Uniswap along with other altcoins has roared into bullishness territory. The popular crypto was in downtrend before this move but now it is looking to start an upward journey.
In this article, we will look at uniswap price analysis, weekly analysis along with the news roundup.
For on-demand analysis of any cryptocurrency, join our Telegram channel.
Uniswap Crypto Price Prediction
- Current Price: $9.25
- Market Cap: $5,769,665,039
- 24h Trading Volume: $357,220,503.49
- Total Supply: 1,000,000,000 UNI
- Circulating Supply: 598,930,294.71 UNI
Let’s have a look at the chart:
Breaking out looking strong.
Weekly Price Analysis
In the recent week, the popular crypto exchange‘s native token UNI has shown a positive trend, with a significant jump of 17% in a fresh breakout, causing over $1.2 million in short liquidations.
Guaranteed Lowest Fees – Try Bybit
The RSI is also at 62 level, which means there is room for more upwards movement in short-term.
News Roundup
A major governance overhaul proposal has been submitted, aiming to reward UNI token holders who stake and delegate their tokens.
Conclusion
Uniswap‘s recent performance along with the upward swing of other altcoins represent a good sentiment in the crypto space. Short-term positions can be taken in uniswap with proper risk management.
As always, conduct your own research before making investment decisions.
For on-demand analysis of any cryptocurrency, join our Telegram channel.
