Uniswap Price Prediction for Today, June 14 – UNI Technical Analysis

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Through the European session right this moment, the Uniswap worth prediction begins a progressive motion as the worth will increase barely.

Uniswap’s UNI Reaches $10.60 Amid Hypothesis of New Layer-2 Help

UNI, the native token of the decentralized change Uniswap, has soared by 9%, turning into the highest gainer within the crypto market right this moment. At the moment, UNI is buying and selling at $10.60, reflecting an 8.05% enhance previously 24 hours.

Uniswap Prediction Statistics Information:

Uniswap worth now – $10.52
Uniswap market cap – $6.2 billion
Uniswap circulating provide – 599.9 million
Uniswap complete provide – 1 billion
Uniswap Coinmarketcap rating – #17

UNI/USD Market

Key Ranges:

Resistance ranges: $14.0, $15.0, $16.0

Help ranges: $7.0, $6.0, $5.0

UNIUSD – Day by day Chart

UNI/USD bulls have been making an attempt to maneuver above the 9-day and 21-day shifting averages. The $10.0 help stage is the essential help the place the worth touched right this moment. In the meantime, the Uniswap worth has earlier trades round this stage earlier than making an upward motion and this makes the help stage a robust help zone.

Uniswap Worth Prediction: Can Uniswap Transfer to the Upside?

The Uniswap worth is more likely to rise extra if the bulls can defend the $10.0 stage; the coin could proceed its upward motion by breaking above the 21-day shifting common after maintaining the worth above the 9-day shifting common. Subsequently, any additional bullish motion could take the coin to the potential resistance ranges of $14.0, $15.0, and $16.0.

Nonetheless, as revealed by the day by day chart, the present prediction could also be invalidated ought to the bears break under the $10.0 stage, and the Uniswap worth could fall to the low of $7.0, $6.0, and $5.0 help ranges. Furthermore, the 21-day MA might have to remain above the 9-day MA; suggesting extra bullish actions.

UNI/BTC Might Transfer Bullishly

In opposition to Bitcoin, the Uniswap worth is at the moment buying and selling above the 9-day and 21-day shifting averages. Nonetheless, the bulls might have to extend the shopping for strain in order that the market worth may contact the closest resistance of 1800 SAT.

Uniswap Price Prediction for Today, June 14 – UNI Technical Analysis — UNIBTC – Day by day Chart

Subsequently, if the patrons may push the worth above the higher boundary of the channel, increased resistance may very well be discovered at 2100 and above. Furthermore, ought to the bulls fail to maneuver it upward, then, the closest help stage may very well be situated at 1100 SAT and under. Furthermore, the 21-day MA is seen hovering above the 9-day MA, which signifies that patrons could dominate the market.

On that observe, @BabyyBlockChain knowledgeable his followers on X (previously Twitter) that $UNI has damaged out of its downtrend channel 💥, anticipating additional upward motion towards the higher resistance zone.

$UNI a breakout from the downtrend channel 💥

Anticipating additional upward motion in the direction of the higher resistance zone

Lessgo bois 🚀 #CryptoAnalysis #Bullish pic.twitter.com/Y7wTpzZGyT

— Blockchain Babe (@BabyyBlockChain) June 14, 2024

Uniswap Alternate options

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