Uniswap Continues Its Ascent, Reaching a Five-Month High

user avatar

by Giorgi Kostiuk

2 years ago

Uniswap (UNI) has seen a significant price increase, reaching levels not observed in five months, indicating a potential further bullish trend.

Uniswap Price Surge

On Tuesday, November 12, the price of UNI rose from $9.16 to $10.76 within one hour, marking a 17.46% increase. This movement reached its highest point in five months.

Technical Indicator Analysis

The On-Balance Volume (OBV) indicator shows consistent buying interest with higher lows, while the Relative Strength Index (RSI) is at 68, indicating sustained buying momentum with no signs of an imminent reversal. These factors suggest that Uniswap’s price is likely to continue rising.

Future Expectations

The Fibonacci retracement tool identifies $9.93 and $11.29 as upcoming resistance levels. Market analysis points to a likelihood of the $11-$12 price range being tested in the coming weeks, reflecting a positive market outlook for Uniswap.

The market analysis indicates that Uniswap (UNI) is on a positive trend with hopes of reaching even higher levels in the near future. Key technical indicators suggest sustained buying interest and potential further growth.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Bitcoin Expected to Hit Bottom Today, October 5, 2026

Bitcoin is trading around 86,100, with predictions suggesting it is at the bottom on October 5, 2026.

user avatarRajesh Kumar

Bitcoin Hits Predicted All-Time High on October 6, 2025

On October 6, 2025, Bitcoin reached an all-time high of 126,198.07, fulfilling a bold prediction made by a 4chan user based on numerological patterns.

user avatarGustavo Mendoza

FinCEN Withdraws Controversial Crypto Surveillance Proposals

FinCEN has withdrawn its proposals targeting unhosted wallets and crypto mixers after pushback from industry stakeholders and privacy advocates.

user avatarMiguel Rodriguez

Justin Sun Prize Awards New Recipients for Contributions to Erdős Problems

The Office of Justin Sun has announced the newest recipients of the Justin Sun Prize, recognizing independent researcher Wouter van Doorn, mathematics PhD student Quanyu Tang, and mathematics researcher Yanyang Li for their contributions to solving Erdős problems.

user avatarLuis Flores

Greek Servicemen Among Suspects in Cryptocurrency Pyramid Scheme

Two Greek servicemen are implicated in a cryptocurrency pyramid scheme that defrauded approximately 10,000 investors out of 8 million euros.

user avatarArif Mukhtar

MEXC and Payward Explore Collaboration at TOKEN2049

MEXC and Payward are exploring a collaboration to enhance user experience in digital asset trading.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.