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NewsBTC 2022-09-29 23:33:18

Uniswap (UNI) Leads Gains Among Top Coins

Uniswap (UNI) has led growth and gains among other top coins in the last 7 days. The price has been moving northward in the past week, with other top coins following suit. From the technicality outlook, the coin’s current support zone has been between 6.25 and 6.35, respectively. As of writing, CoinMarketCap has shown the token trading at $6.35, enjoying a 12.07% weekly gain in value. Related Reading: Bitcoin 30-Day Long-Term Holder SOPR Is Yet To Hit Bottom Values The digital asset is one of the leading gainers as it has been able to break past its $6.00 support level. While it slipped below its mark during the week, it quickly bounced back, going up to $6.6 on Tuesday. Uniswap Price Analysis UNI was trading at $5.69 in the past week. The bulls have been constantly defeated at the resistant mark by other coins. Many believed that if Uniswap continued to witness fewer demands, it would lose most of Its gains. However, it surged in price in the last 24 hours and led to gains. If UNI eventually falls below the $6.29 level, it will be reduced to $6.00. This indicates the amount of bearishness it would be for the UNI. However, if it continues leading gains, trading will rise, and the buying strength will keep increasing. Moreover, the overhead resistance, for now, is at $6.29. Uniswap (UNI) Technical Analysis UNI has been increasing and decreasing in the trading rate due to the unstable value. This occurred as a result of the coin...

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