#Uniswap (UNI) Price Gives Strong Breakout Above $10, How Far Will the Rally Continue?
Uniswap price chart shows a bullish golden cross pattern, indicating potential for further gains. The RSI stands at 52.68 allowing room for additional price
UNI coin has experienced a strong breakout above $10 opening the gates for another 30-50% rally.
The Uniswap RSI stands at 52.68, indicating the potential for further price movements.
Uniswap can extend the rally to $13.15 and further to $15 from the current levels.
Despite strong consolidation in the broader crypto market Uniswap’s native cryptocurrency UNI has given a strong breakout above $10. The Uniswap price today is trading 8.8% up at $10.68 with a market cap of $6.4 billion. However, the daily trading volumes for UNI coin have dropped by 25% moving all the way to $262 million.
UNI Coin Forms Golden Cross on Charts
On the technical chart patterns, Uniswap continues to show strength by forming the bullish golden cross pattern. The Golden Cross forms whenever the 50-day moving average surpasses the 200-day moving average. The recent price movements show a strong Uniswap price recovery from the lower levels.
