Analytics

Uniswap Price Analysis: $UNI Eyes $10 Amid Double Bottom Reversal

05.05.2024

Uniswap Price Analysis: The Bitcoin price upswing above $63000 on Saturday accelerated the recovery sentiment in the crypto market and uplifted several altcoins to double-digit gains. The resurgence of buying pressure bolstered the Uniswap token to rebound from $6.6 support, its second reversal within three weeks. An analysis of the daily chart shows this upswing as the formation of a double-bottom pattern indicating the potential for a higher rally in the near future.

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05.05.2024
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