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UNIUSD

UNIUSDTThe conditions of the BINANCE:UNIUSDT are as follows: Over the past 50 days, we have witnessed an uninterrupted 85% price growth. Most of the resistance lines we assumed for UNI turned out to be weak, and the price easily surpassed them. However, now we are approaching the 0.786 Fibonacci retracement level, which is located at a price of $6.75. In my opinion, this point, or $7, could potentially lead the price back to $6, and then $5.30. At the $6 price point, we have strong support. However, between $5.80 and $5.35, there is a fear value gap(FVG), which could guide the price to those points and cause a price drop. Also, in the 4-hour timeframe, we are witnessing a divergence in the RSI (Relative Strength Index) indicator, which can be an initial signal of a trend reversal. But we need to wait and see how the market reacts to the $6.75 price level. Ultimately, everything depends on the overall market conditions.
Short
by Madoir
Uniswap UNI price price is accelerating, how long will it last?It seems that in early June, the UNIUSDT price did manage to break out of the prolonged downward trend. Well, we're keeping our fingers crossed that buyers will be able to accelerate the growth even more. Buyers have a "difficult path" ahead of them, as there are strong liquid zones above, where there will be many people willing to sell their UNI, which is lying around in their crypto portfolio and weighing it down with its price drop. The first critical level from above is $7.50. This is where the first "serious struggle" between buyers and sellers will begin. The outcome of the battle will determine which route the UNIUSD price will take next - white or blue. One way or another, the medium-term target, where we believe the price of the Uniswap token will sooner or later reach, is in the range of $12.25-13 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
25
✴️ Uniswap Clear Bottom Signal, Long-Term Higher LowOk... Let me explain my thinking to you, my dear friend, behind this chart. ✔️ Fundamental analysis Uniswap is a DEX and that's a point in favor. Since all the CEX are under attack, people are starting to appreciate the benefits of DEX but that's not all, the chart is what really matters because fundamentals can be good and prices go down, fundamentals can be bad and prices go up; It is more based on market cycle rather than everything else. But being a DEX is a point in favor specially in 2023 now that the Cryptocurrency market is 14 years old and growing. Many people have experience and love to diversify, for security, for protection, for ease and peace of mind. Great choice, this is wise. ✔️ Technical analysis The bottom signal is absolutely clear in June 2022 with the Inverse Head & Shoulders, or simply three drops before a recovery takes place. Fast forward 1 year, the biggest attack in the history of Cryptocurrency and Uniswap produces a strong red candle 10-June and starts to recover right away. In the past we had this complex recovery pattern, in the present we get a simple "v shape". The law of alternation once more. We have multiple days green, straight up and a year long higher low. Last year the June bounce lead to 193%. Since we have a higher low in place, this time it can be better. I want to buy this one with a bunch of X... If you can do it, make a plan and go ahead. Namaste.
CRYPTO:UNIUSDLong
by MasterAnanda
2
UNI Uniswap Double Bottom on a Falling WedgeIf you haven`t sold UNI when Apple blocked Uniswap Labs’ mobile crypto wallet: Then you should know that UNI (Uniswap) has recently formed a double bottom pattern within a falling wedge, indicating a potential bullish reversal in the near term. The double bottom pattern is characterized by two distinct lows at approximately the same level, followed by a potential breakout to the upside. When combined with the falling wedge, this pattern suggests a convergence of support levels and diminishing selling pressure. Considering the formation of the double bottom on the falling wedge, UNI could be poised for a potential price target of $5.70. This target represents the projected upside that could be achieved if the pattern unfolds as expected. Looking forward to read your opinion about it!
Long
by TopgOptions
UNI’s Downward Trend and Potential Bullish ReversalDue to ongoing sales pressure in the market, UNI experienced a downward trend and reached the support level of $3.62. This support level coincides with the 0.5 Fibonacci level on the monthly time frame, indicating a strong demand area. Additionally, there is a potential formation of a double bottom pattern on the monthly chart. If more than 50% of last week's bearish candlestick is recovered and a strong bullish candlestick forms this week, it suggests the possibility of changing the trend to a bullish state. Currently, the price is back within the descending channel, but with the emergence of demand, it could potentially rise towards the first target, the midline. However, breaking the resistance at $5 is crucial to escape the descending channel. Such a rapid turnaround may influence the trend for a period of time.
by MonoCoinSignal
15
Uniswap: You’ve still got work to do…! ☝️Uniswap is chilling in a sidewards movement, although it still has got work to do! So far, the altcoin seems hesitant to reach for our red target zone between $3.99 and $0.88, moving closer only gradually. However, our crypto-friend should take heart soon! We expect it to dive into the red zone pluckily to complete wave b in red. This done, Uniswap should turn upwards and head for its next destination: the northern turquoise zone between $13.03 and $16.03, where wave 4 in turquoise should end.
BINANCE:UNIUSD
by MarketIntel
Uniswap: Shake a Leg! 🦵Uniswap should shake a leg now and start moving upwards. The altcoin should push further off the lower edge of our pink trend channel, where it has recently finished wave d in magenta, and soon make it above the resistance line at $9.82. There, our crypto-friend should climb into the turquoise zone between $13.03 and $16.03 to complete wave e in magenta as well as wave 4 in turquoise. Afterward, we expect Uniswap to head southwards again. The altcoin should return below $9.82 and continue the descent until the support at $3.33. Shortly before this mark, it should stop, though, to conclude wave 2 in green. However, there is a 33% chance that Uniswap could slip below $3.33. In that case, the altcoin would develop wave alt.2 in green earlier (and lower).
BINANCE:UNIUSD
by MarketIntel
1
UNI Uniswap Labs’ mobile crypto wallet blocked by AppleUNI Uniswap Labs, the firm responsible for the foremost Ethereum-based decentralized exchange (DEX), is purportedly encountering hindrances in its attempts to release a mobile cryptocurrency wallet for iPhone users. As per a spokesperson from Uniswap Labs, despite fulfilling all of Apple's requirements, the company has not granted approval. This recent obstacle reinforces the notion that Apple is a rigid overseer of crypto enterprises' admittance to the iOS platform, and its prohibition of cryptocurrency trading applications that do not employ "an authorized exchange" has faced criticism. Considering also the Double TOP chart Pattern, I now expect a retracement to the next support of $4.95. Looking forward to read your opinion about it.
Short
by TopgOptions