Uniswap (UNIUSD) Price Rebound at $6.0 Level

Updated:

Checkmark

Service for copy trading.

Checkmark

High profitable signals.

Checkmark

24/7 cryptocurrency trading.

Checkmark

10 minute setup with significant benefits.

Checkmark

79% Success rate.

Checkmark

Up to 40 trades per month.

Checkmark

Monthly subscriptions begin at £58.


Uniswap Price Analysis – July 14

When the bulls increase their momentum, price may reach the resistance level of $7.9 and this may increase it to $9.7 and $12.4 resistance levels. In case the bears defend the resistance level of $7.9, Uniswap price may decrease to $6.0, $4.5 and $3.4 price levels. The Relative Strength Index is bending up at 60 levels indicating buy.

UNI/USD Market

Key Levels:

Resistance levels: $7.9, $9.7, $12.4

Support levels: $6.0, $4.5, $3.4

UNI/USD Long-term Trend: Bullish

Uniswap is bullish on the long-term outlook. When the Crypto found support at $3.4 level on 15 June. The price action is coming up with the formation of chart pattern called inverted head and shoulder. It is a bullish chart pattern. The price increases and test the resistance level of $6.02. It pulled back to test the broken level of $4.5. The bulls pushes the price to break up $6.0 level, the price is targeting the resistance level of $7.9.

The fast moving average (9 periods EMA) has crossed the slow moving average (21 periods EMA) upside. Uniswap is trading above the two EMAs after penetrated the two dynamic resistance level, which is an indication of bullish momentum. When the bulls increase their momentum, price may reach the resistance level of $7.9 and this may increase it to $9.7 and $12.4 resistance levels. In case the bears defend the resistance level of $7.9, Uniswap price may decrease to $6.0, $4.5 and $3.4 price levels. The Relative Strength Index is bending up at 60 levels indicating buy.

UNI/USD Medium-term Trend: Bullish

On the 4-hour chart, Uniswap is bullish. A double bottom chart pattern formed on 4- hour last two weeks has turned to an inverted head and shoulder chart pattern. It is triggering a bullish movement. Price increases and the former resistance level of $6.0 has turned to support level.  At the moment, it is exposes to resistance level of $7.9 level.

Uniswap is trading slightly above the 9 periods EMA and 21 periods EMA. The relative strength index period 14 is at 61 levels bending up to indicate buy signal.

You can purchase Lucky Block here: Lucky Block 

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.