Uniswap price is forming lower-highs and higher-lows in daily price scale.
UNI price is going to hit the resistance trendline in the ongoing bullish trend.
The ideological round level of $10 still remains to be broken by buyers.
Uniswap price spotted in buyer’s hands as price action suggesting the strong positive structure. Although, digital token has been decreasing down since its all-time high zone along with lower-highs trend in higher time frame. In contrast, after reversing from yearly bottom level, buyers try to dominate UNI token and price action makes higher-lows.
Bulls and bears both barely maintain their dominance on UNI tokens. Because of weak crypto market spirit, crypto prices are getting their steps back until the support trendline. Buyers are waiting for the trendline retest to attempt the trend reversal once again. At this point, bulls must have liquidated funds to put in the market, otherwise, prices may fall sharply soon.
Source: UNI/USDT by Tradingview
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We współpracy z: https://www.thecoinrepublic.com/2022/11/09/uniswap-price-prediction-bears-aim-to-break-suport-trendline-market-sentiments-are-weak/
