Uniswap Price Decline May Bring Fresh Buying Opportunities For Traders
Over the past few days, the Uniswap price has been trading sideways with minor losses. On the daily time frame, the coin has only moved up by 0.4%, indicating consolidation. Unfortunately, in the last week, UNI has lost almost 2% of its value. For the past couple of weeks, Uniswap’s trading range has been limited between $5.51 and $5.90, respectively. If the price moves above $5.90, the buyers will be in control of the altcoin’s price. At the time of writing, the technical outlook of UNI indicated the presence of bearish forces. The demand and accumulation of the altcoin....
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Uniswap price is consistently travelling southward on the one-day chart. UNI’s bulls have not been able to break past its immediate support, causing traders to lose confidence. Over the last 24 hours, Uniswap lost 4% of its value. In the past week, UNI surged 4% on the one-day chart. The technical outlook of UNI remained mixed with some signals pointing toward the bears taking over the market. The coin’s current support zone was between $5.60 and $5.00, respectively. The bulls have constantly attempted to break past the $5.94 level. This has caused buyers to leave the market as....
The largest decentralized exchange (dex) platform by global trade volume, Uniswap, is looking to raise between $100 and $200 million, according to a report citing people familiar with the company. The funding round is currently in a nascent stage as the report claims Uniswap has been “engaging with a number of investors.”
Sources Say Uniswap Is Eyeing a Fresh Capital Raise From Investors Like Polychain
According to four unnamed sources familiar with the matter, Uniswap is eyeing fresh capital from investors. The news stems from a report published by Tech Crunch....
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In a fresh post shared on X, crypto analyst First1Bitcoin drew attention to Uniswap’s (UNI) recent market behavior, noting that the token appears to be gaining strength following an extended period of sideways movement. According to the analyst, this prolonged accumulation phase may be setting the stage for a significant breakout. The chart, as highlighted in the post, is beginning to show encouraging signs of bullish pressure. With price tightening near key resistance levels, the conditions appear ripe for a potential upward surge, provided that buying momentum continues to build. Key....