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Uniswap

Uniswap (UNI) Soars: A Bright Spot in a Subdued Market The cryptocurrency market has experienced a period of relative calmness in the past week. However, amidst this subdued landscape, Uniswap (UNI), the native token of the leading decentralized exchange (DEX) Uniswap, emerged as a bright spot. According to CoinDesk Indices' bi-weekly market update, UNI led the CoinDesk 20 (CD20) Index with a stellar 6.8% advance. This surge propelled the token's price above $11, a significant increase from its price of $7 just one month ago. Understanding the CoinDesk Indices The CoinDesk Indices (CDI) serve as valuable benchmarks for tracking the performance of various digital assets. The CD20 specifically focuses on the top 20 digital assets by market capitalization, offering a snapshot of the health of the leading cryptocurrency projects. UNI's impressive gain atop the CD20 leaderboard highlights its outperformance compared to other major players in the market. Factors Potentially Contributing to UNI's Rise While the exact reasons behind UNI's recent surge remain debatable, several factors could be at play: • Increased DEX Usage: The decentralized finance (DeFi) space, where Uniswap reigns supreme as a DEX leader, has witnessed a resurgence in user activity in recent months. This could be driving demand for UNI as users require the token for governance and transaction fee discounts on the Uniswap platform. • Potential Speculative Interest: The broader cryptocurrency market might be experiencing a shift in investor sentiment towards DeFi projects. UNI, as a prominent token within the DeFi sector, could be benefiting from this speculative interest. • Developments on the Uniswap Protocol: The Uniswap team might have introduced new features or upgrades to the protocol that have garnered positive attention from the crypto community. This could be attracting new users and investors to the platform, thereby increasing demand for UNI. A Look at the Broader Market Context It's important to remember that UNI's rise occurred within a relatively muted market environment. The CoinDesk Market Index (CMI), a broader index encompassing roughly 180 tokens across various sectors, did not exhibit a significant uptrend. Some leading alternative Layer 1 blockchain, like Internet Computer (ICP) and Near Protocol (NEAR), experienced price declines during the same period. What Does This Mean for UNI Investors? UNI's recent performance is certainly encouraging for investors holding the token. However, it's crucial to maintain a cautious and realistic perspective. The cryptocurrency market remains inherently volatile, and short-term price movements can be subject to various factors, some of which may not be entirely predictable. Looking Forward: Where Does UNI Go from Here? The sustainability of UNI's upward trajectory hinges on several factors. The continued growth of the DeFi ecosystem, ongoing developments within the Uniswap protocol, and broader market sentiment towards DeFi will all play a role in shaping UNI's future price performance. Conclusion Uniswap's (UNI) recent surge atop the CoinDesk 20 Index signifies a period of outperformance compared to other prominent cryptocurrencies. While the reasons behind this rise are multifaceted, the increasing adoption of DeFi and potential investor interest in the sector could be contributing factors. However, navigating the cryptocurrency market requires a balanced approach. Investors should stay informed about developments within the Uniswap protocol, the broader DeFi landscape, and overall market trends to make informed decisions regarding UNI. By remaining vigilant and employing sound investment strategies, investors can capitalize on potential opportunities within the ever-evolving cryptocurrency landscape.
