{"id":504418,"date":"2022-09-30T09:27:13","date_gmt":"2022-09-30T09:27:13","guid":{"rendered":"https:\/\/ktsl888.com\/?p=504418"},"modified":"2022-09-30T12:08:36","modified_gmt":"2022-09-30T12:08:36","slug":"uniswap-could-slide-below-support-zone","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/uniswap-could-slide-below-support-zone\/","title":{"rendered":"Uniswap Could Slide Below Support Zone – No Demand For UNI This Week?"},"content":{"rendered":"
On Thursday, the $6.7 price range of Uniswap was rebuffed once again. The momentum has slowed on the shorter time frames, which is a bearish indicator for traders and investors.<\/p>\n
It’s possible that the recent decline in Bitcoin’s value is responsible for UNI’s lag.<\/p>\n
Statistics show that there is a moderately high relationship between UNI and Bitcoin.<\/p>\n
Recent price changes for both coins show a strong correlation between them. UNI has been closely following Bitcoin’s price action.<\/p>\n
As the bearish slump in Uniswap continues into its second day, the currency pair may be retracing its recent gains.<\/p>\n