UNI Price Prediction – Uniswap Turns Green and Eyes More Upsides

Name	Symbol	Market	Market Cap ($)	Algorithm
Ethereum	ETHUSD	Crypto	406,227,327,510	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Ethereum

ETHUSD

Crypto

406,227,327,510

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-5.12	-0.15%	3,389.48	3,389.30	3,389.37

Price Change

Price Change %

Current Price

Bid Price

Offer

-5.12

-0.15%

3,389.48

3,389.30

3,389.37

High Price	Low Price	Open Price	Prev. Close	52 Week Range
3,425.44	3,365.48	3,393.10	3,394.60	1,520.85 - 4,093.88

High Price

Low Price

Open Price

Prev. Close

52 Week Range

3,425.44

3,365.48

3,393.10

3,394.60

1,520.85 - 4,093.88

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	14:57:26	0.005603	3,389.50	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

14:57:26

0.005603

3,389.50

USD

Price x Volume	Volume	Base Symbol	Related Pairs
100,415,902.35	29,622.83	ETH	ETHEUR	ETHGBP	ETHBTC

Price x Volume

Volume

Base Symbol

Related Pairs

100,415,902.35

29,622.83

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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