Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

XRP Price Prediction 2025—What if it Fails to Break the $2.5 Resistance? Will it Fall Below $2 in July?

July 7, 2025

Best Crypto to Buy Before July Ends, This $0.03 Token Could 2x Like Ethereum (ETH) Did in 2021

July 7, 2025

Donald Trump Slams Elon Musk’s ‘America Party’ as a GOP-Killing Train Wreck

July 7, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

UNI Price Prediction – Uniswap Turns Green and Eyes More Upsides

0
By Aggregated - see source on May 27, 2024 Bitcoin
Share
Facebook Twitter LinkedIn Pinterest Email

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.

Source: UNIUSD on TradingView.com

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.

Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

XRP Price Prediction 2025—What if it Fails to Break the $2.5 Resistance? Will it Fall Below $2 in July?

July 7, 2025

Best Crypto to Buy Before July Ends, This $0.03 Token Could 2x Like Ethereum (ETH) Did in 2021

July 7, 2025

Donald Trump Slams Elon Musk’s ‘America Party’ as a GOP-Killing Train Wreck

July 7, 2025
Leave A Reply Cancel Reply

What's New Here!

XRP Price Prediction 2025—What if it Fails to Break the $2.5 Resistance? Will it Fall Below $2 in July?

July 7, 2025

Best Crypto to Buy Before July Ends, This $0.03 Token Could 2x Like Ethereum (ETH) Did in 2021

July 7, 2025

Donald Trump Slams Elon Musk’s ‘America Party’ as a GOP-Killing Train Wreck

July 7, 2025

Was the Ripple Lawsuit Designed to Keep XRP’s Price Down? 9,000-Hour XRP Researcher Speaks

July 7, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.