Uniswap Coin Aims To Surpass $7 On Strength Of Bullish Pattern
The technical chart shows the Uniswap coin price forming an inverted head and shoulder pattern in the daily time frame chart. This bullish reversal pattern is known to flip the market sentiment and initiate a series of new higher highs and higher lows trends. As of now, altcoin currently trades at $6.7 with an intraday The post Uniswap Coin Aims To Surpass $7 On Strength Of Bullish Pattern appeared first on CoinGape.
Here’s Why Uniswap Token Price Is Set To Surpass $7 Mark
Amid the widespread recovery in broader markets, the Uniswap token price rebounded from the $5.66 support. A bullish reversal surged the prices 10% higher from this support and continued with the formation of the inverted head should pattern. However, the selling pressure at a higher price indicates that the potential recovery may stall by a The post Here’s Why Uniswap Token Price Is Set To Surpass $7 Mark appeared first on CoinGape.
Uniswap Price Holds 20% Growth Potential If It Sustains This Level
On October 5th, the Uniswap coin price gave a bullish breakout from the monthly resistance of $5.7 resistance breakout should encourage buyers to complete a bull cycle within the symmetrical triangle pattern. However, until the price action remains in this pattern, the altcoin will follow a sideways path. Key points from Uniswap Price analysis: The The post Uniswap Price Holds 20% Growth Potential If It Sustains This Level appeared first on CoinGape.
$6.7 Breakout May Trigger A Directional Rally In Uniswap Price
Following the June-July recovery, the Uniswap coin price showcased a steady correction over the past two months. However, this correction assisted buyers in forming a Cup and handle pattern. For the handle portion, the altcoin has obtained significant support of $5.2 and shows recovery signs in the daily chart. Key points: The UNI price is The post $6.7 Breakout May Trigger A Directional Rally In Uniswap Price appeared first on CoinGape.
Uniswap Token Price Falling in Response to Channel Pattern; Back to $4.6?
Under the influence of a falling channel pattern, the Uniswap token price showed a steady downfall in the past five weeks. However, the very nature of this pattern is to resume a strong bull rally once the price breaks the overhead trendline. Thus, interested buyers must wait for pattern breakout to get the right entry The post Uniswap Token Price Falling in Response to Channel Pattern; Back to $4.6? appeared first on CoinGape.
Uniswap Price Faces Supply Pressure At $6.8; Is Correction Phase Not Over?
The recent correction in Uniswap coin price stalled at the combined support of 0.618 Fibonacci retracement level and $5.7. Over the past two weeks, the altcoin rebounded from this support twice, indicating a high accumulation zone. However, the coin price struggling to surpass the $6.8 resistance creates a narrow range. Key points from Uniswap analysis: The post Uniswap Price Faces Supply Pressure At $6.8; Is Correction Phase Not Over? appeared first on CoinGape.
These Top Altcoins Are Expected To Surge On Institutional Demand
A recent crypto rally has largely favored altcoins, with most top tokens outpacing their bigger peers Bitcoin (BTC) and Ethereum (ETH). Institutional buying, which is a key factor behind the rally, could be set to balloon in the coming weeks. Top altcoins rose on Friday after exchange operator CME Group said it was launching indexes The post These Top Altcoins Are Expected To Surge On Institutional Demand appeared first on CoinGape.
Dogecoin, Uniswap Price Analysis: 14 June
Bitcoin has been able to sustain the uptrend from lows around $31,000 last week. The bellwether cryptocurrency had pulled the entire market into a dip, but the recovery toward the end of last week saw altcoins gasping for air. It is believed that the massive buy orders could be triggered in the cryptocurrency market as The post Dogecoin, Uniswap Price Analysis: 14 June appeared first on Coingape.
Uniswap Price Prediction: UNI closes the gap to $40 despite broad-based crypto retreats
Uniswap leads recovery in the market, posting incredible gains. Breaking the resistance at $40 could bolster UNI to new record highs. Uniswap has given a blind eye to the ongoing correction in the market to post double-digit gains over the last 24 hours. The decentralized finance (Defi) token is among the cryptocurrencies that managed to The post Uniswap Price Prediction: UNI closes the gap to $40 despite broad-based crypto retreats appeared first on Coingape.