您现在的位置是:Uniswap Price Bearish as it Drops Below $30 >>正文
Uniswap Price Bearish as it Drops Below $30
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛29157人已围观
简介UNI/USD has slid by nearly 12% amid widespread selling in the crypto marketUniswap (UNI) has correct...
UNI/USD has slid by nearly 12% amid widespread selling in the crypto market
Uniswap (UNI) has corrected 11.7% in the past 24 hours to dive to lows of $27 as the crypto market saw a widespread selloff.
The broader crypto market is seeing huge losses, with all the top cryptocurrencies declining by over 5%. Theta (THETA) and Polkadot (DOT) having seen the biggest losses of 15% and 14% respectively.
Litecoin (LTC) and XRP have also lost double-digits, while Bitcoin (BTC) and Ethereum (ETH) have dipped 6.95% and 7% to trade around $52,340 and $1,589 respectively.
Uniswap price outlook
The indecision shown on 22 March resolved downwards with bears taking the initiative to push prices lower. Uniswap (UNI) has broken below a bullish trend line and the 20-day exponential moving average at $29.83.
The sell-off below the horizontal support at $28 has even extended to intraday lows of $25.50. Bulls’ attempts to buy the dip and recover above $30 have so far hit a snag below the 100 SMA.
The technical picture suggests further declines are possible. The MACD continues to increase momentum in the bearish zone, while the RSI also gives bears the upper hand as it trends just above 44.
If UNI/USD drops past key support at $25.00, increased panic selling could accelerate the decline to the next cushion at $22.50. The main anchor in case of further downside action is at $20.00.
On the contrary, buyers could use the short-term correction towards $25.00 as an opportunity to embark on aggressive buying. This will likely drive Uniswap prices higher, with a flip above $28.00 the first positive sign.
If momentum sets UNI/USD past the strong overhead resistance at the 20-day EMA ($29.83), bulls could go for further gains above $30.00.
A clear breakout to the old ascending trend line will put Uniswap price near $33.00. From here, buy-side pressure is likely to push the token’s price to a daily close above the $35.00 hurdle. If this happens, UNI/USD could retest resistance at an all-time high of $36.41 reached on 23 March 2021.
In the short term, new targets in an uptrend would be $40 and then $42.00.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/12971.html
相关文章
Brazilian E
Uniswap Price Bearish as it Drops Below $30Despite the cryptocurrency sector facing a bleak future, Brazilian E-commerce giant MercadoLibre has...
阅读更多
Is Solana sol facing a catastrophic breakout from an inside
Uniswap Price Bearish as it Drops Below $30It’s an indecision moment as Solana trades at an oversold level of $13. The cryptocurrency has...
阅读更多
Is Ethereum Classic losing the technical battle at $34?
Uniswap Price Bearish as it Drops Below $30Ethereum Classic is trading slightly below key support of $34The token is expected to benefit from t...
阅读更多
热门文章
- Peregrine Moon Lander heading for fiery re
- Best Cryptos to Buy at Low Prices in December 2022
- SpaceX, Tesla highlights and plans on X; Starship tests successful
- Virtua expands its metaverse with the launch of the Monster Zone
- Berkeley researchers build humanoid that taught itself to walk
- The Nano SPEAR missile decoy can be thrown out of a window
最新文章
Top 4 gaming tokens to buy when the market returns
ChatGPT develops its first robot which can harvest tomatoes
Australian crypto exchange Swyftx to cut 45% of staff amid crypto winter
This Bill Gates
KPMG and HSBC Report Names Conflux as One of Asia’s Leading Crypto Projects
Terra (LUNA) pumps 210%: following in the footsteps of its sister asset LUNC