{"id":611467,"date":"2024-06-05T04:18:51","date_gmt":"2024-06-05T04:18:51","guid":{"rendered":"https:\/\/ktsl888.com\/?p=611467"},"modified":"2024-06-11T14:19:41","modified_gmt":"2024-06-11T14:19:41","slug":"uniswap-price-uni-pumps-20","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/uniswap-price-uni-pumps-20\/","title":{"rendered":"Uniswap Price (UNI) Pumps 20%: Is This the Start of a Major Rally?"},"content":{"rendered":"<p><em>UNI price started a major increase above the $10.50 resistance. Uniswap is showing positive signs and might eye more upsides above the $12.00 resistance.<\/em><\/p>\n<ul>\n<li>UNI started a fresh increase above the $10.50 resistance zone.<\/li>\n<li>The price is trading above $11.20 and the 100-hourly simple moving average.<\/li>\n<li>There was a break above a key bearish trend line with resistance near $10.35 on the hourly chart of the UNI\/USD pair (data source from Kraken).<\/li>\n<li>The pair might correct gains, but the bulls might eye more upsides above $12.00 in the near term.<\/li>\n<\/ul>\n<h2>UNI Price Regains Traction<\/h2>\n<p>After forming a base above the $9.20 level, Uniswap started a fresh increase like <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-green-70k\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-stuck-3840\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>. UNI price gained pace for a move above the $9.80 and $10.00 resistance levels.<\/p>\n<p>There was a break above a key bearish trend line with resistance near $10.35 on the hourly chart of the UNI\/USD pair. The bulls even pushed the price above the $10.50 and $11.50 resistance levels. Finally, the bears appeared near the $12.00 zone.<\/p>\n<p>A high was formed near $11.795 and the price is now consolidating gains near the 23.6% Fib retracement level of the upward move from the $9.28 swing low to the $11.95 high.<\/p>\n<p>UNI is now trading above $11.20 and the 100-hourly simple moving average. Immediate resistance is near the $11.55 level. The next key resistance is near the $12.00 level. A close above the $12.00 level could open the doors for more gains in the near term.<\/p>\n<figure id=\"attachment_611468\" aria-describedby=\"caption-attachment-611468\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Uniswap-UNI.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-611468 size-full\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Uniswap-UNI.png?resize=1024%2C449\" alt=\"Uniswap Price (UNI)\" width=\"1024\" height=\"449\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Uniswap-UNI.png?w=1950 1950w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Uniswap-UNI.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Uniswap-UNI.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Uniswap-UNI.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Uniswap-UNI.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Uniswap-UNI.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Uniswap-UNI.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-611468\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/UNIUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">UNIUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p>The next key resistance could be near $12.20, above which the bulls are likely to aim a test of the $12.50 level. Any more gains might send UNI toward $13.50.<\/p>\n<h2>Are Dips Supported In Uniswap?<\/h2>\n<p>If UNI price fails to climb above $11.95 or $12.00, it could start a downside correction. The first major support is near the $11.00 level.<\/p>\n<p>The next major support is near the $10.60 level or the 50% Fib retracement level of the upward move from the $9.28 swing low to the $11.95 high. A downside break below the $10.60 support might open the doors for a push toward $10.20.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for UNI\/USD is gaining momentum in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for UNI\/USD is above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $11.00, $10.60, and $10.20.<\/p>\n<p>Major Resistance Levels \u2013 $11.55, $12.00, and $12.20.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UNI price started a major increase above the $10.50 resistance. Uniswap is showing positive signs and might eye more upsides above the $12.00 resistance. UNI started a fresh increase above the $10.50 resistance zone. The price is trading above $11.20 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance near $10.35 on the hourly chart of the UNI\/USD pair (data source from Kraken). The pair might correct gains, but the bulls might eye more upsides above $12.00 in the near term. UNI Price Regains Traction After forming a base above the $9.20 level, Uniswap started a fresh increase like Bitcoin and Ethereum. UNI price gained pace for a move above the $9.80 and $10.00 resistance levels. There was a break above a key bearish trend line with resistance near $10.35 on the hourly chart of the UNI\/USD pair. The bulls even pushed the price above the $10.50 and $11.50 resistance levels. Finally, the bears appeared near the $12.00 zone. A high was formed near $11.795 and the price is now consolidating gains near the 23.6% Fib retracement level of the upward move from the $9.28 swing low to the $11.95 high. UNI is now trading above $11.20 and the 100-hourly simple moving average. Immediate resistance is near the $11.55 level. The next key resistance is near the $12.00 level. A close above the $12.00 level could open the doors for more gains in the near term. The next key resistance could be near $12.20, above which the bulls are likely to aim a test of the $12.50 level. Any more gains might send UNI toward $13.50. Are Dips Supported In Uniswap? If UNI price fails to climb above $11.95 or $12.00, it could start a downside correction. The first major support is near the $11.00 level. The next major support is near the $10.60 level or the 50% Fib retracement level of the upward move from the $9.28 swing low to the $11.95 high. A downside break below the $10.60 support might open the doors for a push toward $10.20. Technical Indicators Hourly MACD \u2013 The MACD for UNI\/USD is gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for UNI\/USD is above the 50 level. Major Support Levels \u2013 $11.00, $10.60, and $10.20. Major Resistance Levels \u2013 $11.55, $12.00, and $12.20.<\/p>\n","protected":false},"author":67,"featured_media":611469,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[54512,87037,82851,80532,87723,82853,82852],"class_list":["post-611467","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-defi","tag-uni-price","tag-unibtc","tag-uniswap","tag-uniswap-price","tag-uniusd","tag-uniusdt"],"acf":[],"yoast_head":"\n<title>Uniswap Price (UNI) Pumps 20%: Is This the Start of a Major Rally?<\/title>\n<meta name=\"description\" content=\"UNI price started a major increase above the $10.50 resistance. 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