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Uniswap Price Prediction: UNI Eyes Continuation After Breakout as Governance Shift Nears


by Maxwell Mutuma
for CoinEdition
Uniswap Price Prediction: UNI Eyes Continuation After Breakout as Governance Shift Nears

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  • UNI consolidates near $8.18, holding above 9 EMA and 61.8% Fibonacci support zone.
  • Futures open interest jumps to $770M, signaling renewed trader activity and confidence.
  • Net inflows of $20.96M and the UNIfication proposal boost UNI’s medium-term bullish outlook.

Uniswap (UNI) is showing renewed strength heading into mid-November, with price action and market data suggesting that the token could extend its recovery toward the $10 level. After a strong surge from $4.78 earlier this quarter, UNI has maintained a bullish tone despite brief consolidation phases. Recent momentum in derivatives and spot inflows further reinforces optimism among traders, who appear to be positioning for a potential breakout.

Price Holds Above Key Support

Uniswap’s latest rally reached $9.03 before encountering mild profit-taking. The token is now consolidating near $8.18, just belo…

Read The Full Article Uniswap Price Prediction: UNI Eyes Continuation After Breakout as Governance Shift Nears On Coin Edition.

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Uniswap Price Prediction: UNI Eyes Continuation After Breakout as Governance Shift Nears


by Maxwell Mutuma
for CoinEdition
Uniswap Price Prediction: UNI Eyes Continuation After Breakout as Governance Shift Nears

Share:

  • UNI consolidates near $8.18, holding above 9 EMA and 61.8% Fibonacci support zone.
  • Futures open interest jumps to $770M, signaling renewed trader activity and confidence.
  • Net inflows of $20.96M and the UNIfication proposal boost UNI’s medium-term bullish outlook.

Uniswap (UNI) is showing renewed strength heading into mid-November, with price action and market data suggesting that the token could extend its recovery toward the $10 level. After a strong surge from $4.78 earlier this quarter, UNI has maintained a bullish tone despite brief consolidation phases. Recent momentum in derivatives and spot inflows further reinforces optimism among traders, who appear to be positioning for a potential breakout.

Price Holds Above Key Support

Uniswap’s latest rally reached $9.03 before encountering mild profit-taking. The token is now consolidating near $8.18, just belo…

Read The Full Article Uniswap Price Prediction: UNI Eyes Continuation After Breakout as Governance Shift Nears On Coin Edition.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

Pi Network (PI) Price Prediction: Can Pi Network Break $0.24 Resistance Amid Unlock Schedule and Node Upgrade?

Pi Network (PI) Price Prediction: Can Pi Network Break $0.24 Resistance Amid Unlock Schedule and Node Upgrade?

Pi Network (PI) is trading around $0.227, showing mild recovery after a sharp rally a...
Aster Price Prediction: Market Consolidation Hints at Renewed Bullish Potential

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The Aster (ASTER) market continues to show signs of stabilization as traders cautious...