The cryptocurrency market has taken another small dive after a day or two of recovery. At $2.1 trillion, its total cap has fallen by around [...]

OlympusDAO and its forks have suffered a rough stretch in the last week.

UNI coin price approaches the resistance trendline of the falling broadening wedge pattern. Can bulls break it this time? Uniswap is a famous decentralized buying and selling protocol, acknowledged for its position in facilitating the computerized buying and selling of decentralized finance (DeFi) tokens. Its objectives are to preserve token buying and selling computerized and absolutely open to anybody who holds tokens. At the same time, enhances the performance of buying and selling as opposed to that on conventional exchanges. The exchange creates greater performance via means of fixing liquidity troubles with computerized solutions, fending off the issues which plagued the primary decentralized exchanges. Let us move ahead to read about Uniswap technical analysis. Past Performance of UNI The UNI coin price action shows a bullish reversal from the horizontal level of $14 resulting in a price jump of more than 20%. The price jumps breaks above the $16 zone and approaches the resistance trendline. However, the bearish candle forming near the trendline hints at a bearish reversal. UNI/USD Daily Chart UNI Technical Analysis The UNI coin price approaches the resistance of the falling wedge pattern in the daily chart. However, the high selling pressure near the trendline seems to suppress the short-term bullish rally.  Crucial EMAs (50, 100, and 200) trend lower in a bearish alignment in the daily chart. The price faces dynamic resistance near the 50-day EMA, resulting in the bearish candle at press time.  The RSI indicator at 51% shows a sudden decrease in the slope resulting in a fall towards the central line (50%) in the daily chart. Therefore, the indicator reflects a sudden fall in the underlying bullish momentum. The MACD indicator shows a rising movement in the MACD line after the bullish crossover with the signal line. Therefore, the indicator remains bullish for the coin.  Therefore, the UNI coin price action and technical indicators wait for the breakout of the trendline or the $16 zone to give a decisive signal.  Upcoming Trend The UNI coin price struggles to rise above the high selling pressure area, moving along with the resistance trendline and the 50-day EMA. However, the $16 support zone stands strong and attempts to push the price higher.  Therefore, traders need to wait for the price action confirmation before picking a side.  The price action suggests upcoming resistance levels at $19 and $22 following the resistance trendline. And, in case of a bearish reversal, the price can find support at $16 and $14. At the time of writing, the sentiment chart gives a “BUY” signal for the UNI token. Technical Analysis for UNIUSD

The post UNI Technical Analysis: Price Approaches the Broadening Wedge Resistance, Is It Time for a Breakout Entry Opportunity? appeared first on Cryptoknowmics-Crypto News and Media Platform.

In this guide, we list the ERC-20 tokens currently supported by mobile wallet Coins.ph in the Philippines.

The post What are the ERC-20 Tokens Supported by Coins.ph appeared first on BitPinas.

The price of Uniswap (UNI) has moved positively in the lower part of the chart.

In 2021, crypto finally broke away from being just BTC and ETH into a multifaceted industry with dozens of promising chains, tokens, projects and applications.   Some of these projects, especially in GameFi, stopped being tied directly to the price of Bitcoin and began being appreciated as major developments in their own right.

The post Top 10 Crypto Stories of 2021 | Footprint Analytics Annual Report 2021 appeared first on CryptoSlate.

Crypto analyst and host of Altcoin Daily Austin Arnold is laying out his top crypto picks as the markets try to shake off a sluggish start to the year. In a new video, the closely followed trader tells his 1.19 million subscribers that he remains interested in Bitcoin (BTC) as an asset despite the massive […]

The post These Crypto Assets Have 10X Potential in 2022, According to Altcoin Daily appeared first on The Daily Hodl.

Uniswap (UNI) is starting to see some price consolidation after the tempestuous last few…

The post Uniswap (UNI) sees price consolidation with a 20% upswing now possible appeared first on Coin Journal.

The post Ethereum Whales Parting Ways With ETH! Is A Plunge to $3000 Imminent This Season? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The second-largest cryptocurrency of the global crypto market has been sailing the rough tides, ever since its London hard fork upgrade. Which has slandered the price projections of the alt star to narrow bandwidths. While Ethereum maximalists are optimistic of situations stabilizing with the merger to ETH 2.0. The delay in the update going live …

To the Esports Wales community, I am very happy to address you in this new year. It’s been a difficult year for many with events/plans cancelled and not being able to see family and friends. I hope that Esports Wales has been a safe haven for people to meet and socialize with others over the […]

Things to know: – Through Ledger Live*, you can swap a crypto for another through services operated by different partners, called decentralized exchanges (DEXs).– 1inch Network – a DEX aggregator enabling its users to swap at most competitive rates – is now available in Ledger Live. – Combining 1inch with Ledger allows competitive swapping rates whilst […]

With so many new decentralized finance (DeFi) protocols emerging almost daily on the Ethereum blockchain, those in the crypto space hear almost every day...