Uniswap Price Targeting $8.2 Barrier Point

Buyers Are Increasing in Uniswap market

 Uniswap Price Analysis – 03 July

It can overcome the $8.2 resistance level and hit the $9.8 to $10.2 potential if buying pressure picks up at $7.4. If merchandisers can get over the $7.4 support mentality, they can try to reevaluate the $6.5 and $6.0 possibilities.

UNI/USD Market

Key Levels:

Resistance levels: $8.2, $9.8, $9.5

Support levels: $7.4, $6.5, $6.0

UNI/USD Long-term Trend: Bullish

The “double bottom” of a bullish reversal index is displayed in the $6.0 region of the Uniswap daily chart. In April, it was anticipated that the cryptocurrency will go below the $5.4 support level and reach the $5.1 support level. As the price rises once more, the bulls hang onto their gains. On May 10, the price of Uniswap rose to about $7.4 before declining and then rising once more. It is currently attempting to overcome the $8.2 barrier.

Uniswap’s trading above the Hull Suite cryptocurrency signal recommendation indicates a positive trend. It can overcome the $8.2 resistance level and hit the $9.8 to $10.2 potential if buying pressure picks up at $7.4. If merchandisers can get over the $7.4 support mentality, they can try to reevaluate the $6.5 and $6.0 possibilities.

UNI/USD Medium-term Trend: Bullish

The 4-hour map from Uniswap shows a pattern of positive reversal. The price hike began as soon as the stores hit the $5.1 mark. After the significant renovation was completed, charges went up to $5.4 a few days later. This occurred as customers increased the pressure on their requests. As trading grew more cautious, prices increased to the predefined level; the Uniswap surged beyond $7.4 before dropping about $5.8. The repair is still in progress with a target of $8.2 points.

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

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