UNI Technical Analysis 2024
Key Insights
- The UNI cryptocurrency asset experiences an upward trend
- A temporary decline in value may be in sight
- Price prediction for UNI cryptocurrency
As of writing, UNI holds the 17th position on the CoinMarketCap ranking with a market cap of $6,583,437,182.
UNI Technical Analysis
After coming out of a prolonged consolidation, the price of the asset set a new local maximum.
The uptrend started at $6.954, and in one trading day the asset reached its highs, rising to $12.633, which is an increase of more than 81%. At the moment, according to the analysis of trading volumes, the price of the asset has encountered volume resistance.
UNI Price Prediction
In the current situation, the upward trend of the asset price is expected to continue, but with a probable correction and temporary decline in value.
After such correction and strengthening of support levels, a confident rebound of the price is possible, as well as a shift of the trading volume control point (POC) higher. This may signal the renewal of local highs and continuation of the uptrend.
Users can get UNI for fiat or crypto on SimpleSwap.
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