Uniswap (UNI) gets a neutral rating from InvestorsObserver Friday. The Decentralized Exchange asset is up 5.82% to $8.97 while the broader crypto market is up 5.71%.
Neutral
Over the last five days, Uniswap has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Uniswap over the past five days by volume and price movement.
The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.
Price Levels
Uniswap is currently trading near its midpoint for the past five-days. The Decentralized Exchange asset is 13.76% off its five-day high and is 18.20% higher than its five-day low of $7.59.
Uniswap price is trading near resistance. With support set around $7.73 and resistance at $9.07, could face selling pressures soon.
Uniswap has traded on low volume recently. This means that today’s volume is below its average volume over the past seven days.
What is a token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
Due to a lack of data, this crypto may be less suitable for some investors.
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