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Cryptocurrency News Articles

BlockDAG Explorer Becomes The Ultimate Developer Playground, Community Soars Past 140k; UNI & APT Updates Inside!

Oct 08, 2024 at 10:00 am

Uniswap's price remains steady despite mixed signals from the market, and Aptos has surged by 36.5%, buoyed by robust network growth.

BlockDAG Explorer Becomes The Ultimate Developer Playground, Community Soars Past 140k; UNI & APT Updates Inside!

Uniswap (UNI) price shows signs of life despite broader market uncertainty. After an 8% drop in just 24 hours, UNI’s price appears to be making a slight recovery, now trading around the $7 mark. This comes as the global tensions continue to impact the market, causing both bearish and bullish pressures.

Based on recent performance and technical analysis, UNI might not be the best crypto to buy now. However, let’s take a closer look at the recent price action and what it might mean for those interested in adding UNI to their portfolio.

After a strong rally in March, which saw UNI’s price double from around $3.5 to over $7, the token has been trading within a relatively narrow range. After hitting resistance at $7.5, UNI encountered selling pressure, which pushed it down to around $6.8 by the end of the month.

Now, as April begins, UNI’s price is showing signs of holding around the $7 mark, with some buying interest emerging. This could be due, in part, to the broader market showing signs of?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????

Original source:themerkle

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