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Cryptoknowmics 2022-03-24 20:00:54

UniSwap Price Prediction: What will happen to UNI in 2022?

Uniswap price analysis is bullish today as we expect more upside to follow after the trend rejected a downside last midnight. UNI/USD has since tested upside, with the current number of buyers in the market. Probably, if buyers remain strong there is a high likelihood that the bullish trend will continue. Uniswap has recently been on a downtrend since mid-January, we are expecting a turn soon with the bullish trend in the cryptocurrency market currently. Uniswap price movement in the last 24 hours: Uniswap retest downside, bullish trend continue UNI/USD traded in a range of $9.18- $9.89, indicating a moderate spike over the last 24hours. Trading volume has declined by 8.22percent, totaling $225 million. UNI/USD 4-hour chart: UNI seems to have a bullish trend In the 4hour chart, we can see the Uniswap price setting a higher low and a lower high indicating consolidation in an increasingly narrow range. UNI prices saw a sharp reversal this week after a continuous downtrend. What do influencers think about the price direction of Uniswap? Popular youtube analyst Crypto prince applauded Uniswap as one that was on its way to being the best altcoin. Uniswap operates on a decentralized P2P exchange automated market maker. The analyst also pointed out that the main feature that will contribute; to the rise of Uniswap is that being linked to Ethereum enabled two smart contracts to earn interests and provide liquidity directly from the li...

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