Uniswap Price on the Rise: UNI Eyes Set on Further Gains

Jun 13, 2024 06:01 am Cryptocurrency 21

UNI price started a fresh increase above the $9.50 resistance. Uniswap is showing positive signs and might eye more upsides above the $10.00 resistance.

UNI started a fresh increase above the $9.50 resistance zone.

The price is trading above $9.60 and the 100-hourly simple moving average.

There is a key bearish trend line forming with resistance near $10.15 on the hourly chart of the UNI/USD pair (data source from Kraken).

The pair might aim for more upside if there is a clear move above the $10.20 resistance.

UNI Price Holds Support

After forming a base above the $8.75 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.

The price even cleared the $10.00 resistance zone. A high was formed at $10.32 before the price started a ..

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