Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin’s growth can get stuck at $ 150k, here is why – Michael Saylor

2025-05-10

Ethereum – Price explodes beyond $ 2,200 with a 25% increase – Momentum builds up quickly

2025-05-10

Conor McGregor from UFC demands Bitcoin Reserve for Ireland: “Power to the People”

2025-05-10
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    ‘Nasdaq on Solana’ vision sees progress with opening bell launch

    2025-05-10

    Nexus launches an AI lab for safe and verifiable artificial inteligence

    2025-05-10

    Renta Network works together with thoughts to introduce AI-driven discovery into the Real-World Assets

    2025-05-10

    Decentralized AI Society to run Hypercycle Masternode

    2025-05-09

    Agi Open Network Partners with AI Sim for Smarter, faster AI agents

    2025-05-09
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Ethereum – Price explodes beyond $ 2,200 with a 25% increase – Momentum builds up quickly

    2025-05-10

    Arthur Hayes says that the crypto-bullmarkt is ready to continue, Bitcoin Path sketches to seven-digit price

    2025-05-10

    Chainlink keeps strong at $ 15.29 support – is a new breakout on your hands?

    2025-05-10

    NFT-Ecosystemtoken built on Solana (SOL) Hapert after obtaining surprise support from Binance Futures

    2025-05-09

    XRP analyst marks XDC for 3,350% starts as bullish statistics appear

    2025-05-09
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Uniswap’s UNI Price Could Rise Above $6 Soon – Here’s Why
Analysis

Uniswap’s UNI Price Could Rise Above $6 Soon – Here’s Why

2023-07-17No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Uniswap’s UNI started a decent gain over $5.35 against the US Dollar. The price is likely to continue above $6.00 and $6.20 in the near term.

  • UNI started a fresh increase after forming a base above the $4.75 level against the US Dollar.
  • The price is trading above $5.65 and the 100 simple moving average (4 hours).
  • There was a break above a major contracting triangle with resistance near $5.35 on the 4-hour chart of the UNI/USD pair (data source from Kraken).
  • The pair is likely to continue higher if it breaches the USD 6.00 and USD 6.20 resistance levels in the near term.

Uniswap’s UNI regains traction

After forming a support base above $5.00, UNI started another increase. The bulls were able to push the price of Uniswap above the $5.25 and $5.30 resistance levels, similar to Bitcoin and Ethereum.

There was also a break above a major contracting triangle with resistance near USD 5.35 on the 4-hour chart of the UNI/USD pair. The pair gained pace and tested the $6.30 zone. A high is forming near USD 6,291 and the price started a downside correction.

There was a break below the $6.00 level. UNI price tested the 50% Fib retracement level of the upward move from $5.09 low to $6.291 high.

Uniswap's UNI Prize

Source: UNIUSD at TradingView.com

The price is now trading above $5.50 and the 100 simple moving average (4 hours). On the upside, price is facing hurdles near $6.00 and $6.10. A close above the $6.10 level could open the door for more gains in the near term. The next key resistance could be near $6.30, above which the bulls are likely to seek a test of the $6.80 level. More winnings can send UNI to $7.00.

See also  XRP and Shiba Inu Rally are not over yet according to this indicator

dips supported?

If the UNI price does not rise above $6.00 or $6.20, it may fall further. The first major support is near the $5.70 level. The next major support is near the USD 5.50 level.

It is close to the 61.8% Fib retracement level of the upward move from the $5.09 low to the $6.291 high. A downside break below the $5.50 support could open the door for a push towards the key $5.10.

Technical indicators

4am MACD – The MACD for UNI/USD is gaining strength in the bullish zone.

4-hour RSI (Relative Strength Index) – The RSI for UNI/USD is well above the 50 level.

Main Support Levels – $5.65, $5.50 and $5.10.

Main resistance levels – $6.00, $6.30 and $6.80.

Source link

Heres Price Rise UNI Uniswaps
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum – Price explodes beyond $ 2,200 with a 25% increase – Momentum builds up quickly

2025-05-10

Arthur Hayes says that the crypto-bullmarkt is ready to continue, Bitcoin Path sketches to seven-digit price

2025-05-10

Chainlink keeps strong at $ 15.29 support – is a new breakout on your hands?

2025-05-10

NFT-Ecosystemtoken built on Solana (SOL) Hapert after obtaining surprise support from Binance Futures

2025-05-09
Add A Comment
Leave A Reply Cancel Reply

Top Posts

SEC extends comment period on Grayscale spot Ethereum ETF until 2024

2023-12-06

BIS says “highly coordinated” international efforts are needed to prevent regulatory arbitrage for stablecoins

2023-11-01

ETH Rally Increases Profitability to Nearly 70%

2024-09-29
Editors Picks

5 high-yield phygital NFT categories that will redefine ownership of physical assets in 2024

2024-11-05

From banks to hedge funds

2023-09-26

Crypto is collapsing. This is why…

2024-07-03

The NFT market remains sluggish despite the rise of crypto

2023-10-25
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin’s growth can get stuck at $ 150k, here is why – Michael Saylor

Ethereum – Price explodes beyond $ 2,200 with a 25% increase – Momentum builds up quickly

Conor McGregor from UFC demands Bitcoin Reserve for Ireland: “Power to the People”

