Uniswap Bearish Trend Continues Despite Social Media Trendiness By CoinEdition
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Uniswap Bearish Trend Continues Despite Social Media Trendiness- dominates on social media platforms.
- However, analysis shows UNI is on a bearish trend.
- Indicators show the bearish trend might continue in the short term.
As the bulls struggle to restore market momentum, Uniswap’s price research indicates a continuation of the bearish trend. Currently trading below the $5.2 support level, the price appears susceptible to further declines if this level is unable to hold. The technical indicators for UNI are likewise bearish, showing that sellers are more inclined than buyers in the near future.
The post Uniswap Bearish Trend Continues Despite Social Media Trendiness appeared first on Coin Edition.
See original on CoinEdition
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Uniswap Bearish Trend Continues Despite Social Media Trendiness- dominates on social media platforms.
- However, analysis shows UNI is on a bearish trend.
- Indicators show the bearish trend might continue in the short term.
As the bulls struggle to restore market momentum, Uniswap’s price research indicates a continuation of the bearish trend. Currently trading below the $5.2 support level, the price appears susceptible to further declines if this level is unable to hold. The technical indicators for UNI are likewise bearish, showing that sellers are more inclined than buyers in the near future.
The post Uniswap Bearish Trend Continues Despite Social Media Trendiness appeared first on Coin Edition.
See original on CoinEdition
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