UNI Price Prediction – Uniswap Turns Green and Eyes More Upsides

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,315,246,014,061	SHA-256d

Name

Symbol

Market

Market Cap ($)

Algorithm

Bitcoin

BTCUSD

Crypto

1,315,246,014,061

SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	413.01	0.62%	67,052.01	67,052.00	67,052.01

Price Change

Price Change %

Current Price

Bid Price

Offer

413.01

0.62%

67,052.01

67,052.00

67,052.01

High Price	Low Price	Open Price	Prev. Close	52 Week Range
67,274.96	65,050.00	66,636.61	66,639.00	24,900.00 - 73,835.57

High Price

Low Price

Open Price

Prev. Close

52 Week Range

67,274.96

65,050.00

66,636.61

66,639.00

24,900.00 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
GEMN	19:40:26	0.006691	67,054.29	USD

Exchange

Last Trade

Size

Trade Price

Currency

GEMN

19:40:26

0.006691

67,054.29

USD

Price x Volume	Volume	Base Symbol	Related Pairs
792,129,027.92	12,008.19	BTC	BTCEUR	BTCGBP	ETHBTC

Price x Volume

Volume

Base Symbol

Related Pairs

792,129,027.92

12,008.19

UNI Price Prediction – Uniswap Turns Green and Eyes More Upsides

27/05/2024 4:28am

NEWSBTC

UNI price started a decent increase above the $$10.00 resistance. Uniswap is showing positive signs and might eye more upsides above the $11.75 resistance. UNI started a fresh increase above the $10.00 resistance zone. The price is trading above $11.00 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance near $9.50 on the hourly chart of the UNI/USD pair (data source from Kraken). The pair might correct gains, but the bulls might eye more upsides above $11.75 in the near term. UNI Price Holds Gains After forming a base above the $8.80 level, Uniswap started a fresh increase like Bitcoin and Ethereum. UNI price gained pace for a move above the $9.20 and $9.50 resistance levels. There was a break above a connecting bearish trend line with resistance near $9.50 on the hourly chart of the UNI/USD pair. The bulls even pushed the price above the $10.50 and $11.20 resistance levels. Finally, the bears appeared near the $11.75 zone. A high was formed near $11.78 and the price is now consolidating gains near the 23.6% Fib retracement level of the upward move from the $8.70 swing low to the $11.78 high. UNI is now trading above $11.00 and the 100-hourly simple moving average. Immediate resistance is near the $11.50 level. The next key resistance is near the $11.75 level. A close above the $11.75 level could open the doors for more gains in the near term. The next key resistance could be near $12.20, above which the bulls are likely to aim a test of the $12.50 level. Any more gains might send UNI toward $13.50. Are Dips Supported In Uniswap? If UNI price fails to climb above $11.50 or $11.75, it could start a downside correction. The first major support is near the $11.05 level. The next major support is near the $10.25 level or the 50% Fib retracement level of the upward move from the $8.70 swing low to the $11.78 high. A downside break below the $10.25 support might open the doors for a push toward $8.80. Technical Indicators Hourly MACD – The MACD for UNI/USD is losing momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for UNI/USD is near the 50 level. Major Support Levels – $11.05, $10.50, and $10.25. Major Resistance Levels – $11.50, $11.75, and $12.20.

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