Uniswap hits 3-year high: 20% up

UNI price has risen 20%, reaching resistance at $19, a level that has not been tested in the last three years. A consolidation above $17 could open the way to new highs.

Indicators point to further growth:

RSI: Increased from 33 to 67, signaling an exit from oversold conditions. A consolidation above 70 will move UNI into the overbought zone, which could strengthen the growth.

BBTrend: Increased from -2.47 to -0.82, indicating buyers are becoming more active and selling is weakening.

Key levels:

Resistance is $19.47, a breakout could lead the price to $20 and then to $25. Support is $14.5, a drop below signals a possible downward reversal.

UNI retains upward potential if buyers hold key support levels and breakout resistance.