Uniswap (UNI/USD) Bounces from a Lower Value of $30
Uniswap Price Prediction – May 13
After a witness of downward pressure in the last couple of days, the market valuation of UNI/USD has bounced from a low of around $30. Price now trades around a 5.17% increase at the value of $38.78 or thereabout.
UNI/USD Market
Key Levels:
Resistance levels: $45, $50, $55
Support levels: $35, $30, $25
The UNI/USD daily chart has shown the crypto’s activities as majorly trading back in the bullish channels as price has touched the lower channel yesterday and early today. But, now, the market rebounds averaging the upper channel as of writing. The 14-day SMA trend-line is in the channels above the 50-day SMA. The Stochastic Oscillators are in the oversold region with the crossed hairs pointing to the north to signal that a buying pressure is currently ongoing in the...
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