Uniswap Picked Momentum, Whats Next?

　　The UNI price displays a rebound and bulls are eager to cross the 200 day EMA mark to initiate a significant reversal. However, the trend is volatile and buyers need to hold the gains to pick momentum. The price action shows the selling pressure and the Uniswap crypto has corrected over 40% this month, replicating the seller dominance. Buyers are struggling to retain momentum and made fresh long positions.

　　At press time, the Uniswap crypto (UNI) price traded at $8.00 with an intraday gain of 4.10%, reflecting neutrality on the charts. It has a monthly return ratio of -37.20% and 44.30% yearly. The pair of UNI/BTC is at 0.000125 BTC, and the market cap is $7.03 Billion. Analysts are neutral and suggest that the Uniswap crypto will retain strength and cross the upside mark of $100 shortly.

　　UNI Price Volume Profile Analysis On Daily Chart

　　Per the Santiment data, the price-to-volume profile showcases a spike and has retained the 200-day EMA mark, but needs to sustain. However, the trend is neutral, and buyers want to retain the $10 mark. Meanwhile, the UNI crypto price is at its strong support zone of $8 with a short covering move anticipated ahead. The intraday trading volume jumped over 12.29% to $72.70 Million.

　　Perspectiva de volatilidade de preços e sentimento ponderado

　　Despite the significant rebound in the Uniswap crypto price, the price volatility curve shrinks over 5.80% to 0.00842. However, the weighted sentiment looks positive and stayed near the midline around -0.152.

　　Social Dominance And X Followers Insights

　　The social dominance data witnessed a nominal down move and slipped toward the lower region to 0.32%, noting a decline in the discussion reports. However, the X followers data noted a significant pullback and jumped over 31.89%, reaching -22.3k.

　　Atividade de desenvolvimento e insights totais de interesse aberto

　　On the daily chart, the development activity data witnessed a follow-on increment and stayed above the midline around 117, showing a positive outlook. Similarly, the derivative data signifies long buildup. The open interest surged over 3.89% to $49.43 Million.

　　Per the Fib levels, the Uniswap price trades near the 38.2% support zone and is near the mid-Bollinger Band, directing neutrality on the charts. However, the RSI curve stayed below the midline region, and a positive crossover was noted on the charts.

　　The total supply of the Uniswap crypto is 1 Billion, whereas the volume-to-market cap ratio is 0.0103, ranked 22 in the global crypto market cap.

　　Resumo

　　The Uniswap crypto price gained momentum and reached the 200 day EMA mark region, signifying the buyer accumulation. However, the trend is volatile and buyers need to cross the upside region of $9 to initiate a significant trend reversal.

　　Níveis Técnicos

　　Níveis de Suporte: $ 7.60 e $ 7

　　Níveis de resistência: $ 8.80 e $ 9.50

　　Aviso Legal

　　As visões e opiniões expressas pelo autor ou qualquer outra pessoa mencionada neste artigo são apenas para fins informativos e não constituem conselhos financeiros, de investimento ou outros.

　　Amanda Shinoy é uma das poucas mulheres no espaço que investiu até os joelhos em criptografia. Defensora do aumento da presença de mulheres na criptografia, ela é conhecida por sua análise técnica precisa e previsão de preços de criptomoedas. Os leitores muitas vezes aguardam a opinião dela sobre o próximo comício. Ela é especialista em finanças com MBA em finanças. Ao abandonar um emprego numa instituição financeira líder, dedica-se agora a tempo inteiro à educação financeira para o público em geral.