UNI Price Prediction – After 25% Rally Uniswap Turned Attractive On Dips

Name	Symbol	Market	Market Cap ($)	Algorithm
Uniswap	UNIUSD	Crypto	5,864,304,669	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Uniswap

UNIUSD

Crypto

5,864,304,669

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.120	1.56%	7.80	7.81	7.81

Price Change

Price Change %

Current Price

Bid Price

Offer

0.120

1.56%

7.80

7.81

High Price	Low Price	Open Price	Prev. Close	52 Week Range
7.81	7.60	7.68	7.68	3.83 - 17.03

High Price

Low Price

Open Price

Prev. Close

52 Week Range

7.81

7.60

7.68

3.83 - 17.03

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	13:08:17	204.38	7.80	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

13:08:17

204.38

7.80

USD

Price x Volume	Volume	Base Symbol	Related Pairs
395,153.88	51,338.66	UNI	UNIEUR	UNIGBP	UNIBTC

Price x Volume

Volume

Base Symbol

Related Pairs

395,153.88

51,338.66

UNI Price Prediction – After 25% Rally Uniswap Turned Attractive On Dips

24/11/2023 4:24am

NEWSBTC

UNI price rallied over 25% and climbed above $6.20. Uniswap is now consolidating gains and any dips might be attractive to the bulls in the near term. UNI started a fresh increase above the $5.20 and $6.00 resistance levels. The price is trading above $5.80 and the 100 simple moving average (4 hours). There was a break above a key declining channel with resistance near $5.25 on the 4-hour chart of the UNI/USD pair (data source from Kraken). The pair might correct lower, but the bulls could be active near the $5.60 and $5.55 levels. UNI Price Regains Strength After forming a support base above $4.80, UNI started a fresh surge. The bulls were able to push Uniswap’s price above the $5.25 and $5.30 resistance levels, outperforming Bitcoin and Ethereum. There was a break above a key declining channel with resistance near $5.25 on the 4-hour chart of the UNI/USD pair. The pair pumped over 25% and even climbed above $6.20. A new multi-week high was formed near $6.60 and the price is correcting lower. There was a move below the $6.25 level. Uniswap is now approaching the 23.6% Fib retracement level of the upward move from the $4.83 low to the $6.60 high. UNI is still trading above $5.80 and the 100 simple moving average (4 hours). If there is a fresh increase, the price might face resistance near the $6.40 level. The next key resistance is near the $6.60 level. A close above the $6.60 level could open the doors for more gains in the near term. Source: UNIUSD on TradingView.com The next key resistance could be near $6.88, above which the bulls are likely to aim a test of the $7.00 level. Any more gains might send UNI toward $7.20. Dips Supported in Uniswap? If UNI price fails to climb above $6.40 or $6.60, it could correct further lower. The first major support is near the $6.05 level. The next major support is near the $5.70 level. The mains support is near $5.55 or the 61.8% Fib retracement level of the upward move from the $4.83 low to the $6.60 high. A downside break below the $5.55 support might open the doors for a push toward $5.00. Technical Indicators 4-Hours MACD – The MACD for UNI/USD is losing momentum in the bullish zone. 4-Hours RSI (Relative Strength Index) – The RSI for UNI/USD is well above the 50 level. Major Support Levels – $6.05, $5.70 and $5.55. Major Resistance Levels – $6.40, $6.60 and $7.00.

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UNIUSD Uniswap