Does it Score Well on Long-Term Trading Metrics Wednesday?

InvestorsObserver gives Uniswap a strong long-term technical score of 76 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token’s support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it’s a strong buy-and-hold investment opportunity currently for traders.

UNI at this time has a superior long-term technical analysis score than 76% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover tokens that have bottomed out.

InvestorsObserver is giving Uniswap a 76 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Uniswap!

Trading Analysis

Uniswap’s price is -$8.4900000 (-36.60%) below its 100-day moving average price of $23.190000000 as its price at the moment sits at $14.700000000. Additionally, UNI is $11.6700000 (122.23%) higher than its 52-week low price of $3.030000000 while -$420.24000000 (1.08%) under its 52-week high of $434.940000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives UNI a strong long-term technical score of 76. Long-term trading movement of Uniswap suggest that investors are neutral on the token at the moment.

Uniswap currently has a total market cap of 9,230,409,332.29 to go along with its average daily volume of 1,315,515,056.38 worth of the currency over the past seven days. UNI’s volume is below its seven day average as of the past 24 hours, with 180,834,701.55 exchanged in that period.

This token’s subclass Decentralized Exchange: A peer-to-peer (P2P) marketplace for buyers and sellers of cryptocurrencies. Decentralized exchanges keep users in control of their private keys during transactions which is not the case on a centralized exchange.

Summary

Technical analysis of Uniswap over the past year results in the crypto receiving a a strong long-term technical score of 76 as its price movement in that time has given traders reason to be neutral on the token in the long-term.

Click Here to get the full Report on Uniswap (UNI).