Long
by bryandowningqln
Uniswap(uni) Technical Analysis: Potential Pump In 4H Time Frame🔍Project Overview Uniswap is a decentralized finance (DeFi) protocol based on Ethereum, allowing users to act as liquidity providers or to swap tokens. It has gained significant attention due to its extensive features in the DeFi space. 🧩Key Support and Resistance Levels Major Resistances: 11.567 13.338 Major Supports: 9.412 8.947 8.226 6.768 📅Current Situation Resistance Level: The price of Uniswap is near the resistance level of 11.567. A breakout above this level could lead to further price increases. 📊Volume and Candles: Trading volume is increasing, and green candles indicate strong buying pressure, suggesting potential for more upward movement. 🕸Relative Strength Index (RSI) RSI Level: The RSI is at 63.07. A breakout above 65.93 could be an early confirmation for breaking the 11.567 resistance level. 👨‍💻Trading Scenarios Long Position (Buy) Entry Condition: Breakout above 11.567 confirmed by high trading volume and RSI breaking above 65.93. Strategy: If confirmed, consider opening a long position, targeting the next resistance levels at 13.338 and higher. Short Position (Sell) Entry Condition: Reaction to the 9.412 level and its subsequent break on the second attempt. Strategy: If confirmed, consider opening a short position, targeting the next support level at 8.947. If there's no reaction to this level, wait for a break below 8.947 before entering. Weekly Time Frame Analysis 🛒Spot Buying Strategy: Given the SMA 7 and 25 cross and the strong recent candles, buying in spot can be suitable. The target for this strategy could be the all-time high (ATH) at $43, providing approximately 300% potential profit. 📝Uniswap is currently in a strong bullish trend, and breaking key resistance levels could lead to further price increases. The outlined technical analysis and trading strategies can help guide your trading decisions. 🧠💼 Always remember the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Stick to strict capital management principles and use stop-loss orders, ensuring an initial target with a risk-to-reward ratio of 2. 🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
by itsparham96
2
UNI: Pullback in UptrendTrade setup : Following a bullish breakout from Channel Down pattern , price broke above 200-day MA, which signaled resumption of uptrend. Price rallied +50% to $12.00 and now it pulled back to $10.00 support zone, which could be an attractive swing trade entry in Uptrend with +20% upside back to $12.00. Stop Loss at $9.25, below the prior swing low. Uniswap is the biggest DEX – see On-chain data, and has been a beneficiary of the move to decentralized exchanges and non-custody trading solutions. Pattern : Pullback in Uptrend . Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3. Trend : Short-term trend is Down, Medium-term trend is Strong Up and Long-term trend is Up. Momentum is Bearish (MACD Line crossed below MACD Signal Line) BELOW days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $8.00. Nearest Resistance Zone is $12.00, then $17.00.
Long
by altFINS
UNISWAP Prepares for uptrend, anticipating reaching $17 above UNISWAP price has been volatile over the past years, with both up and down trends. However, looking at the most recent price action, there could be signs of a short-term uptrend. Support and Resistance :- Several potential support and resistance levels. These are areas where the price may have difficulty breaking through. Support levels are at $7.514, $10.231, and $11.00. Resistance levels are at $12.00, $16.00, $17.615, and $17.733. The area between $12.00 and $17.00 is highlighted as a primary resistance range. Indicators The chart also shows the volume (CVD), which is the amount of UNI that has been traded in a given period. The volume has been increasing recently, which could be a sign of increased volatility. Overall The technical analysis of this chart is inconclusive at this time. The price has been volatile and there is no clear trend. However, there are some signs that the price could be due for a rebound in the short-term.
