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

During
the
European
session
today,
the
Uniswap
price
prediction
begins
a
progressive
movement
as
the
price
increases
slightly.

Uniswap’s
UNI
Reaches
$10.60
Amid
Speculation
of
New
Layer-2
Support

UNI,
the
native
token
of
the
decentralized
exchange
Uniswap,
has
soared
by
9%,
becoming
the
top
gainer
in
the
crypto
market
today.
Currently,
UNI
is
trading
at
$10.60,
reflecting
an
8.05%
increase
in
the
past
24
hours.

Uniswap
Prediction
Statistics
Data:

• Uniswap
  price
  now
  –
  $10.52
• Uniswap
  market
  cap
  –
  $6.2
  billion
• Uniswap
  circulating
  supply
  –
  599.9
  million
• Uniswap
  total
  supply
  –
  1
  billion
• Uniswap
  Coinmarketcap
  ranking
  –
  #17

UNI/USD
Market

Key
Levels:

Resistance
levels:
$14.0,
$15.0,
$16.0

Support
levels:
$7.0,
$6.0,
$5.0

UNI/USD
bulls
have
been
attempting
to
move
above
the
9-day
and
21-day
moving
averages.
The
$10.0
support
level
is
the
critical
support
where
the
price
touched
today.
Meanwhile,
the
Uniswap
price
has
earlier
trades
around
this
level
before
making
an
upward
movement
and
this
makes
the
support
level
a
strong
support
zone.

Uniswap
Price
Prediction:
Can
Uniswap
Move
to
the
Upside?

The
Uniswap
price
is
likely
to
rise
more
if
the
bulls
can
defend
the
$10.0
level;
the
coin
may
continue
its
upward
movement
by
breaking
above
the
21-day
moving
average
after
keeping
the
price
above
the
9-day
moving
average.
Therefore,
any
further
bullish
movement
may
take
the
coin
to
the
potential
resistance
levels
of
$14.0,
$15.0,
and
$16.0.

However,
as
revealed
by
the
daily
chart,
the
current
prediction
may
be
invalidated
should
the
bears
break
below
the
$10.0
level,
and
the
Uniswap
price
may
fall
to
the
low
of
$7.0,
$6.0,
and
$5.0
support
levels.
Moreover,
the
21-day
MA
may
need
to
stay
above
the
9-day
MA;
suggesting
more
bullish
movements.

UNI/BTC
Could
Move
Bullishly

Against
Bitcoin,
the

Uniswap
price
is
currently
trading
above
the
9-day
and
21-day
moving
averages.
However,
the
bulls
may
need
to
increase
the
buying
pressure
so
that
the
market
price
could
touch
the
nearest
resistance
of
1800
SAT.

Therefore,
if
the
buyers
could
push
the
price
above
the
upper
boundary
of
the
channel,
higher
resistance
could
be
found
at
2100
and
above.
Moreover,
should
the
bulls
fail
to
move
it
upward,
then,
the
nearest
support
level
could
be
located
at
1100
SAT
and
below.
Moreover,
the
21-day
MA
is
seen
hovering
above
the
9-day
MA,
which
indicates
that
buyers
may
dominate
the
market.

On
that
note,
@BabyyBlockChain
informed
his
followers
on
X
(formerly
Twitter)
that
$UNI
has
broken
out
of
its
downtrend
channel
????,
anticipating
further
upward
movement
toward
the
upper
resistance
zone.

$UNI
a
breakout
from
the
downtrend
channel
????

Expecting
further
upward
movement
towards
the
upper
resistance
zone

Lessgo
bois
????

#CryptoAnalysis

#Bullish

pic.twitter.com/Y7wTpzZGyT

—
Blockchain
Babe
(@BabyyBlockChain)

June
14,
2024

Uniswap
Alternatives

The
Uniswap
price
is
likely
to
trend
upward
and
must
stay
above
the
9-day
and
21-day
moving
averages
to
counter
downward
pressure.
If
the
bulls
increase
buying
pressure,
the
coin
could
reach
the
resistance
level
of
$12.5.
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