Recently, the price of UNI tokens has experienced significant volatility during the U.S. trading hours, which may be related to the poor economic data released in the U.S., triggering pessimistic market sentiment. However, with the U.S. stock market closed over the weekend, we expect UNI to potentially see an upward correction.



Currently, the price trend of UNI seems to align with Ethereum, sitting in the bottom area. While some analyses point out that 10.381 may be the next important price level, there are even views suggesting it could drop to 10.488. However, even with further declines, it would be difficult to break through the psychological barrier of 10.0.

From the spot market perspective, UNI may have entered a range suitable for short-term entry. For futures traders, when the UNI/USDT trading pair price is around 10.652, it may be worth considering gradually establishing long positions.

It is important to note that the cryptocurrency market is highly volatile, and investors should act cautiously and manage risks effectively. At the same time, market sentiment and macroeconomic factors can significantly impact the price of UNI, so it is crucial to continuously monitor relevant news and data.
UNI1.76%
ETH3.39%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
ZenZKPlayervip
· 08-16 07:51
Oh no, it fell again. Margin Replenishment has bankrupted me.
View OriginalReply0
SilentAlphavip
· 08-16 07:28
Buy a hair and wait a little longer.
View OriginalReply0
CryptoNomicsvip
· 08-15 23:50
*sigh* your ta completely ignores the markov chain implications here... statistically insignificant price levels tbh
Reply0
HashBrowniesvip
· 08-15 23:47
Are you still buying the dip with this market? What's the panic about?
View OriginalReply0
BearMarketBarbervip
· 08-15 23:47
All in is the right way, just waiting to da moon.
View OriginalReply0
OldLeekNewSicklevip
· 08-15 23:34
Is this data even worthy of being called Unfavourable Information? The suckers have been trained to have resistance.
View OriginalReply0
BearMarketBuyervip
· 08-15 23:29
Just copy it, I've already gone all in anyway.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)