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UNI Crypto | UNISWAP Technical Analysis

Uniswap is a well-known trading protocol decentralized in nature, renowned for its ability to facilitate the automated trading of decentralized finance (DeFi) tokens.

Uniswap is aiming to keep the trading of tokens completely automated and accessible to everyone who has tokens, while also increasing its efficiency in trading in comparison to the traditional exchanges.

 

The live UNI token price today is $18.19 with an intraday trading volume of $317,696,088. It is up 7.00% in the last 24 hours. With a live market cap of $11.40 Billion, the coin ranks in the top 20 coins list by CoinMarketCap.

 

The UNI coin price makes another attempt to rise above the supply zone at $20.  Moreover, the price action shows an expanding falling wedge pattern in the daily chart. The breakout of this pattern will reignite the bullish fire and can result in a 60% price jump.

Let’s have a deepened insight into the technical analysis of UNI Token and see what the indicators have to say about it.

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