您现在的位置是:Uniswap price prediction amid full NFT integration plans >>正文
Uniswap price prediction amid full NFT integration plans
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛3人已围观
简介Uniswap has hinted at plans for a Full Sudoswap SupportUniswap token is under pressure but remains i...
Uniswap has hinted at plans for a Full Sudoswap Support
Uniswap token is under pressure but remains in an uptrend
$5.6 is the immediate level to watch should weakness continue
Uniswap UNI/USD is correcting after the recent gains that saw the token top $7.70 on July 19. The token has been largely consolidating since July 16. A breakout of the key levels seems unlikely as weaknesses continue to grow.
The latest weakness in the Uniswap token comes amid positive developments on the network. On June 22, Uniswap’s head of NFT products, Scott Lewis, announced plans for Full Sudoswap Support. The integration of Sudoswap, an NFT exchange, will allow the trading of NFTs on the platform. The trading is indicated to start around the fall.
The full integration of NFTs through Sudoswap support is positive for Uniswap and its native token. That would detach Uniswap from other platforms such as OpenSea for NFTs. The integration will also enable NFT DEXs and other products on the platforms. The developments strengthen the use cases of UNI.
The news, of course, complements the latest development where the UNI token was listed on Robinhood. We believe UNI is only correcting after the latest gains, and investors should consider buying lower.
Uniswap corrects at a minor resistance as weakness grow
Source – TradingView
Technically, UNI remains on an uptrend despite the latest weakness. The cryptocurrency met a minor resistance at $7.4 and is dropping lower. The MACD line is closing below the moving average, indicating a bearish pressure.
We believe UNI will continue dropping to find support at $5.6. A further drop to $4.1 support will depend on the prevailing crypto sentiment. However, we believe UNI has strong fundamentals to make a comeback. Investors should monitor the token.
Summary
Uniswap is bearish but remains solid on an uptrend. Technical indicators suggest a further price drop. Investors should watch for a bullish reversal at $5.6.
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/832462.html
相关文章
BTC stays above $20k despite losing 5% of its value this week
Uniswap price prediction amid full NFT integration plansThe cryptocurrency market has performed well this week, with the total market cap now above $900 bil...
阅读更多
Gala Games (GALA) coin price jumps 19%: is it time to buy?
Uniswap price prediction amid full NFT integration plansWhile the market has been trading sideways over the past few weeks, several metaverse coins have see...
阅读更多
KuCoin hits 20M client milestone, records 219% increase y/y
Uniswap price prediction amid full NFT integration plansWorld-leading cryptocurrency exchange KuCoin has reached an important milestone: it now has 20 milli...
阅读更多
热门文章
- Vienna And Singapore Stock Exchanges Support Cryptocurrency
- OKCoin First US Exchange To List Avalanche
- BTC/USD holds $11,000 support but bears are desperate for further damage
- Robinhood reintroduces its instant deposit for crypto purchases feature
- Cayman Islands Removed From EU Blacklist
- Internet Computer (ICP) medium
最新文章
Investing $100 in crypto: The best tokens to consider
Russian oligarchs might not fancy crypto to evade sanctions, says Coinbase CEO
Crypto analyst predicts a bear run for Ether in the long
SoFi CEO says his family owns BTC and ETH
Best Cheap Tokens to Buy in February
Uniswap token escapes consolidation zone with a chance to ride up to $8.0