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,567.840.09%
  • ethereumEthereum(ETH)$2,427.433.00%
  • tetherTether USDt(USDT)$1.000.04%
  • rippleXRP(XRP)$2.411.31%
  • binancecoinBNB(BNB)$652.361.90%
  • solanaSolana(SOL)$171.11-0.06%
  • usd-coinUSDC(USDC)$1.000.03%
  • dogecoinDogecoin(DOGE)$0.2266309.01%
  • cardanoCardano(ADA)$0.812.58%
  • tronTRON(TRX)$0.260015-1.54%
  • suiSui(SUI)$3.95-1.07%
  • chainlinkChainlink(LINK)$16.391.19%
  • avalanche-2Avalanche(AVAX)$24.534.67%
  • stellarStellar(XLM)$0.3053021.42%
  • shiba-inuShiba Inu(SHIB)$0.0000163.81%
  • hedera-hashgraphHedera(HBAR)$0.2080212.99%
  • hyperliquidHyperliquid(HYPE)$25.21-0.07%
  • the-open-networkToncoin(TON)$3.372.46%
  • bitcoin-cashBitcoin Cash(BCH)$420.302.18%
  • unus-sed-leoUNUS SED LEO(LEO)$8.67-0.74%
  • polkadotPolkadot(DOT)$5.056.89%
  • litecoinLitecoin(LTC)$102.392.84%
  • moneroMonero(XMR)$326.947.20%
  • bitget-tokenBitget Token(BGB)$4.939.45%
  • pepePepe(PEPE)$0.0000132.18%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.73-2.05%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$6.684.57%
  • bittensorBittensor(TAO)$445.672.31%
  • nearNEAR Protocol(NEAR)$3.002.52%
  • aptosAptos(APT)$5.771.81%
  • aaveAave(AAVE)$221.385.34%
  • okbOKB(OKB)$54.520.80%
  • ondo-financeOndo(ONDO)$1.030.32%
  • ethereum-classicEthereum Classic(ETC)$19.572.00%
  • internet-computerInternet Computer(ICP)$5.461.29%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.07-3.36%
  • kaspaKaspa(KAS)$0.1054111.05%
  • gatechain-tokenGateToken(GT)$22.130.31%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2581760.46%
  • crypto-com-chainCronos(CRO)$0.100448-2.10%
  • render-tokenRender(RENDER)$5.153.07%
  • vechainVeChain(VET)$0.0306992.92%
  • mantleMantle(MNT)$0.77-0.57%
  • ethenaEthena(ENA)$0.381639-1.73%
  • usd1World Liberty Financial USD(USD1)$1.000.00%
  • algorandAlgorand(ALGO)$0.2391581.57%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.86-0.04%
  • filecoinFilecoin(FIL)$3.060.67%
  • bitcoinBitcoin(BTC)$103,567.840.09%
  • ethereumEthereum(ETH)$2,427.433.00%
  • tetherTether USDt(USDT)$1.000.04%
  • rippleXRP(XRP)$2.411.31%
  • binancecoinBNB(BNB)$652.361.90%
  • solanaSolana(SOL)$171.11-0.06%
  • usd-coinUSDC(USDC)$1.000.03%
  • dogecoinDogecoin(DOGE)$0.2266309.01%
  • cardanoCardano(ADA)$0.812.58%
  • tronTRON(TRX)$0.260015-1.54%
  • suiSui(SUI)$3.95-1.07%
  • chainlinkChainlink(LINK)$16.391.19%
  • avalanche-2Avalanche(AVAX)$24.534.67%
  • stellarStellar(XLM)$0.3053021.42%
  • shiba-inuShiba Inu(SHIB)$0.0000163.81%
  • hedera-hashgraphHedera(HBAR)$0.2080212.99%
  • hyperliquidHyperliquid(HYPE)$25.21-0.07%
  • the-open-networkToncoin(TON)$3.372.46%
  • bitcoin-cashBitcoin Cash(BCH)$420.302.18%
  • unus-sed-leoUNUS SED LEO(LEO)$8.67-0.74%
  • polkadotPolkadot(DOT)$5.056.89%
  • litecoinLitecoin(LTC)$102.392.84%
  • moneroMonero(XMR)$326.947.20%
  • bitget-tokenBitget Token(BGB)$4.939.45%
  • pepePepe(PEPE)$0.0000132.18%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.73-2.05%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$6.684.57%
  • bittensorBittensor(TAO)$445.672.31%
  • nearNEAR Protocol(NEAR)$3.002.52%
  • aptosAptos(APT)$5.771.81%
  • aaveAave(AAVE)$221.385.34%
  • okbOKB(OKB)$54.520.80%
  • ondo-financeOndo(ONDO)$1.030.32%
  • ethereum-classicEthereum Classic(ETC)$19.572.00%
  • internet-computerInternet Computer(ICP)$5.461.29%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.07-3.36%
  • kaspaKaspa(KAS)$0.1054111.05%
  • gatechain-tokenGateToken(GT)$22.130.31%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2581760.46%
  • crypto-com-chainCronos(CRO)$0.100448-2.10%
  • render-tokenRender(RENDER)$5.153.07%
  • vechainVeChain(VET)$0.0306992.92%
  • mantleMantle(MNT)$0.77-0.57%
  • ethenaEthena(ENA)$0.381639-1.73%
  • usd1World Liberty Financial USD(USD1)$1.000.00%
  • algorandAlgorand(ALGO)$0.2391581.57%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.86-0.04%
  • filecoinFilecoin(FIL)$3.060.67%