Cryptopolitan
2021-09-09 20:17:23

Uniswap price analysis: Bulls regain stability at $24.2 after sharp loss

TL;DR Breakdown The latest Uniswap price analysis shows bullish progress.Price levels have driven past $24 today.Uniswap to pursue higher levels as support is $20.21. The Uniswap price analysis is indicating a major improvement in the UNI/USD value today. There are positive signs for the buyers as the market has experienced a growing bullish momentum in the past few hours. The bulls have been able to push past the $24 level, as they have successfully defeated the bears in their feat. The price levels have been regulating vividly, and a further rise in price can be expected quite soon. UNI/USD 1-day price analysis: Bulls hold price levels after substantial damage The 1-day Uniawap price analysis shows that the coin value has undergone significant devaluation recently as most of the altcoins. The last few days have been critical and they brought a noteworthy difference in the price value as the bearish momentum was at peak. Yet, the bulls have been able to restore back some momentum to reach the higher low of $24 value today. There is still a long way to go till the price covers the moving average (MA) ratio i.e. $28. UNI/USD 1-day price chart. Source: TradingView As the volatility is on the rise, the Bollinger bands have reached the following values; the upper band is at $31.2, while the lower band is at $23.5. Meanwhile, the Relative Strength Index score has also seen a recovery in the last 24-hours as it has now increased up...

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