Uniswap Rallies Stall at $39 Resistance, Resumes Downward Correction

[Tnoy30]

UNI price rallied to a high of $39.51 on April 15 and made a pullback. The altcoin pulled back to the low of $35. Today, buyers are making a fresh uptrend.

In the previous price action, Uniswap was in a downward correction as price fluctuates between levels $28 and $32. In the previous price range, the altcoin rebounded above the $30 support to break the $32 resistance. This resulted in the present price level.

UNI/USD has resumed a fresh uptrend to retest or break the recent peak price of $39.51. The market can rise if buyers push UNI price above $39. If buyers are successful above the recent high, price will appreciate to $44 high. However, if buyers fail to scale above the current peak price, the market will fall and resume a downward correction.
Source: Uniswap Rallies Stall at $39 Resistance, Resumes Downward Correction