Uniswap (UNI) Price Prediction: UNI/USD Primed for a Breakout as Bulls Target $7

Uniswap's UNI/USD price has increased 6.18% over the past 24 hours to $6.51. Over the past week, UNI has experienced an uptick of over 5.0%

UNI price today: up 6% to $6.51 as crypto markets show signs of life Benzinga - Benzinga Staff Cryptocurrency prices have shown signs of life on Friday, with most coins in the top 200 trading in the green. UNI price today UNI/USD soared 6.18% over the past 24 hours to $6.51. Over the past week, UNI has experienced an uptick of over 5.0%, moving from $6.14 to its current price. As it stands right now, the coin's all-time high is $44.92. The chart below compares the price movement and volatility for Uniswap over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

UNI price analysis: promising technicals, but what next? The past 24 hours have seen UNI/USD experience a promising surge in price, up 6% to the $6.51 mark. This follows a promising week for the coin, with a total price increase of over 5%. UNI/USD is currently trading at its highest price point since mid-March, which could indicate promising technicals for the coin. However, despite the promising price action, UNI/USD is still down an alarming 85% from its all-time high. The promising price action could be promising news for traders who purchased UNI at a higher price point and have been waiting to sell at a profit. UNI/USD technical analysis The trading volume for the coin has increased 10.0% over the past week, while the overall circulating supply of the coin has increased 0.34% to over 753.77 million which makes up an estimated 75.38% of its max supply, which is 1.00 billion. The current market cap ranking for UNI is #24 at $4.90 billion. Powered by CoinGecko API This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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