Uniswap (UNIUSD) Price: Bulls Gain Strong Momentum, Testing $11.4 Level
Login

Uniswap (UNIUSD) Price: Bulls Gain Strong Momentum, Testing $11.4 Level

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

Azeez Mustapha

Updated:

Uniswap price is increasing

Uniswap Price Analysis – 29 February

Uniswap levels of $8.2 and $7.4 will be put to the test if sellers are successful in pushing the price below the $10.1 support level. In the event that the buying pressure stays over $11.4, the resistance levels at $12.7 and $14.00 might be totally smashed.

UNI/USD Market

Key Levels:

Resistance levels: $11.4, $12.7, $14.00

Support levels: $10.1, $8.2, $7.4

UNI/USD Long-term Trend: Bearish

The daily chart of Uniswap clearly shows a bullish movement. The Crypto tested the support level of $5.6 on 06 February. Bears defended the just-mentioned level and the price bounced up. Over the past four days, there has been an increase in the price of cryptocurrencies. Customers drove the market northward. On 23 February, a strong and big daily bullish candle emerged and the price tested the resistance level of $12.7. Currently, the price ranges between $11.4 and $10.1 levels.

Uniswap (UNIUSD) Price: Bulls Gain Strong Momentum, Testing .4 Level

Uniswap is trading above the Hull Suite suggesting a positive trend. In the event that the buying pressure stays over $11.4, the resistance levels at $12.7 and $14.00 might be totally smashed. The price levels of $8.2 and $7.4 will be put to the test if sellers are successful in pushing the price below the $10.1 support level. When the QQE MOD indicator is green and above the zero level, it indicates a buy crypto signals.

UNI/USD Medium-term Trend: Bullish

Uniswap’s 4-hour chart indicates upward movement. The price began to rise as soon as the purchasers maintained the $7.4 barrier level. The high of $8.2 and $1.0.1 was broken higher four days ago after multiple projects, some with price values of $11.4 were successfully completed. Increased pressure from buyers led to this. As buyers’ momentum increase, tests are conducted at the $11.4 resistance level. Bulls are holding on to the previously mentioned level, which is why the price is currently inclining.

Uniswap (UNIUSD) Price: Bulls Gain Strong Momentum, Testing .4 Level

At the moment, the price ranges within $11.4 and $10.1 levels. Not much volatility in the Uniswap market. The positive QQE MOD indicator histogram indicates a buying position.

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
  • 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

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