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Market Cap:
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CoinGape
2022-01-06 13:14:27

UNI Price Analysis: Uniswap Token Still Trapped In A Descending Broadening Wedge

UNI Price Analysis: Uniswap Token Still Trapped In A Descending Broadening Wedge

After bouncing from the $14 support, the UNI token price obtained strong bullish momentum aiming to escape the falling wedge with a bullish breakout. However, the price could surpass the descending trendline, which dumped the price back to the bottom levels. UNI Key technical points: The 50-day EMA line provides dynamic resistance to UNI token The post UNI Price Analysis: Uniswap Token Still Trapped In A Descending Broadening Wedge appeared first on CoinGape.

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