UNI Price Prediction – Uniswap Turns Green and Eyes More Upsides

May 27, 2024 06:01 am Cryptocurrency 132

UNI price started a decent increase above the $$10.00 resistance. Uniswap is showing positive signs and might eye more upsides above the $11.75 resistance.

UNI started a fresh increase above the $10.00 resistance zone.

The price is trading above $11.00 and the 100-hourly simple moving average.

There was a break above a connecting bearish trend line with resistance near $9.50 on the hourly chart of the UNI/USD pair (data source from Kraken).

The pair might correct gains, but the bulls might eye more upsides above $11.75 in the near term.

UNI Price Holds Gains

After forming a base above the $8.80 level, Uniswap started a fresh increase like Bitcoin and Ethereum. UNI price gained pace for a move above the $9.20 and $9.50 resistance levels.

There was a break above a connecting bearish trend line with resistance near $9.50 ..

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