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      Uniswap (UNI) coin price to cross $100? - Stocks Telegraph

      By Muskan

      Published on

      July 12, 2021

      5:04 AM UTC

      Uniswap (UNI) coin price to cross $100? - Stocks Telegraph

      Uniswap (UNI) has reversed its downward trajectory and began moving upwards towards the end of June. The cryptocurrency has been oscillating up and down but moving upwards largely. At the time of writing, Uniswap stands at a price level of $21.25. The price has increased by 6% in the past twenty-four hours while it has declined in the past seven days. The daily trading volume is also dropping.

      Uniswap (UNI) technical analysis

      The market sentiment for cryptocurrency is bullish. Out of the total twenty-six technical indicators, eleven are giving out an indication of buy with ten standing at a neutral position and only five indicators bearish at a sell signal. Both the oscillators and moving averages are bullish in general.

      Uniswap (UNI) technical analysis
      Uniswap (UNI) technical analysis

      Uniswap (UNI) had been operating with an ascending trend line earlier; however, the recent price movements show that the cryptocurrency may have broken off from the upward trend. At the time of writing, UNI coin appears to be oscillating between two major price levels which lie at the Fibonacci retracement levels – the support at $19 and the resistance at $21. The upcoming price action will be determined by which of these price levels will prove to be stronger. If the support fails, then subsequent supporting levels can be found at $18 followed by $16 and $14. If the resistance is broken then the next will lie at $24.

      Uniswap (UNI) coin price prediction

      The long-term price prediction for UNI crypto are bullish. According to the projections of Wallet Investor, Uniswap crypto is expected to be priced at $62 after a year’s time while the five-year projection shows a price level of $227. The price prediction of Digital Coin Price is similar although not as much bullish. Per their projections, UNI crypto will end the year at $31.5 while the price in 2028 is expected to be $96.

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