UNI: Coinbase IPO = UNI Target Price of $131Just want to put out a short Fundamental Value note on UNI
UNI is worth $131 considering the relative value of where Coinbase will list its IPO which looks to be at or above $68B in equity value alone.
UNI does very similar daily exchange volumes at nearly ~$2B / day relative to Coinbase and will likely surpass Coinbase in exchange volume in the next 30 days after UNI implements its major upgrade for efficiency and a later upgrade that will focus on reducing gas fees by May.
Public comps like this are god-given gift b/c the value will be visible to anyone and this will attract investors to UNI as it will be clear that it is massively undervalued at $14.5B market cap. If UNI were to trade more in-line with this public comp, that would equate to a price of $131 per UNI. Therefore my PT by the end of April is $131 .
Coinbase will list its shares mid-April.
Source: Coinbase puts its value for Nasdaq Listing at $68 Billion
Coinbase Global, the largest cryptocurrency exchange in the US by trading volume , has registered 114.9 million shares for a direct listing on the Nasdaq stock market.
The company, founded in 2012 by Brian Armstrong, who is the CEO, and Fred Ehrsam, said in a regulatory filing to the Securities and Exchange Commission that recent private transactions had valued the San Francisco-based business at around US$68 billion. The valuation is almost 53 times its revenue in 2020.
In the filing, Coinbase said its stock in the private market traded at a weighted average price of US$343.58 in the first quarter of 2021 to 15 March. In the third quarter ended 30 September, Coinbase’s stock traded at an average of US$28.83 per share for a valuation of US$5.3 billion. According to data platform PitchBook, Coinbase was valued at a shade over US$8 billion during its last private raising of funding in October 2018.
Uniswap
UNI: Coinbase IPO = UNI Target Price of $131Just want to put out a short Fundamental Value note on UNI .
UNI is worth $131 considering the relative value of where Coinbase will list its IPO which looks to be at or above $68B in equity value alone.
UNI does very similar daily exchange volumes at nearly ~$2B / day relative to Coinbase and will likely surpass Coinbase in exchange volume in the next 30 days after UNI implements its major upgrade for efficiency and a later upgrade that will focus on reducing gas fees by May.
Public comps like this are god-given gift b/c the value will be visible to anyone and this will attract investors to UNI as it will be clear that it is massively undervalued at $14.5B market cap. If UNI were to trade more in-line with this public comp, that would equate to a price of $131 per UNI . Therefore my PT by the end of April is $131.
Coinbase will list its shares mid-April.
Source: Coinbase puts its value for Nasdaq Listing at $68 Billion
Coinbase Global, the largest cryptocurrency exchange in the US by trading volume, has registered 114.9 million shares for a direct listing on the Nasdaq stock market.
The company, founded in 2012 by Brian Armstrong, who is the CEO, and Fred Ehrsam, said in a regulatory filing to the Securities and Exchange Commission that recent private transactions had valued the San Francisco-based business at around US$68 billion. The valuation is almost 53 times its revenue in 2020.
In the filing, Coinbase said its stock in the private market traded at a weighted average price of US$343.58 in the first quarter of 2021 to 15 March. In the third quarter ended 30 September, Coinbase’s stock traded at an average of US$28.83 per share for a valuation of US$5.3 billion. According to data platform PitchBook, Coinbase was valued at a shade over US$8 billion during its last private raising of funding in October 2018.
UNI Bullish IF we Break $29.5 ResistanceBINANCE:UNIUSDT
UNIUSDT No Sitting on a Interesting Area
1. it's at the bottom of daily ascending channel and did couple of Reactions to it and now bounced back from 50MA on daily
So basically it's ready to meet the median line of the channel ($34.5 area)
but we're touching the $29 resistance area (Yellow box), this Static resistance now is aligning with 50MA and 200MA as dynamic resistances on 4H Chart So need to break it to Being Bullish on it
If that happens i'm going to enter
Targets Are: $34-$35 area (TP1) / $42 (TP2)
Stop-loss: any 4H Candle close below the yellow box
NOTE: I don't recommend Entering now but if you're going to stop-loss would be any Daily Candle close below $26
Hope You Enjoy
AAVE LONG BIG TIMEAAVE
Blue Chip DeFi token that just broke out from the bearish trend line.
I am personally expecting a major run up especially with Uniswap V3 launch nearing (which with Ethereum constitutes the holy trinity of DeFi imo)
On a more analytical perspective; the fact that the RSI crossed the 60’s level is good sign. We did actually cross all the EMA’s as well, so we can say that we are breaking out of the bear trend.
On the price expectations I would expect a first target around 415 $ at the resistance and second target around 480 $.
My strategy would be to buy a solid bag right now and take some profit at around 520$
Cheers
Uniswap (UNI) Ascending "Unicorn" Formation Before V3 May 2021I'm really liking this ascending triangle formation for Uniswap. We've held a beautiful bull trend line since January 11th and it is still holding nicely. This is only complimented by the fact that Uniswap will have a major upgrade to Version 3 sometime next month in May. This is very bullish news for the all the Uniswap holders out there and for anybody that uses the Decentralized Exchange.
Uniswap has proved to be one of the most important and significant cryptocurrency projects in this ecosystem holding a steady top 10 cryptocurrency position. It is the king of the DEX's. I believe we will continue to see increased adoption and liquidity grow on Uniswap throughout the year especially with the much anticipated upgrades with V3. I personally believe that probably won't see Uniswap under $30 much longer. However I'm no financial advisor. Much peace, love, health, and wealth.
