The UNI/USD price on #Uniswap has dropped 3.08% to $5.47 in the last day. This is in contrast to its recent #upward trend, which has seen it increase by 3.0% from $5.3 to its present price.

The chart below contrasts Uniswap's price movement and volatility over the previous 24 hours (on the left) and over the previous week (on the right). The #Bollinger Bands in grey represent the #volatility of both daily and weekly price changes. The volatility increases with the width of the bands or the size of the grey area at any particular time.

Will Bitcoin’s Silent Volatility End Soon with Looming Breakout Deadlines? 🤔

#bitcoin remains remarkably calm after the weekly close, defying expectations for price volatility.

The cryptocurrency hovers within a tight trading range below $30,000, frustrating both bulls and bears as they struggle to influence a new price trend. With minimal macroeconomic triggers, attention turns to whale accumulation and historic patterns suggesting an imminent #breakout .

The #Bollinger Bands metric highlights the current subdued volatility, akin to periods in 2016 and 2023. Despite a brief uptick in volatility at the weekly close, Bitcoin quickly reverted to its position around $29,000.

What do you think? Leave a comment 👇🏻

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