Trending on the DEX block, Uniswap’s UNI token is causing a stir! Some say it’s taking a ��impact, but is it time to panic? Let’s dive in and see what’s really going on.
UNI Technical Analysis: Hanging On By a Thread?
Our pals at AMBCrypto noticed UNI struggling to hold on to its crucial $12.50 support level. After multiple attempts to regain its footing, the token took a tumble. But, hey, it’s still above its 200 EMA on the daily timeframe! So, is UNI on an uptrend or about to take a nosedive? 🤔
Investors Dumping UNI: A Cause for Concern?
With the recent breakdown, investors and long-term holders are dropping UNI like it’s hot! Exchanges have seen UNI inflows worth $10.20 million in just 24 hours. But, hey, who doesn’t love a good old-fashioned dump? 🤑
Uniswap v4 Upgrade: A Light at the End of the Tunnel?
Just when you thought UNI was down for the count, Uniswap announces its v4 upgrade! Rollouts have already begun, and full deployment is expected next week. Will this be the game-changer UNI needs? Only time will tell! �� crystal ball
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2025-01-26 05:12