Long
by Z4F4R
UNI ( uniswap ) tm:1hHello traders. I hope you doing well. These areas are based on my personal strategy and I will share it with you. Open a sell position on the supply area or open a buy position on the demand area. Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account. But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading. I hope you will achieve maximum continuous profit with me by using supply and demand areas. Good luck traders. Mohammad Goodarzi
by itsbluemorpho
Uniswap and UNI price under "SEC pressure"💥Yesterday, the SEC announced "another victim of regulation" and sued Uniswap. Today Uniswap commented on the event and in short, they are ready to fight. And no matter how much the SEC looks for "securities," the reality is that tokens traded on secondary markets like Uniswap are not investment contracts, but just digital files. How do you like these statements from both sides? Holders of CRYPTOCAP:UNI got scared and started selling sharply, which caused a 20% drop in the price of #UNIUSDT. 😱 But the most interesting is yet to come: large investors, owners, creators, and everyone else interested in #Uniswap need to keep the price in the $6.50-7.80 range 🙅‍♂️ $6.50 is a critical level for the #UNIUSD price, and fixing the price below this level will break the wave structure. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
19
Uniswap Foundation Reveals It has $41 Million in Funding The Uniswap Foundation has disclosed that it holds $41.41 million in fiat cash and stablecoins on hand, with an estimated runway through the end of 2025. The foundation plans to use the fiat currency and stablecoins for grant commitments and operating activities, while the CRYPTOCAP:UNI tokens are earmarked for employee token awards. The foundation plans to disburse $25.77 million through 2024 and 2025, with $2.94 million reserved for grants previously committed and $12.7 million for operating expenses. The majority of grant disbursements in Q1 have gone towards protocol developers and governance, with the rest being allocated to innovation, research, and security. The disclosures come ahead of an onchain vote to upgrade the protocol so its fee mechanism can reward CRYPTOCAP:UNI token holders that have staked and delegated their tokens. Activating a fee switch will mean that CRYPTOCAP:UNI holders are better off at the expense of the protocol's liquidity providers, who have earned fees levied on token swaps so far. The fee switch proposal's authors expect that the new mechanism will incentivize more active delegation and build more engagement in the governance process. However, previous proposals to activate the fee switch have failed to pass on prior occasions. If the May 31 vote results in a different outcome, fees won't be turned on immediately. Technical Outlook Uniswap native token ( CRYPTOCAP:UNI ) is down 0.65% down from an overbought territory currently having a Relative Strength Index (RSI) of 72.11 which is poised for further decline.
COINBASE:UNIUSD
by DEXWireNews
UNI/USDT Breakout alert!! Indicating bullish momentum for UNI. 💎Paradisers, #UNI is indeed a coin worth monitoring closely. 💎 UNI has successfully broken out of the reaccumulation resistance, signaling bullish momentum for further upward movement. The current price has yet to retest the support level, previously a resistance, around the 8.27 area. 💎 However, if UNI manages to break above the supply area directly without first retesting the support, it could indicate a strong upward trend, potentially allowing the price to reach our target strong resistance area. 💎 Conversely, if UNI fails to break above the supply area and experiences a significant rejection, there's a possibility of downward movement towards the support level at 8.827. This scenario is more likely if UNI hasn't retested the support area yet. 💎 UNI must bounce off the support during the retest. Failure to do so, resulting in a breakdown below the support, would validate the bullish invalidation. In this case, the price could revisit the support of reaccumulation or even experience further decline. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
Uniswap Introduces ERC-7683 Token Standard, Breakout Lurking Uniswap Labs has introduced ERC-7683, a new token standard designed to streamline cross-chain trading solutions. The standard, which aims to establish a unified framework for intents-based systems to specify cross-chain actions, was proposed in collaboration with the Across Protocol. The standard outlines the steps and standards tokens must meet to work with the Ethereum network and trade smoothly with other tokens. The proposed standard allows for the implementation of an API for cross-chain trade execution systems, creating a standard set of rules and interfaces for various blockchain networks to facilitate trading. It also calls for a generic structure called CrossChainOrder and defines a standard interface for a smart contract called ISettlementContract. Uniswap Labs aims to streamline the process of trading assets across different blockchains, making it easier for users to engage in cross-chain transactions while ensuring compatibility and interoperability between various systems. BME:UNI , Uniswap's governance token, is poised to benefit from the development, but its current market statistics make its future uncertain. Technical Outlook Uniswap token ( BME:UNI ) is up 10.65% as of the time of writing consecutively experiencing bullish and bearish trends. The asset is in the consolidation zone gathering liquidity for a surge above new levels.
