Uniswap (UNI) In Trouble? Price Crash Below $6.7 Signals Bigger Problems

Uniswap (UNI) In Trouble? Price Crash Below .7 Signals Bigger Problems

Uniswap (UNI) has slipped under the essential $6.7 help degree, elevating considerations a couple of potential prolonged downturn. This breakdown comes amid growing promoting strain, signaling that the bulls could also be dropping their grip in the marketplace. 

With volatility rising and market uncertainty rising, the subsequent few buying and selling periods will probably be essential in figuring out whether or not UNI can bounce again or if a chronic downtrend is on the horizon. Will the bulls reclaim misplaced floor, or is UNI heading for even decrease ranges?

Price Motion and Technical Indicators Flash Warning Indicators

UNI’s value motion is displaying clear indicators of weak spot because the token struggles to regain momentum after breaking under the $6.7 help degree. The latest downturn has intensified bearish sentiment, with sellers dominating the market and pushing UNI towards decrease help ranges. If shopping for strain doesn’t return quickly, additional losses might be imminent.

The asset has dropped under its 100-day Easy Shifting Common (SMA), a key long-term help degree. This breakdown suggests a possible shift towards a broader downtrend, particularly if UNI fails to reclaim this degree shortly. A protracted keep under the 100-day SMA may reinforce vendor dominance, growing the chance of additional declines.

In the meantime, the MACD has flipped bearish, with the sign line crossing under the MACD line, a basic indication that sellers are gaining energy. Moreover, Uniswap buying and selling quantity has declined, suggesting a scarcity of robust bullish participation to counteract the selloff.

For Uniswap to regain energy, patrons should push the value again above $6.7 with robust quantity, invalidating the breakdown. Till then, the chance of extra draw back towards $5.5 and $4.8 stays excessive.

Can Uniswap Reclaim $6.7 and Reverse Course?

Uniswap is at a essential inflection level after its latest breakdown under $6.70. As UNI struggles to regain momentum, merchants and traders are left questioning whether or not this drop is only a momentary setback or the beginning of a deeper correction.

Whereas bears have dominated latest value motion, the market questions whether or not UNI can struggle its manner again above this key degree or if the resistance will maintain. If UNI manages to interrupt and maintain above $6.7 with strong shopping for quantity, it may point out that bullish momentum is returning, invalidating latest bearish strain and signaling a possible development reversal. 

A decisive breakout above this degree would restore investor confidence and likewise appeal to extra patrons, resulting in an prolonged rally. Ought to this state of affairs unfold, UNI would possibly achieve traction towards $8.7, with a sustained push driving the value to $10.3 and past within the coming weeks.

