UNI surges 50% in one week, becomes first DeFi DApp token in crypto’s top 10
published: 1 hour ago
UNI has gained 50% in one week, with the DEX’s native token now representing a market cap exceeding $17.7 billion.
smart summary beta
There was a break below the $600 support level and the 100 hourly simple moving average. The price is currently consolidating above the $585 support and below the 100 hourly simple moving average. To start a strong increase, the bulls need to gain strength above the trend line resistance, the 100 hourly SMA, and $600. A downside break below the $585 support zone could put a lot of pressure on the bulls.