Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Decentralized Exchanges (DEX) => Uniswap => Topic started by: Cz Rock on May 22, 2021, 02:49:32 PM
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Uniswap (UNI) has dropped massively to as low as $15 on May 19. Nevertheless, the bulls bought the dips as price corrected upward. The upward correction was stalled at the $28 high.
Today, the downtrend has continued as the altcoin declines to the previous low at $15. On the downside, if the support at $15 holds, the altcoin is likely to be range-bound between $15 and $28. Perhaps, a rebound above the $15 support will propel price to retest the initial resistance at $28. UNI will resume an upward move if the resistance at $28 is breached. Conversely, if the bears break the current support at $15, UNI will be weakened.
More information To click here (https://cryptonews.net/en/news/analytics/684132/)