Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»BITCOIN NEWS»UNI Price Prediction – After 25% rise, Uniswap turns attractive on the downside.
BITCOIN NEWS

UNI Price Prediction – After 25% rise, Uniswap turns attractive on the downside.

By Crypto FlexsNovember 24, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
UNI Price Prediction – After 25% rise, Uniswap turns attractive on the downside.
Share
Facebook Twitter LinkedIn Pinterest Email

UNI prices rose more than 25% and rose above $6.20. Uniswap is now consolidating gains and a near-term downside could be attractive for bulls.

  • UNI started a new rally above the $5.20 and $6.00 resistance levels.
  • The price is trading above $5.80 and the 100 simple moving average (4-hours).
  • A breakout occurred above the main bearish channel with resistance near $5.25 on the 4-hours chart of the UNI/USD pair (data source from Kraken).
  • The pair may correct lower, but the bulls may become active near the $5.60 and $5.55 levels.

UNI price regains strength

After forming a support base above $4.80, UNI began a new surge. Bulls were able to push the price of Uniswap above the $5.25 and $5.30 resistance levels, outperforming Bitcoin and Ethereum.

On the 4-hours chart of the UNI/USD pair, a breakout occurred above the main bearish channel with resistance near $5.25. The pair rose more than 25% and even rose above $6.20. A new multi-week high was made near $6.60 and the price is trending lower.

There was a move below the $6.25 level. Uniswap is currently approaching the 23.6% Fib retracement level, rising from a low of $4.83 to a high of $6.60.

UNI is still trading above $5.80 and the 100 simple moving average (4-hours). If there is a new price increase, the price may face resistance near the $6.40 level. The next major resistance is near the $6.60 level. A break above the $6.60 level could open the door to further gains in the near term.

Source: TradingView.com UNIUSD

The next major resistance could be near $6.88, above which a test of the $7.00 level is likely to be targeted. More gains could lead UNI to $7.20.

Does Uniswap support dips?

If UNI price fails to rise above $6.40 or $6.60, it could go lower. The first major support is near the $6.05 level. The next major support is near the $5.70 level.

Main support is near $5.55, or the 61.8% Fib retracement level, rising from a low of $4.83 to a high of $6.60. A break below the $5.55 support could open the door for an advance towards $5.00.

technical indicators

4-Hour MACD – The MACD for UNI/USD is losing momentum in bullish territory.

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

Key support levels – $6.05, $5.70 and $5.55.

Key resistance levels – $6.40, $6.60 and $7.00.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

France can break the EU password market with ‘atomic weapons’.

September 15, 2025

Expect what XRP ETF is approved by the SEC

September 9, 2025

Cardano founder says Chainlink quotes ‘ridiculous price’ to them.

September 3, 2025
Add A Comment

Comments are closed.

Recent Posts

Bringing 1R0R To R0AR Chain Unlocks New Incentives

September 16, 2025

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Vulnerability or orbit again? BTC has a line at $ 115K

September 16, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

France can break the EU password market with ‘atomic weapons’.

September 15, 2025

Cardano (ADA) Signal Recovery -Is there a strong rise?

September 15, 2025

BitMine Immersion (BMNR) Announces Crypto And Cash Holdings Of $10.8 Billion, ETH Holdings Exceeding 2.151 Million

September 15, 2025

How SWLMiner Could Help You Get The IPhone 17 Air

September 15, 2025

Metabuses are increasing again -Records in August +13k NFT users

September 15, 2025

Rabby Wallet integrates XRPL EVM chain with peersyst

September 15, 2025

Stop Dreaming About The Lottery. Join H Mining And Start Earning!

September 14, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Bringing 1R0R To R0AR Chain Unlocks New Incentives

September 16, 2025

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Vulnerability or orbit again? BTC has a line at $ 115K

September 16, 2025
Most Popular

US-listed Bitcoin and Ether ETFs recorded net inflows of $38.3 billion in launch year

December 28, 2024

Blockchain analytics company Chainalytic hires chief information security officer (CIO)

January 9, 2024

An Ethereum ETF could launch next week as Bitwise files an amended S-1 early

July 4, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

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