If the price rises, then it could approach the VP by surpassing $9.0 and could reach $11.0. On the contrary, if the price slips $6.86, it could deteriorate further.
BITFINEX:UNIUSDLong
by Yash_Jain_1309
he MACD indicator also exhibits a bullish Recently, the UNI price has embarked on an upward trendline, followed by a period of stability around $9.25. The BuRRow, an analyst, noted that in Uniswap (UNI) the price reached an key level, and pump in price was around 20% in last 24 hours. He further stated that two times from this level price was dumped, and it is the third time. Mainly, If price manges to broke out of this hurdle on the daily chart, then this could lead its price to run towards higher level. But, if the history repeats itself, then price dump could be massive as well.. According to a recent tweet by an analyst, it was observed that on the daily chart of UNI, there has been a surge from the $9.27 support level, and it currently remains above both the 20-day and 50-day EMAs. Correspondingly, the MACD indicator also exhibits a bullish crossover, with a rising histogram at 0.034 for UNI, and the RSI flashed above median line at 63.55. These indicators suggest that its gaining pace and could potentially enter an upward trajectory in the future. As all major tools are displaying positive attitude towards the UNI price. If a strong breakout occurs, the next target for the price of UNI could be at levels such as $13.25 and $15.55. On the other hand, if the price declines, in this scenario, if the price of Uniswap's cryptocurrency fails to maintain its position above the $9.27 level, it may experience further decline.
COINBASE:UNIUSDLong
by Yash_Jain_1309
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Uniswap (UNI) Leads The Top Weekly LosersUniswap (UNI) Leads The Top Weekly Losers The Uniswap cryptocurrency has seen a significant drop, declining by 14.19% and becoming the top underperformer this week. At the time of writing, the UNI crypto was trading close to $9.76 recording a swift intraday loss of 1.06%. Moreover, the daily chart suggests that the crypto is on a three day losing streak, slipping below the key $10 mark. The short-term trend outlook is sideways and indecisive, with the price oscillating between $11 and $8 range. Recently, the price has reversed its course from the higher boundary of the range and might show more declines until it hits near the lower boundary of $8 level. A definitive trend direction is likely to emerge only after a breakout from the range formed.
CRYPTO:UNIUSDLong
by Ritika_TCR
the price is taking support on dynamic supportUniswap's current market indicators are pointing towards a positive trend, with key metrics such as the total supply in profit, whale activity, and weekly volatility backing up its potential for further growth. Over the last month and quarter, Uniswap has shown impressive gains of 64.52% and 106.09%, respectively, signaling a strong and consistent upward movement on the daily chart. Despite a slight dip of 1.47% in the last 24-hour trading session, Uniswap's price is holding steady at $12.242. The asset appears to be resilient, maintaining a crucial support level at approximately $11.420. If this support holds, there's a possibility for Uniswap's value to climb to new peaks. Moreover, the price is taking support on dynamic support of EMA's and it is showing bullish strength. Similarly, the RSI is above 50.76, suggesting that the asset has more room to grow and MACD is above the zero line at 0.838. Therefore, if the demand increases, the Uniswap asset price could bounce back from the current level. The next resistance for the price would be to reach $16.0. However, if the UNI crypto price fails to stay above the $11.40 level, it could plunge deeper towards the demand area.
COINBASE:UNIUSDLong
by Yash_Jain_1309
UNI Broke Out From The Sideways Consolidation 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 bullish momentum for the up-coming trading sessions. Currently UNI is standing at 12th position according to the market capitalization, while its all time low is around $0.4190.
KRAKEN:UNIUSDLong
by tcr_thecoinrepublic