Buyers’ momentum is increasing
Uniswap Price Analysis – 14 September
The $4.7 and $4.9 resistance levels may be broken if there is enough buying pressure to surpass the $4.5 resistance level. Uniswap levels of $3.5 and $3.1 will be put to the test if sellers can push the price below the $3.9 support level
UNI/USD Market
Key Levels:
Resistance levels: $4.5, $4.7, $4.9
Support levels: $3.9, $3.5, $3.1
UNI/USD Long-term Trend: Bearish
On the daily Chart, Uniswap has a bearish bias. Buyers are currently attempting to stop additional decline near the $3.9 level. The cryptocurrency saw positive pressure in the previous month. To overcome the $6.4 resistance level, the price had to rise. The bullish impetus waned when the $6.6 high was challenged. On August 2, a strong bearish daily candle emerged, and the price began to decline. The fall broke through the prior support levels of $4.9, $4.7, and $4.5. The $4.5 support level is already breached and currently facing $3.9.
On Uniswap, trading below the two EMAs denotes a bearish trend. The $4.7 and $4.9 resistance levels may be broken if there is enough buying pressure to surpass the $4.5 resistance level. The price levels of $3.5 and $3.1 will be put to the test if sellers can push the price below the $3.9 support level. At level 36, the period 14 relative strength indicator curves upward, signaling a buy.
UNI/USD Medium-term Trend: Bearish
The 4-hour Uniswap chart shows a bearish tendency. Before hitting resistance for $6.6, the cryptocurrency overcame numerous obstacles, including those at $6.1 and $6.4. The price began to fall when the sellers held the $6.6 barrier level. The cost has dropped to $4.5 as a result of increased vendor pressure. Bulls and bears are engaged in conflict, which led to range movement.
Buyers are currently exerting price pressure. The Uniswap price exponential 9- and 21-period moving averages are now above them, indicating a buy.
You can purchase Lucky Block here Buy LBLOCK
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
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.
