2024-11-08 00:49

IndustryUniswap Price Forecast
Uniswap price faces resistance around $8.26; a firm close above suggests a rally ahead. The MACD indicator flips into the positive territory amid a bullish crossover. A daily candlestick close below $7.08 would invalidate the bullish thesis. Uniswap (UNI) is trading slightly below $8 on Thursday after rejecting a key resistance level on Wednesday. A successful close above this threshold could indicate a rally for the decentralized exchange, bolstered by technical indicators showing a bullish crossover pointing to potential upward momentum. Uniswap could have double-digit gains if it closes above the key resistance level Uniswap has struggled to break through the daily resistance level around $8.26, which roughly coincides with the 50% price retracement at $8.37. It was again rejected on Wednesday. At the time of writing on Thursday, it trades slightly down around $8.01.
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Uniswap Price Forecast
| 2024-11-08 00:49
Uniswap price faces resistance around $8.26; a firm close above suggests a rally ahead. The MACD indicator flips into the positive territory amid a bullish crossover. A daily candlestick close below $7.08 would invalidate the bullish thesis. Uniswap (UNI) is trading slightly below $8 on Thursday after rejecting a key resistance level on Wednesday. A successful close above this threshold could indicate a rally for the decentralized exchange, bolstered by technical indicators showing a bullish crossover pointing to potential upward momentum. Uniswap could have double-digit gains if it closes above the key resistance level Uniswap has struggled to break through the daily resistance level around $8.26, which roughly coincides with the 50% price retracement at $8.37. It was again rejected on Wednesday. At the time of writing on Thursday, it trades slightly down around $8.01.
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