In the last 24 hours, Uniswap’s native token experienced a marked decrease due to volatile market conditions. The price movement of $ 7,119 to $ 6,532 indicates a substantial pressure down, amplified by macroeconomic factors such as the bassist trends in the market and the feeling of investors.
At the same time, microeconomic elements, including the latest Uniswap protocol advances and the strategic interest of cryptographic whales, provide counterweight support points, potentially avoid more price decreases. Despite the fall, long -term confidence could build as UNISWAP gains traction with its latest innovations, which suggests a strategic consideration of investors.
TECHNICAL ANALYSIS
- Uni Price collapsed from $ 7,119 to $ 6,532 in 24 hours.
- The intermediate support was found at $ 6.40, promoted by important negotiation volumes, according to the technical analysis data model of Coindesk Research.
- The price tried the recovery reaching a maximum of $ 6,595 but stabilized at $ 6,522 at 08:00.
- Constant lower highs observed throughout the session, which suggests a continuous bearish feeling.
External references
- “Uni Eyes $ 10 as the launch of UNISWAPX triggers the inverse H&S outbreak,” Crypto.news, published on May 29, 2025.
- “UNISWAP pricing prediction: is you ready for a bullish break?”, Published on May 29, 2025.
- “UNI pricing prediction for May 30: Momentum slows about $ 7.25 after the large break”, Coin edition, published on May 29, 2025.
- “What follows for this popular Token Defi? Uniswap (UNI) will march above $ 10 in next month?”, Published on May 29, 2025.
