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CoinGape
2022-09-12 16:58:04

Uniswap Price Faces Supply Pressure At $6.8; Is Correction Phase Not Over?

Uniswap Price Faces Supply Pressure At $6.8; Is Correction Phase Not Over?

The recent correction in Uniswap coin price stalled at the combined support of 0.618 Fibonacci retracement level and $5.7. Over the past two weeks, the altcoin rebounded from this support twice, indicating a high accumulation zone. However, the coin price struggling to surpass the $6.8 resistance creates a narrow range. Key points from Uniswap analysis: The post Uniswap Price Faces Supply Pressure At $6.8; Is Correction Phase Not Over? appeared first on CoinGape.

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