Ethereum leads altcoins into recovery after rebounding from last week’s crash to the 100-day SMA.
Uniswap gains 35% in 24 hours, testing the $25 hurdle after leaving support at $17.5 in the rearview.
The crypto market is making a comeback in the green with a bang as the week takes off. Trading over the week mainly favored the bulls after they defended crucial support levels last Friday. Volatility shot up following news that China has revolutionized crackdown on crypto activity, which the central bank refers to as illegal.
Bitcoin stayed above $40,000, as buyers prevented further losses. As analyzed earlier, Bitcoin has lifted above $44,000 and is looking toward gaining the ground to the supply zone at $48,000.
Ethereum is among the most improved among the top ten crypto assets, posting double-digit gains in 24 hours. However, Uniswap takes the lead position after growing by nearly 35% in the same period. Generally, the market is bullish, giving bulls the best start to the week.
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Źródło: https://coingape.com/ethereum-uniswap-price-analysis-september-25-2021/
