2020-10-4 04:00 |
Uniswap’s UNI token has found itself caught within the throes of an incredibly intense consolidation phase throughout the past couple of days, which comes close on the heels of it experiencing an intense downtrend that led it towards lows of $3. origin »
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Uniswap remains on a steady upward path as bullish momentum fuels its push toward the $12. 3 mark. After a successful rebound at the $10. 3 support level, UNI has shown resilience, with buyers stepping in to sustain the rally.
Uniswap is making a determined effort to bounce back, with bulls stepping up to defend the crucial $12. 3 support level. This price point has become a pivotal battleground since it could pave the way for a potential recovery or signal further bearish momentum.
Uniswap (UNI) is gaining impressive momentum, reigniting hopes for a continued bullish run. As the token powers up, its next target could be the $16. 9 mark, a critical level that could set the stage for even greater gains.
Uniswap, the leading decentralized exchange (DEX) on Ethereum, is building and growing, looking at the number of processed volumes over the years. Uniswap Processes Over $2 Trillion On Ethereum Since launching in late 2018, on-chain data shows that the DEX has processed over $2 trillion in cumulative volume on the Ethereum mainnet.
Uniswap is making a surprising move, rallying in the face of bearish market conditions, and showing signs of resilience despite the downward pressure seen across the crypto space. As bullish sentiment begins to build, market participants are now focused on whether UNI can maintain this upward momentum and break new ground.
Crypto and some key sub-sectors, like decentralized finance (DeFi) or non-fungible token (NFT) trading or minting, remain dynamic. While activity is highly influenced by price, other changes are settled not by how prices gyrate but by time.
Uniswap (UNI), a prominent decentralized exchange token, is bracing for further declines as the broader cryptocurrency market experiences a significant downturn. Recent market trends indicate a continuation of bearish momentum, which has impacted UNI’s price negatively.