$LABS tokenize real estate ($ETH Pair)1st of its kind, an announcement is being made on the 29th for LP Pairs, and on the 31st a bigger announcement is being made.
Price action sitting at midline, expecting to see a bounce off this level
Uniswap (UNIUSDT) buy targets triggersHello guys,
No need to panic here. Just a look at the bigger picture and you will see how intact the uptrend remains for Uniswap. Given the solid fundamentals around the upcoming exchange version 3, I don't see a reason for a selloff or a market-caused depression lol.
I see a similar pattern for most of the majors that popped up after the last bull run- LINK, UNI, DOT etc. Solid uptrend with the price crawling up by hitting the lower and upper boundaries of the channel.
The current price level around the 50-day EMA is a good entry point in the formed trading range. Next will be the accumulation zone near $22.5.
Cheers,
UNI - 6h. The market decline is not over yet - we expect a $20Yesterday's continuation of the fall in the BTC market provoked other coins to similar actions. The fall in the UNI price by 15% is an unpleasant event that indicates the weakness of the coin. Of course, almost all coins have been corrected. However, if UNI and DOT fell heavily, then BNB and FIL coin charts look much better.
A large number of sellers of this coin became noticeable when the UNI price tried to break through $34.6. After the first drop in the BTC price on March 22-24, the UNI market looked one of the strongest. The price practically did not drop for BTC and buyers launched a counterattack. But the buyers failed to gain a foothold above the mark of $34.6 even for an hour:
The last attempt of buyers to gain a foothold above this level ended with a sharp response from sellers, and led to a strong fall in the price of UNIUSDT .
At the moment, the UNI market fall looks like it is not over yet. Buyers managed to keep the range of $26.3-27.2. However, the main volumes formed in the range of $31.2-32.2. Notice where the UNI price stopped during an aggressive buyer's attack
In our opinion, this range is a sales area . If buyers fail to take control of this range during the next counterattack, we will expect a new wave of decline to $20.
It is at this mark that two trend lines intersect:
In addition, the last strong consolidation in the period from January 30 to February 20 is located exactly at the $ 20 mark. The cryptocurrency market has changed. Therefore, in incomprehensible situations, it is better to observe longer.
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GEYSER LONGI THINK THIS UNISWAP GEM IS GOING UP.
IT IS BOUNCING ON THE TRENDLINE , AND FIBONACCI IS BEING RESPECTED.
UNIUSDT Short And Long Senario BINANCE:UNIUSDT
FA: UNISWAP V3 Launching (LONG)
TA:
So on UNIUSDT we have a ascending channel (Daily Candle) to be considered
on 4H 200 MA Plays as Support and it should hold Up from here
this area held up as a strong node (the box played as a resistance and now it's a support)
LONG Senario:
if I see bounce back from here I'm gonna enter long
TPs are: $34-$35 (TP1) / $40 (TP2)
SL: Close below support Box ($27.5) on 4H candle
SHORT Senario:
Considering BTC dosen't hold 53-54K Level if we Close below support Box ($27.5) on 4H candle
enter Short and TP would be 23-24 Area
but for now I'm Biased on Long Senario
UNI getting big buyer attentionUNI is starting to attract alot of attention from the big players according to our data collection methods. A good risk conscious purchase spot might be at a pull back to 31.07 at this juncture for a long term hold. If volume can build higher we will adjust our bid point up... but at this point it is at the 31.07 level.
$UNI/USDT 12h (Binance Futures) Ascending wedge on supportUniswap is up-trending and looks ready to push higher in the coming weeks.
Let's see if it can hold wedge support and break out of the descending channel!
Current Price= 30.8817
Buy Entry= 30.5026 - 29.5126
Take Profit= 33.8286 | 39.1273 | 46.0397
Stop Loss= 27.4518
Risk/Reward= 1:1.5 | 1:3.57 | 1:6.27
Expected Profit= +25.46% | +60.78% | +106.86%
Possible Loss= -17.04%
Fib. Retracement= 1| 1.764 | 2.618
Margin Leverage= 2x
Estimated Gain-time= 1 month
UNISWAP-USDT
Greetings,
UNI instrument is the first by capitalization among defi, and eighth today in the overall cryptocurrency top, ahead of LINK and Litecoin.
Strong uptrend and no signs of reversal, most importantly the product is actively used, so we can assume that the growth will continue.
On the daily chart, the price has several times tested the area of 33-34$, the price is not going further, but there are no strong pullbacks as well. On the chart, an upward triangle was formed with the compression of the minimums. There is a probability of the test support at 28-28.5 dollars in the case that it will not resist the next zone of interest of the buyer in the area of pro-trade at 20-21.5 dollars.
I plan to trade this tool only if the price breaks through a zone of 35$ on good volume, in this case, the potential of the transaction is 80% (the base of the triangle).
The second option in the case of a correction, look for an entry point at $28-28.5 on the rebound from horizontal support and the bottom of the triangle.
Always use a stop loss, and do not use a leverage greater than x3. A trader must always have tomorrow. If this information is useful to you, please like and subscribe, so as not to miss anything.
One More Shot to Grab More Uniswap at $32 Before It MoonsBuy Zone: $31.80-32
We will likely see one more bounce off the support and then it's new ATHs and this thing will have legs.
I expect it to run all the way to the parallel trend line with little resistance.
I'm not planning to sell any of this for a while. It's about to go on a tear when v2 release is announced.
Stock up next dip down and then go have the best day ever!