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Weekly forecast Uniswap technical chart

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMarch 19, 2023 - 14:15
Currentrange bound
Forecastcontinuation of uptrend

Midterm forecast:

  • While the price is above the support 3.350, continuation of uptrend is expected.
  • We make sure when the resistance at 9.600 breaks.
  • If the support at 3.350 is broken, the short-term forecast -continuation of uptrend- will be invalid.

Technical analysis:

  • The RSI downtrend #1 is broken, so the probability of continuation of uptrend is increased.
  • A trough is formed in daily chart at 5.230 on 03/11/2023, so more gains to resistance(s) 7.350, 7.800 and maximum to Major Resistance (9.600) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 53.

Symbol Released Current Forecast
Uniswap (UNIUSD) new Wed, 19 Jun 2024
Uniswap (UNIUSD) Mon, 10 Jun 2024
Uniswap (UNIUSD) Sun, 2 Jun 2024
Uniswap (UNIUSD) free Sun, 26 May 2024
Uniswap (UNIUSD) Sun, 19 May 2024