Uniswap Dragged -15.2% in the Last Seven Days Trading at $3.08

  • The coin trading at the level of $3.08 losses -3.38% in the last 24-hours and -15.2% in the last seven days 
  • The coin is in bearish momentum as making lower highs over the monthly chart 
  • The volume traded in the last 24-hours is $383,307,684 and the market capitalization stands at $623,260,768
uni 01
Source:tradingview

Over the monthly chart, UNI has a high of $8.44 and the low is of $0.418, the coin is in bearish momentum as trading in a downtrend after making the high and it makes the lower highs and highs on the 4-hours candlestick chart. However, some price recovery makes the coin to recover but recovery can`t sustain and the downtrend is pulling the price of the cryptoasset. 

The coin trading at $3.08 with a 24-hour trading volume of $383,307,684. Uniswap is down -3.48% in the last 24 hours. The current CoinMarketCap ranking is 31, with a market capitalization of $623,260,768. The coin has minor support at $2.90 and the low of $2.48 of the coin acts as the support for it.

uni03
Source:tradingview

Moving Average (MA) of the coin gave a negative crossover on Tuesday trading session, the crossover of 10 MA over the MA indicates the bearish momentum in the coin, however, the coin is above the 30 MA. If the coin breaks the 30 MA line we can expect more downfall in the coin. 

5 Day Moving Average: $3.1228

10 Day Moving Average: $3.1677

30 Day Moving Average:$3.1245

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Pratik Chadhokar
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.

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