COINBASE:UNIUSDLong
by DEXWireNews
📈UNI Market Analysis: Key Levels and Trading Strategies🎲🔍Let’s dive into today’s analysis. The market is currently resting in an uptrend, and the coin we will analyze today is one of the most reputable projects in the DeFi space—Uniswap (UNI). As a decentralized exchange, Uniswap is among the oldest and best platforms, trusted by many whales and widely accepted in the crypto community. ⏰In the 4-hour time frame, Uniswap has been trading within a large range box for over a month with very low volatility. It has recently been rejected from the top of this range and may move towards the bottom. Given the prolonged sideways movement and lack of momentum in the market, indicators and oscillators like RSI or SMA, which rely on momentum, are not reliable at this time. Therefore, we will rely solely on price action and volume to identify potential scenarios. 🧩The upper boundary of the range is at 8.226, and the lower boundary is at 6.768. We need to wait and see which level the price breaks. If the price breaks above 8.226, the market will turn bullish on the 4-hour time frame, with a target of 10.521. For short positions, you can enter if the price breaks below 6.768. It’s important to note that the price rebounding from 0.382 and moving to break 6.768 is not significant because the price has formed a new structure, and there is no momentum to push it further down. Thus, Fibonacci retracement is not applicable here. 🔫However, this does not mean we should not open positions at all, as breaking this strong and significant support could trigger another bearish move. The target for this move would be 5.671. It’s crucial to observe the volume when the box is broken. If the price breaks above the box, the buying volume should increase, and if it breaks below, the selling volume should increase. 📝In summary, Uniswap (UNI) is in a prolonged range with key levels at 8.226 and 6.768. A breakout above 8.226 could lead to a bullish move targeting 10.521, while a breakdown below 6.768 could initiate a bearish move towards 5.671. Monitoring volume is essential to confirm the direction of the breakout. Proper risk management and attention to these key levels will be vital in navigating potential trades. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2.
by itsparham96
Uniswap Mobile Application Went Live with Blast IntegrationUniswap ( BME:UNI ) app goes live on Android with Blast integration for faster, cheaper swaps and multilingual, multi-currency support. The Uniswap ( BME:UNI ) mobile application has finally gone live for the public, which will see the integration of Blast, a Layer-2 scaling solution for Ethereum. It permits swaps to be carried out directly within the app, making the process more seamless and improving the user experience on the decentralized exchange (DEX). Uniswap’s Improved UX with Blast The Blast protocol integrated into Uniswap ( BME:UNI ) provides significant advancements in transaction speed and lowered gas fees. Blast tackles Ethereum mainnet’s scalability challenges, allowing Uniswap ( BME:UNI ) users to benefit from quicker and cheaper transactions. This synergy becomes extremely important when the network is having a lot of congestion, and so the speed of transactions slows down and the fees go high. The mobile app now accepts native yield for cryptocurrencies such as Ethereum (ETH) and $USDB stablecoin. Presently, instead of active participation in other DeFi protocols, users can get an interest from these holdings directly via the application. Because of this feature, investing becomes less complicated, and the overall utility of the app increases. Swap Functionality and Liquidity Provision Liquidity pools for Uniswap v2 and v3 are available within the Uniswap mobile app. Native yields can be earned by liquidity providers in v2 pools if one of the two tokens in the pool is either $USDB or wrapped ETH (wETH). This is like holding these tokens in a Blast wallet. But since concentrated liquidity is relatively complex, v3 pools on Blast do not have native yield yet. The use of limit orders that are automatically triggered upon reaching certain price conditions is allowed on the app. This tool is a must-have for traders who want to maximize their trading strategies without constantly monitoring market moves. Global Accessibility and Multilingual Support The mobile app’s multilingual and multicurrency support illustrates Uniswap’s global accessibility. Customers are free to surf and transact in over seven languages, such as English, Spanish, Japanese, Portuguese, French, traditional Chinese, and simplified Chinese. Multilingual support is available to cater to a huge number of users from different cultural backgrounds, making the website accessible to a wider audience, i.e. global.
