Recently, the cryptocurrency market has shown significant price fluctuations, particularly with OM and UNI tokens. These changes may provide interesting opportunities for investors.
Dynamics of OM
The price of OM surged 52% on Sunday, breaking through multiple resistance levels. However, on Monday, it experienced a 7.6% decline. Such rapid movements often lead to short-term pullbacks followed by potential surges.
Situation with UNI
The price of UNI broke out of its trading range but pulled back to find support around $10.65, staying above the ascending trendline, which is a strong bullish signal.
General Recommendations
Investors may consider entering long positions: for OM between $0.31 and $0.315, and for UNI between $10.5 and $10.6.
Cryptocurrencies OM and UNI will continue to attract attention due to their volatility. Investors should be cautious and consider both current prices and support and resistance levels.
