Uniswap Price Prediction – Why it Will Back Up 1000% ? – Uniswap Price 2021 – Should i Buy Uniswap

Uniswap Price Prediction: Recovery Depends
on Bullish Break Above $29 Markets always dip and rise, according to
the waves of an ocean. Charles Dow taught us this nearly a century
ago. The Uniswap price prediction is for the token
to recover, given its strong fundamentals. However, recovery may be slow and really depends
on the bulls surpassing certain price milestones, such as the $29.00 mark. One thing going for Uniswap is that today’s
recovery bounce has been strong, unlike some other tokens. Uniswap’s dip presented an excellent opportunity
for those who missed the earlier ride to get in, following accumulation by bulls at the
$19 price mark.

This was the site of previous support levels
found on 15/23 February. The 22% recovery on the day could provide
a strong case for the next support to be breached. Technical Levels to Watch
Having bounced off the 61.8% Fibonacci retracement level from the swing low of 11 December to
the swing high of 4 May, the Uniswap price prediction is for bulls to target the 28.98
price mark (50% Fibonacci retracement mark). A break of this price level is required to
target 32.00 psychological support (20 February high and 17 May low) and 36.00 after that.On
the other hand, a loss of buying momentum or rejection at 28.98 allows the bears to
reposition price action to challenge the support at 23.93/24.00 (close to the 50% Fibonacci
price level). A breakdown of this support opens the door
for bears to push towards the 18.89 61.8% Fibonacci retracement price level. Below this area, additional support is provided
at 12.00 (24 January high). The live Uniswap price today is $27.60 USD
with a 24-hour trading volume of $1,922,404,020 USD.

Uniswap is up 22.16% in the last 24 hours. The current CoinMarketCap ranking is #11,
with a live market cap of $15,591,480,365 USD. It has a circulating supply of 564,810,092
UNI coins and a max. supply of 1,000,000,000 UNI coins. subscribe channel
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