Uniswap (UNIUSD) Price: Bullish Movement Triggers at $17 Level, May Continue to $30

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored
Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


Uniswap Price Analysis – September 30

The price may penetrate the resistance level of $26 and increase towards the resistance levels of $30 and $37. Inability to penetrate the resistance level of $26 by the bulls may result to ranging market or bearish reversal towards the support levels at $21, $17 and $14.

UNI/USD Market

Key Levels:

Resistance levels: $26, $30, $37

Support levels: $21, $17, $14

UNI/USD Long-term Trend: Bullish

Uniswap is bullish on the long-term outlook. Uniswap continue to obey the command of the bulls. The bullish movement commenced on September 22 at the support level of $17. The coin played out the way it was predicted last week; the resistance level of $21 was broken upside.  The price is increasing towards the resistance level of $26. The price may continue to increase as the daily bullish candle opens the Uniswap market.

UNIUSD Daily chart, September 30

Uniswap is trading above the 9 periods EMA and 21 periods EMA which is an indication of bullish movement. The fast moving average (9 periods EMA) is crossing the slow moving average (21 periods EMA). The price may penetrate the resistance level of $26 and increase towards the resistance levels of $30 and $37. Inability to penetrate the resistance level of $26 by the bulls may result to ranging market or bearish reversal towards the support levels at $21, $17 and $14.

UNI/USD Medium-term Trend: Bullish

Uniswap is bullish on the 4-hour chart. The coin tested the support level at $17 thrice; meaning that triple bottom chart pattern formed. This scenario triggered the bullish movement in the 4-hour chart pattern. $21 level has been penetrated upside and the price is heading towards the resistance level of $26.

UNIUSD 4-hour chart, September 30

Uniswap is trading above the 9 periods EMA and 21 periods EMA, the relative strength index period 14 is at 50 levels bending up to indicate buy signal.

You can purchase crypto coins here.  Buy Tokens

  • 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
  • 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
$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

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.

Leave a Reply

Your email address will not be published. Required fields are marked *