COINBASE:UNIUSDLong
by DEXWireNews
No Price Consolidation Has OccurredThe price of UNI has recently broken through the lower boundary of the orange box during a correction phase. This breach has caused the price to close below this level. If stronger bearish patterns form in this area, the price may decrease further to the lower support zone. On the other hand, price consolidation has not yet occurred on the weekly timeframe. If the price begins to rise and consolidates above the orange resistance box, an uptrend in price is expected to resume.
by MonoCoinSignal
UNI sent BACK TO PRISON 🦄⚔📉Hi Traders, Investors and Speculators of Charts📈 UNI has dropped hard after a decent increase, taking the price back to accumulation level lows. Losing ALL THREE moving averages in the daily is bearish for the short term : This however presents an excellent opportunity for traders to re-accumulate at low prices before the next bullish impulse wave begins. According to Eliot Wave Theory; as long as wave 2-3 does not retrace beyond wave 0-1 the cycle can still be considered bullish. Meaning, IF we drop any lower than the current point, we'll no longer be able to consider the price as bullish. The WHITE lower trendline may be an indication of a buy zone: I'm labeling this post as "long", not because I am taking a leveraged long but because the price is re-entering the accumulation zone/ buy zone (SPOT). If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:UNIUSDT
Long
by CryptoCheck-
Uniswap CEO Stands Firm Amid SEC ScrutinyThe legal showdown between Uniswap ( CRYPTOCAP:UNI ) and the Securities and Exchange Commission (SEC) has sent ripples through the crypto community, reigniting the debate on tokens versus securities. CEO Hayden Adams, however, remains resolute, expressing confidence in emerging victorious from the legal tussle. The crux of the Uniswap vs SEC lawsuit revolves around three pivotal issues, as outlined by Adams in a recent interview. Firstly, the SEC questions whether Uniswap's interfaces classify it as a broker. Adams draws parallels to other platforms like Coinbase, emphasizing similarities in interface design and highlighting a recent court ruling in favor of Coinbase. He remains optimistic that Uniswap ( CRYPTOCAP:UNI ) will similarly triumph in this aspect of the case. Secondly, the SEC has raised concerns about the classification of UNI tokens as securities. Adams underscores Uniswap's adherence to regulatory guidelines and transparency in operations, particularly highlighting the free distribution of UNI tokens to the community. He firmly asserts that UNI tokens do not meet the criteria for securities, expressing confidence in Uniswap's compliance with existing regulations. The third issue centers around whether the Uniswap protocol operates as an unregistered securities exchange. Adams clarifies that Uniswap Labs does not control the protocol, which functions autonomously on the blockchain. He emphasizes that publishing open-source code to a decentralized blockchain does not equate to operating an exchange. Beyond the immediate legal implications for Uniswap ( CRYPTOCAP:UNI ), Adams highlights the broader ramifications for the crypto industry. He draws parallels to the early days of the internet, where attempts to stifle e-commerce were prevalent. Adams underscores the transformative potential of blockchain technology and advocates for a more nuanced regulatory approach. Moreover, Adams calls for continued advocacy for the benefits of decentralized finance (DeFi) and constructive engagement with regulators. He points to recent regulatory actions towards crypto projects, citing the challenges faced by projects like Kraken engaged in legal battles with the SEC. As the Uniswap vs SEC saga unfolds, all eyes remain on the outcome of this high-stakes legal battle and its potential implications for the broader crypto market.
