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Cryptopolitan 2021-08-24 05:04:20

Uniswap Price Analysis: UNI/USD hot in pursuit to breach the $30 resistance

TL;DR Breakdown Uniswap price analysis is bullish on today’s daily chart UNI/USD  traded between a tight low-volatility daily range on the 24 hours chart Uniswap price analysis is bullish on today’s daily chart after scattering the bears around the 20-day exponential moving average ($27.11). Uniswap price action took a gradual increase overnight and aggressively rallied to $29.02 before finding strong rejection around that point. We are expecting the altcoin to maintain an upward trajectory in the course of the day. On the contrary, the bears are working against the clock to defend the $30 price mark and are tirelessly trying to initiate a pullback towards the 20-day EMA.  The digital currencies market traded bullishly strong in the last 24 hours, with Bitcoin breaking the $50K barrier, Binance Coin hitting $500, and Cardano touching the $2.9 resistance line. Meanwhile, we anticipate that the market will continue rising, and the bulls will keep pushing higher.  UNI/USD 1-day price chart: Dropping volumes UNI/USD  traded between a tight low-volatility daily range on the 24 hours chart $28.57 – $29.02. Furthermore, daily total trading volumes decreased by 17 percent to $421,475,412. Meanwhile, the Uniswap market capitalization surged by 1.87 percent to $17.2 billion.  4-hour Uniswap price analysis: Bulls remain strong to beat $30 On the 4-hour Uniswap price analysis, UNI/USD is trying to brea...

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