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Uniswap rises above $8, Polkadot stagnates

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2 hours ago


The crypto market shows signs of revival as Uniswap (UNI) crosses the $8 resistance level, while Polkadot (DOT) remains in sideways trend.

Uniswap shows signs of upward momentum following breakout

Analyst Kizoki forecasts that Uniswap is showing positive movement, with indicators like the Stoch RSI (14) pointing to an uptrend. The token has moved past a resistance level at $8 and aims for new highs. CoinMarketCap data shows Uniswap's value increased by 14.8% weekly and 27.5% monthly. Kizoki set two targets: first at $12.029 and second at $17.203.

Polkadot continues bearish movement

In the past month, Polkadot's price consolidated between $3.60 and $4.60. Attempts to break out met resistance. Currently, the 14-day RSI is below the midline, signaling a bearish trend. Despite this, analyst Alex $DOT suggests Polkadot could rise to $10 if it closes above $4.10-$4.15.

Intel Markets’ forecasts attract investor interest

Intel Markets captures analysts' attention with forecasts of a tenfold increase in value. The project offers an advanced AI-based trading platform supporting Ethereum and Solana.

Uniswap is on an uptrend, while Polkadot remains range-bound. Intel Markets attracts investors with potential significant growth forecasts.

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