Uniswap Price: Seller Are Exerting More Pressure
Login

Uniswap Price: Seller Are Exerting More Pressure

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Uniswap market may decrease further

Uniswap Price Analysis – 05 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 opposing perspective, 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: Bearish

There is a lot of bearish momentum in the $12.0 zone of the Uniswap daily chart. The cryptocurrency formed a double bottom chart pattern on May 8 after bottoming out very near the $5.4 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 drop until it reached $9.0.0. Bulls fall after they have engaged in appropriate level combat with bears. At the moment, it is attempting to drop below $9.0.

Uniswap Price: Seller Are Exerting More Pressure

Uniswap’s trading below the Hull Suite cryptocurrency signal indicator suggests a bearish 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 opposing perspective, they can try to reevaluate the $8.0 and $7.0 prospects.

UNI/USD Medium-term Trend: Bearish

The 4-hour chart for Uniswap showed a negative reversal trend. The price hike began when the corporations hit the $9.5 barrier. 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. The coin bounces off the previously recorded high and begins a downward trend.

Uniswap Price: Seller Are Exerting More Pressure The dynamic support level is currently below the price. The request is drawing nearer at Uniswap. A selling position is indicated by a negative QQE MOD signal histogram.

Start using a world-class auto trading solution

You can purchase Lucky Block here Buy LBLOCK

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News