Uniswap

Supply hyperlink

author avatar
Crypto Dunia
bitcoin
Bitcoin (BTC) $ 116,671.26 4.84%
ethereum
Ethereum (ETH) $ 2,966.52 6.63%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.58 6.60%
bnb
BNB (BNB) $ 690.55 3.00%
solana
Solana (SOL) $ 165.06 4.21%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.19874 9.81%
tron
TRON (TRX) $ 0.295205 1.35%
staked-ether
Lido Staked Ether (STETH) $ 2,963.81 6.59%
cardano
Cardano (ADA) $ 0.689123 10.44%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 116,364.18 4.73%
hyperliquid
Hyperliquid (HYPE) $ 44.18 6.24%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,576.64 6.55%
sui
Sui (SUI) $ 3.49 11.78%
chainlink
Chainlink (LINK) $ 15.41 7.45%
bitcoin-cash
Bitcoin Cash (BCH) $ 521.24 1.55%
stellar
Stellar (XLM) $ 0.304893 3.82%
avalanche-2
Avalanche (AVAX) $ 20.90 6.99%
hedera-hashgraph
Hedera (HBAR) $ 0.198841 14.13%
leo-token
LEO Token (LEO) $ 9.04 0.55%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,174.99 6.54%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 9.26%
weth
WETH (WETH) $ 2,965.23 6.61%
usds
USDS (USDS) $ 1.00 0.02%
the-open-network
Toncoin (TON) $ 2.98 3.77%
litecoin
Litecoin (LTC) $ 95.74 4.87%
whitebit
WhiteBIT Coin (WBT) $ 46.80 0.20%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.05%
monero
Monero (XMR) $ 328.98 0.65%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 116,553.23 4.81%
polkadot
Polkadot (DOT) $ 3.92 7.75%
bitget-token
Bitget Token (BGB) $ 4.61 4.74%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.02%
pepe
Pepe (PEPE) $ 0.000013 15.07%
uniswap
Uniswap (UNI) $ 8.44 3.02%
aave
Aave (AAVE) $ 307.85 2.56%
pi-network
Pi Network (PI) $ 0.522375 11.08%
dai
Dai (DAI) $ 1.00 0.02%
bittensor
Bittensor (TAO) $ 380.16 9.12%
aptos
Aptos (APT) $ 4.94 7.06%
near
NEAR Protocol (NEAR) $ 2.55 8.62%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.18 0.05%
crypto-com-chain
Cronos (CRO) $ 0.09715 1.25%
okb
OKB (OKB) $ 49.39 1.61%
internet-computer
Internet Computer (ICP) $ 5.48 6.41%
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 200.39 4.09%
ondo-finance
Ondo (ONDO) $ 0.906275 7.81%
ethereum-classic
Ethereum Classic (ETC) $ 18.56 5.10%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
susds
sUSDS (SUSDS) $ 1.06 0.01%
kaspa
Kaspa (KAS) $ 0.087431 6.67%
usd1-wlfi
USD1 (USD1) $ 1.00 0.01%
cosmos
Cosmos Hub (ATOM) $ 4.66 7.49%
mantle
Mantle (MNT) $ 0.632867 5.50%
vechain
VeChain (VET) $ 0.024451 8.96%
ethena
Ethena (ENA) $ 0.326214 12.31%
arbitrum
Arbitrum (ARB) $ 0.410323 14.86%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.225447 9.00%
official-trump
Official Trump (TRUMP) $ 10.13 10.00%
gatechain-token
Gate (GT) $ 16.32 2.09%
render-token
Render (RENDER) $ 3.76 10.91%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.742944 5.80%
fasttoken
Fasttoken (FTN) $ 4.46 0.33%
algorand
Algorand (ALGO) $ 0.219828 13.65%
worldcoin-wld
Worldcoin (WLD) $ 1.09 18.98%
bonk
Bonk (BONK) $ 0.000024 15.49%
sei-network
Sei (SEI) $ 0.331961 24.99%
sky
Sky (SKY) $ 0.084663 2.19%
binance-peg-weth
Binance-Peg WETH (WETH) $ 2,967.58 6.67%
filecoin
Filecoin (FIL) $ 2.61 6.78%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 115,886.05 4.62%
quant-network
Quant (QNT) $ 116.75 5.96%
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.74 2.65%
binance-staked-sol
Binance Staked SOL (BNSOL) $ 175.03 4.13%
spx6900
SPX6900 (SPX) $ 1.66 8.61%
jupiter-exchange-solana
Jupiter (JUP) $ 0.492972 8.76%
usdtb
USDtb (USDTB) $ 0.999969 0.03%
kucoin-shares
KuCoin (KCS) $ 11.38 1.72%
first-digital-usd
First Digital USD (FDUSD) $ 0.999505 0.03%
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 3,108.57 6.59%
rocket-pool-eth
Rocket Pool ETH (RETH) $ 3,378.84 6.56%
usdt0
USDT0 (USDT0) $ 1.00 0.00%
celestia
Celestia (TIA) $ 1.89 12.00%
fartcoin
Fartcoin (FARTCOIN) $ 1.33 17.97%
pudgy-penguins
Pudgy Penguins (PENGU) $ 0.021361 33.27%
nexo
NEXO (NEXO) $ 1.27 2.96%
injective-protocol
Injective (INJ) $ 12.42 13.15%
xdce-crowd-sale
XDC Network (XDC) $ 0.07335 8.18%
optimism
Optimism (OP) $ 0.675424 14.96%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 1.81 13.94%
flare-networks
Flare (FLR) $ 0.016904 2.88%
blockstack
Stacks (STX) $ 0.752095 8.40%
mantle-staked-ether
Mantle Staked Ether (METH) $ 3,170.98 6.57%
stakewise-v3-oseth
StakeWise Staked ETH (OSETH) $ 3,114.96 6.58%
sonic-3
Sonic (S) $ 0.342917 7.56%
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00 0.01%
solv-btc
Solv Protocol BTC (SOLVBTC) $ 116,523.22 4.91%
tokenize-xchange
Tokenize Xchange (TKX) $ 12.96 1.27%
dogwifcoin
dogwifhat (WIF) $ 1.06 10.64%
Scroll to Top