by DEXWireNews
Chinese Asset Managers Ready to Adopt Spot Bitcoin ETF Bad news for investors hoping the Federal Reserve will cut interest rates aggressively: The CPI jumped 3.5% in March year-over-year, an increase from February's 3.2% YOY jump and above expectations of 3.4%. Bitcoin (BTC) initially dipped below $67,500 after the CPI release, before clawing back losses to end the day positive and appearing ready to retest the $70K level again. BTC price see-saws as halving event approaches: BTC price action remains choppy as we approach the Bitcoin halving, which is estimated to take place April 20th. Some investors believe there is too much optimism priced into Bitcoin, and we could see a correction in the days before and after the halving. Chinese asset managers ready to adopt spot BTC ETFs: Spot BTC ETFs are likely set to launch in Hong Kong later this month, with the first approvals potentially coming as early as next week. Among the applicants are some of China's largest asset managers. These will mark the first spot BTC ETFs in Asia. DeFi crypto company says SEC is suing them: Uniswap Labs said in a blog post Wednesday that the SEC has notified them it will pursue legal action against the company. Uniswap is a DeFi platform that allows users to trade cryptocurrencies peer-to-peer without a centralized exchange. TON Price Surges After Distribution Announcement: Toncoin (TON) broke into the top 10 cryptos by market cap this week for the first time after reaching a new all-time high above $7. The surge comes on the heels of a big announcement from the Ton Society, a group of engineers and developers dedicated to growing the TON network. ⏳ Topic of the Week: What happens after the Bitcoin halving? 👉 Read more here
GEMINI:BTCUSD
by Gemini
Uniswap Faces Regulatory Heat: Whales Dump $20 Mln Worth of UNI Uniswap, the decentralized exchange platform, is facing a tumultuous period as its native cryptocurrency, CRYPTOCAP:UNI , experienced a sharp decline of 15% following news of a Wells Notice from the U.S. SEC. This development has triggered massive liquidations, with whales offloading millions of dollars worth of CRYPTOCAP:UNI tokens. Uniswap Price Plunge: Within hours of receiving the SEC notice, Uniswap's price plummeted by 15%, leading to significant market turmoil. Daily trading volumes surged by over 300%, indicating heightened market activity and investor concern. Whales in Action: Top holders swiftly reacted to the news by liquidating their UNI holdings, with whales dumping over 2 million CRYPTOCAP:UNI tokens, totaling $20 million. This mass sell-off further exacerbated UNI's price decline, with significant transfers and sales reported across various wallets. Founder's Response: Uniswap founder Hayden Adams expressed frustration over the SEC's actions, emphasizing the potential impact on consumer interests and the broader industry. He anticipates a prolonged legal battle with the regulator, emphasizing the need to defend Uniswap and the decentralized finance sector. Future Implications: The ongoing conflict between Uniswap and the SEC holds significant implications for the future of decentralized finance and financial technology. With the outcome likely to shape regulatory frameworks and industry practices, stakeholders are bracing for a protracted legal struggle. Technical Outlook Uniswap token ( CRYPTOCAP:UNI ) is trading below the 200-day Moving Average (MA) with a weak Relative Strength Index (RSI) of 23 indicating an oversold territory. Bears have taken control of the market prior to the SEC's probe on Uniswap. Conclusion: As Uniswap navigates regulatory challenges and market volatility, the platform's resilience and ability to withstand regulatory scrutiny will be put to the test. The fallout from this episode could redefine the landscape of decentralized exchanges and set precedents for regulatory oversight in the burgeoning cryptocurrency space.
Short
by DEXWireNews
📈UNI Spot Buying Entry Analysis🛒🔍Today, let's analyze UniSwap (UNI) focusing on the daily timeframe for spot trading, aiming to identify optimal entry points for buying. 📈After a sharp upward movement towards resistance at $15.402, UNI initiated a correction, extending to the 0.5 Fibonacci level, where price reacted twice. ✨A closer examination reveals a descending triangle formation approaching its apex. Upon breaking the triangle's support line, a short position opportunity may arise. However, caution is warranted as breaking the support enters the golden Fibonacci ratio zone, likely prompting significant reactions. 🛒For spot buying, patience is key, waiting for the trend to break and confirm above $12.964, which would serve as a consolidation trigger for a logical spot purchase. 🐢For those seeking more certainty, waiting for price confirmation above $15.402 before entering a buy position is advisable. A concern arises from declining volume, indicating diminishing interest in UNI. Healthy volume is crucial for sustained price movement, whether upward or downward. ✅As for targets, considering the area around $22.718 could be prudent. Upon reaching this level, decisions regarding profit-taking or holding can be made based on price reaction. 📝Overall, UNI presents potential entry opportunities for spot buying, contingent upon price confirmations and volume considerations. Vigilance and strategic decision-making are essential in navigating UNI's current chart dynamics. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
Long
by itsparham96
1