{"id":13292,"date":"2022-11-24T23:00:49","date_gmt":"2022-11-24T23:00:49","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/11\/24\/has-uniswap-uni-usd-become-bearish-after-this-price-action\/"},"modified":"2022-11-24T23:00:49","modified_gmt":"2022-11-24T23:00:49","slug":"has-uniswap-uni-usd-become-bearish-after-this-price-action","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/11\/24\/has-uniswap-uni-usd-become-bearish-after-this-price-action\/","title":{"rendered":"Has Uniswap (UNI\/USD) become bearish after this price action?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/09\/1663861049080-efc16064-a013-4d3b-a903-f79499751ee7-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/09\/1663861049080-efc16064-a013-4d3b-a903-f79499751ee7-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/09\/1663861049080-efc16064-a013-4d3b-a903-f79499751ee7-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/09\/1663861049080-efc16064-a013-4d3b-a903-f79499751ee7-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2022\/09\/1663861049080-efc16064-a013-4d3b-a903-f79499751ee7.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Uniswap has declined by 6% previously week.<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">UNI has misplaced a key assist.<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">The cryptocurrency is bearish, however there are bullish indicators.<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/uniswap\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>Uniswap<\/u><\/a> (UNI\/USD) has been beneath strain recently. The cryptocurrency was amongst those who have been least shaken by the FTX collapse. The strengths have been supported by merchants\u2019 exodus to decentralised exchanges. Days after the collapse, Uniswap grew to become the second largest trade on Ethereum buying and selling volumes after Binance.<\/p>\n<p dir=\"ltr\">However, the Uniswap token is now beneath strain. A lack of 6% previously week took the cryptocurrency to $4.9, dropping an vital $6.0 assist zone. Clearly, the bears have the higher hand after the cryptocurrency broke beneath the important thing degree. The cryptocurrency recovered barely by 1.50% on Thursday.<\/p>\n<p dir=\"ltr\">But there are constructive developments that would improve the utility of Uniswap\u2019s token. A Messari report on November 21 indicated that Uniswap was exploring a brand new product line. The report indicated that Uniswap would spend $165 million within the endeavour. That will see the introduction of swaps by means of Sudoswap and Genie XYZ acquisitions. The addition of swaps is predicted to reinforce Uniswap\u2019s liquidity and increase the utility of the native token.<\/p>\n<h2 dir=\"ltr\"><strong>Uniswap evaluation and technical outlook<\/strong><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/10\/24\/1669324272934-8458ecf7-c18e-425c-bdff-f9d57850a05a.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"306\"\/><\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/www.tradingview.com\/symbols\/UNIUSD\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>UNI\/USD Chart by TradingView<\/u><\/a><\/p>\n<p dir=\"ltr\">On the every day chart, UNI is buying and selling with weakening momentum. The MACD indicator is bearish because the cryptocurrency slipped beneath the $5.6 degree.\u00a0<\/p>\n<p dir=\"ltr\">The RSI studying is beneath the midpoint. The cryptocurrency is but to enter the oversold degree however is beneath the management of bears.<\/p>\n<h2 dir=\"ltr\"><strong>What subsequent for UNI?<\/strong><\/h2>\n<p dir=\"ltr\">The bias is bearish for\u00a0<a href=\"https:\/\/coinjournal.net\/uniswap\/price\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>UNI price<\/u><\/a> in the mean time. However, the cryptocurrency is moderately uneven moderately than extraordinarily bearish. If the bear momentum mounts, the subsequent degree to look at might be $4.1.<\/p>\n<p dir=\"ltr\">On the flip aspect, the slight restoration beneath the support-turned-resistance might ignite a bullish push for UNI. A sustained upside will enable consumers to take the price above the $5.6 zone.\u00a0<\/p>\n<h2 dir=\"ltr\"><strong>Where to purchase UNI<\/strong><\/h2>\n<h3>\n    eToro<\/h3>\n<p>eToro presents a variety of cryptos, reminiscent of Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro customers can join with, study from, and duplicate or get copied by different customers.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=OTUwODI&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy UNI with eToro today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<h3>\n    Bitstamp<\/h3>\n<p>Bitstamp is a number one cryptocurrency trade which presents buying and selling in fiat currencies or well-liked cryptocurrencies.<\/p>\n<p>Bitstamp is a completely regulated firm which presents customers an intuitive interface, a excessive diploma of safety on your digital belongings, glorious buyer assist and a number of withdrawal strategies.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/bitstamp-crypto?guid=OTUwODI&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy UNI with Bitstamp today            <\/a>\n    <\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/has-uniswap-become-bearish-after-this-price-action\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Uniswap has declined by 6% previously week. UNI has misplaced a key assist. The cryptocurrency is bearish, however there are bullish indicators. Uniswap (UNI\/USD) has been beneath strain recently. The cryptocurrency was amongst those who have been least shaken by the FTX collapse. The strengths have been supported by merchants\u2019 exodus to decentralised exchanges. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9229,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[649,40,110,967,4362],"class_list":["post-13292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-action","tag-bearish","tag-price","tag-uniswap","tag-uniusd","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/13292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=13292"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/13292\/revisions"}],"predecessor-version":[{"id":13293,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/13292\/revisions\/13293"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/9229"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=13292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=13292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=13292"}],"curies":[{"name":"wp","href":"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