Uniswap Price Analysis: Bears want to pull UNI/USD price to 20-day EMA at $26

TL;DR Breakdown Today’s Uniswap price analysis is bearish UNI/USD traded within a daily range of $27.5 – $28.5. UNI/USD is completing the handle of a cup with a handle pattern, with the cup’s bottom at $26.30 Today’s Uniswap price analysis is bearish after the coin underwent a 2.34 percent retracement to the $28.126 support level. Uniswap price action got rejected at $29.724 as the bulls attempted to breach the $30 barrier. We are expecting the altcoin to reverse towards the 20-day exponential moving average at $26.50. A zone where the bulls will be able to consolidate sufficient strength and price stability to breach through take-profit sellers near $30.  Uniswap price movement in the last 24 -hours: Low volatility?  According to our Uniswap price analysis, UNI/USD traded within a daily range of $27.5 – $28.5. Such a tight range suggesting low volatility across the daily chart. Uniswap’s trading volume faced a 9.40 percent plummet to a total of $400 million. The total market capitalization stands at $17.7 billion after a 1.35 percent drop in the last 24 hours.  4-hour Uniswap Price Analysis: Bulls aim for $30 On the 4-hour Uniswap price analysis, UNI/USD is completing the handle of a cup with handle pattern, with the cup’s bottom at $26.30 and the handle already aimed towards the $27 region. The bulls seem persistent to set a new high on the 24-hour chart, but their consolidation phase fa...