1
Uniswap price faced profit booking and lost over 15% this week.
2
Technical indicators suggest a significant rebound ahead.
The Uniswap price hovering near the 50 day EMA throughout this week and witnessing consolidation price movements on the charts. The price action shows the lower low structure and that investors have been consistent in profit booking, which led to a decline of over 28% last month. After a sharp 130% rally in March, UNI reached the $15 mark.
At press time, the Uniswap token (UNI) price was trading at $11.24 with an intraday gain of 1.75%, reflecting neutrality on the charts. It has a monthly return ratio of -24.30% and 86.89% on a yearly basis. The pair of UNI/BTC is at 0.000162 BTC, and the market cap is $9.88 Billion. Analysts are neutral and suggest that the UNI token price may retain strength and retest the upside mark of $15 soon.
UNI Price Volume Profile Analysis
Trading volume declined by over 550% in the past tw
We współpracy z: https://www.thecoinrepublic.com/2024/04/07/uniswap-price-prediction-can-uni-cross-trendline-hurdle-of-12/
