Uniswap Price: Buyers Are Gradually Dominating

Uniswap price may be under Bulls’ control soon

Uniswap Price Analysis – 18 September

It can overcome the $10.0 resistance level and hit the $11.0 to $12.0 potential if buying pressure picks up at $9.0. If merchandisers can overcome the $9.0 counterargument, they can try to reevaluate the $8.0 and $7.0 prospects.

UNI/USD Market

Key Levels:

Resistance levels: $10.0, $11.0, $12.0

Support levels: $9.0, $8.0, $7.0

UNI/USD Long-term Trend: Bullish

There is strong bearish momentum in the $12.0 range on the Uniswap daily chart. The cryptocurrency formed a double bottom chart pattern on May 8 after bottoming out extremely near the $7.0 support level. A bullish run that ultimately reached the $11.0 barrier level was triggered by this. The bulls hold onto their profits as the price rises again. Last week, Uniswap’s price fell to about $10.0. It subsequently continued to decline until it reached $9.0.0. Bulls fall after fighting bears at the appropriate level. Right now, it’s attempting to recover at $9.0.

Uniswap’s trading slightly above the Hull Suite cryptocurrency signal indication which indicates indicates a positive trend. It can overcome the $10.0 resistance level and hit the $11.0 to $12.0 potential if buying pressure picks up at $9.0. If merchandisers can overcome the $9.0 counterargument, they can try to reevaluate the $8.0 and $7.0 prospects.

UNI/USD Medium-term Trend: Bullish

The 4-hour chart for Uniswap showed a positive reversal trend. The price hike began when the companies hit the $9.5 level. A few days after the price rise was confirmed, charges went up to $10.5. This occurred as merchants increased the pressure on their demands. As trade grew more cautious, prices increased to the predefined level; the Uniswap touched $10.5 before testing $12.0. Following its recovery from the previous low, the coin begins to rise.

The price is currently higher than the dynamic support level. The request is drawing nearer at Uniswap. A buying position is indicated by a positive QQE MOD signal histogram.

Start using a world-class auto trading solution

You can purchase Lucky Block here Buy LBLOC