Uniswap Price Prediction for Today, December 28 – UNI Technical Analysis

Uniswap price prediction shows that UNI is facing an upward trend as the coin tries to break above the upper boundary of the channel.

Uniswap prediction statistical data:

• Current Uniswap price – $7.74
• Uniswap market capitalization – $4.5 billion
• Uniswap Circulating Volume – 598.1 million
• Uniswap total supply – 1 billion
• Uniswap Coinmarketcap Ranking – 20th

UNI/USD Market

Main level:

Resistance levels: $9.0, $9.5, $10.0

Support levels: $6.0, $5.5, $5.0

UNI/USD is heading to the upside, hovering near the resistance level of $7.74 from the opening price of $7.24. However, a daily closing price above the channel cap could increase the Uniswap price to $8.5. Meanwhile, traders should note that as bulls increase their positions, continued price increases may attract more buyers to the market.

Uniswap Price Prediction: UNI Price Could Go Higher

Uniswap price has been on an upward trend for the past few days and if the bulls break the channel, it could push the coin towards the touching resistance level of $8.5. The daily chart also shows that the coin will rise if the 9-day moving average stays above the 21-day moving average.

Nonetheless, bears can take advantage of a coin falling below its moving average. However, if Uniswap price breaks above the upper border of the channel, it may reach resistance levels of $9.0, $9.5, and $10.0, but if it heads south, the price may go down to support levels of $6.0, $5.5, and $5.0.

UNI/BTC Pump 9.43%

Uniswap price versus Bitcoin is moving beyond the channel cap. However, intraday trading is bullish as the coin is showing strength and may reach resistance levels above 2100 SAT.

Conversely, if sellers bring the market towards the lower border of the channel, a bearish crossover below this barrier could push this coin towards support below 1400 SAT. Meanwhile, the 9-day moving average is crossing the 21-day moving average upward, suggesting an upward trend.

Uniswap Alternatives

The Uniswap price is showing signs of a new upward trend, exceeding both the 9-day moving average and the 21-day moving average. Current indicators suggest that the cryptocurrency could gain further momentum if it breaches the upper boundary of the channel. Therefore, traders are advised to monitor this coin closely.

However, while Uniswap boasts a hefty $4.5 billion market capitalization, its large size may prevent it from having a significant market impact. Conversely, the recently launched $BTCMTX token is currently raising a commendable $6.5 million in the pre-sale phase and shines brightly due to its smaller market capitalization. Therefore, investors should explore the unique properties of $BTCMTX and recognize it as a promising avenue for significant growth prospects within the cryptocurrency space.

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