Uniswap Aims For Recovery – Bulls Take A Stand At $12.3 Support

Quick Summary:

Price Action And Technical Indicators Highlight Rebound Potential Uniswap’s price action at the $12.3 support level is gaining significant attention from traders and market analysts as it approaches a crucial technical juncture.The $12.3 mark has held as support in recent price cycles, and its ability to continue doing so will be key to determining whether the bulls can regain control.

The recent price action highlights growing buyer interest at this level, suggesting that market sentiment may be tilting cautiously in favor of the bulls.  If the bulls succeed in maintaining this support, UNI could gain the momentum needed to test higher resistance levels, potentially setting the stage for a broader upward move.

Market momentum for Uniswap is showing early signs of a shift, with recent price action showing that bulls may be regaining control.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets: United KingdomNigerNigeria

Topics: Uniusd Uniswap Price Simple Moving Average Composite Trend Oscilator Uniswap RSI Relative Strength Index UNIUSDT SMA UNI price UNI

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-24 @ 12:00:10 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 416 words

Reading Time: 3 minutes read

Sentences: 70 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 25401185

View Article Analysis

About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 9 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

Publisher Details

Frequently Asked Questions