Uniswap (UNI)
Uniswap (UNI) is a decentralized finance protocol used for cryptocurrency exchange. It operates on the Ethereum blockchain. Uniswap allows for automated transactions between cryptocurrency tokens through the use of smart contracts, without the need for a centralized order book like traditional exchanges.
If the recent breakout above $10.4 continues, buyers could target a potential goal of $13.3, followed by $17. With the current momentum, the 20-day EMA could provide dynamic support for UNI to extend the recovery trend.