UNI price reaches $15.984 per coin, up 3.10% on the day
Uniswap price quote for today, UNI latest price breakout to $15.984, up 3.10%, trading volume $1.061bn By parsing the k-chart, it is now in an oscillating trend. It has dropped sharply from 11:00 and recovered from 06:00. Rising prices but falling trading volume usually indicates that the market is losing upward momentum and the number of buyers is decreasing. This volume-price divergence may be caused by a lack of selling. In this case, prices may retrace or consolidate sideways in the future as the lack of trading volume makes it difficult to sustain the price rise. Investors need to be alert to the risk of a pullback from higher levels and watch for trading volume to keep up with price rises and for new buying to step in. Trading volume is decreasing and prices are rising. The Williams indicator suggests that it is now in a state where it is not overbought or oversold. The volume of trades has decreased recently, the volume of trades is lower than in the previous hours, the price is rising and the volume of trades is falling: the upward momentum is weakening. Upward momentum is weakening, we suggest to wait and see, pay attention to the subsequent volume and price changes and new buy orders. The above is for reference only and does not constitute investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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