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    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    Best Crypto Exchange Affiliate Programs in 2023

    What does Crypto Index fund Means and How to Invest?

    What does Crypto Index fund Means and How to Invest?

    Who Will Reach $1 First In 2023?

    Who Will Reach $1 First In 2023?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Analysis
    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250

    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

    Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

    Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam

    Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

    Ethereum Price Another Rejection Signals Risk of Bearish Reaction

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Rallies 10%, Polygon Bulls Aim Big

    Rallies 10%, Polygon Bulls Aim Big

    XRP Whales Accumulate Massive Tokens

    XRP Whales Accumulate Massive Tokens

    Solana Rally Could Gather Pace above $30

    Solana Rally Could Gather Pace above $30

    BNB Price Rebounds Toward $250 But Risk of Drop To $200 Still Exists

    Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

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    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    Best Crypto Exchange Affiliate Programs in 2023

    What does Crypto Index fund Means and How to Invest?

    What does Crypto Index fund Means and How to Invest?

    Who Will Reach $1 First In 2023?

    Who Will Reach $1 First In 2023?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Analysis
    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250

    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

    Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

    Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam

    Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

    Ethereum Price Another Rejection Signals Risk of Bearish Reaction

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Rallies 10%, Polygon Bulls Aim Big

    Rallies 10%, Polygon Bulls Aim Big

    XRP Whales Accumulate Massive Tokens

    XRP Whales Accumulate Massive Tokens

    Solana Rally Could Gather Pace above $30

    Solana Rally Could Gather Pace above $30

    BNB Price Rebounds Toward $250 But Risk of Drop To $200 Still Exists

    Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

  • Play2Earn
    Eve Online Coming to the Blockchain?

    Eve Online Coming to the Blockchain?

    Pre-Register for WAGMI Defense – Play to Earn

    Pre-Register for WAGMI Defense – Play to Earn

    Pre-register for Early Access to StarGarden

    Pre-register for Early Access to StarGarden

    Prepare for Mobox 2.0 – Play to Earn

    Prepare for Mobox 2.0 – Play to Earn

    Hunters On-Chain Final Genesis Hunter T1 Mint

    Hunters On-Chain Final Genesis Hunter T1 Mint

    Mint a Free Character NFT for Tearing Spaces

    Mint a Free Character NFT for Tearing Spaces

    Blast Royale Free Mint March 27th

    Blast Royale Free Mint March 27th

    Yuga Labs Announces Second Trip to the Otherside

    Yuga Labs Announces Second Trip to the Otherside

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A Long-range Bullish Divergence Confirms The Price Floor, Signaling An Uptrend for UNI Token

2021-10-22
in Altcoins
0
Uniswap, Polkadot Price Analysis: September 29, 2021
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A latest surge in Ethereum transaction charges results in a rise in layer-2 volumes for UNISWAP, probably the most well-known and liquid decentralized crypto alternate. In line with information sources from Nomics, an information analytics supplier, UNISWAP V3 introduced in 80 million USD in quantity in Arbitrum in comparison with 14 million USD on Optimism.

L2beat, a Layer-2 information aggregator present data of Arbitrum representing 60% of the TVL-Complete worth locked throughout Layer-2 following its mainnet launch in September.

Let’s analyze the value charts of the UNIUSDT crypto pair, ranging from a weekly chart overview.

UNISWAP (UNI) Weekly Chart Evaluation

The UNIUSDT worth chart had its fair proportion of the all-around crypto worth hunch revealed as a set off from a bearish divergence sample.

Following the 67% worth hunch, the UNIUSDT slowly makes an attempt a worth restoration whereas buying and selling inside a side-ways chart construction.

An earlier climb within the RSI worth above level-75 on 09 August hints on the bullish restoration and a build-up of worth trajectory above the higher bounds of the bearish divergence resistance.

UNISWAP (UNI) Each day Chart Evaluation

Above is a every day chart overview of the UNIUSDT breaking above the higher pattern line of an increasing and descending channel that’s shaped by countering bearish and bullish divergence indicators on 26 Sep and 02 October.

The latest breakout of inside-bar resistance marks a begin of upper worth targets for the UNI token as the value threatens to interrupt a second bearish divergence resistance degree at $27.99.

UNISWAP (UNI) 4HR Chart Evaluation

The UNISWAP UNI token indicators a daily bearish divergence on 16 October 12:00, sending the UNIUSDT right into a correction wave of about [10%].

A protracted-range hidden bullish divergence on 18 October 12:00 confirms the value ground following a bear-trap candlestick sample. 

The bullish divergence sample shaped with the RSI within the oversold space, additionally confirms a parabolic upward trajectory on the every day time-frame because the every day RSI studying stays above level-25.

UNISWAP (UNI) Intraday Ranges

  • Spot fee: 27.12
  • Mid–Time period Pattern [H4]: Robust Bullish
  • Volatility: Excessive
  • Help: $24.85 and $22.30
  • Resistance:  $27.99  



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