As of writing, earlier price declines have eased, withAfter a brief breakout, the 14-day relative strength index is also tracking marginally above a support of its own at 40.95.Like ethereum classic, UNI was also in the red to start the week, as the token moved closer to a multi-month low.
On Monday, UNI/USD found itself trading below a support point of $5.50, with prices falling to as low as $5.42., this is the lowest level UNI has hit since July, however in this instance the bottom occurred on July 11.Looking at the chart, the sell-off led to the RSI hitting a floor of 36.15, with bears using this as a signal to secure previous gains.
Currently UNI is trading higher, with prices close to climbing above the aforementioned support point of $5.50. Should this happen, bullish sentiment will likely begin to return, with traders likely looking to push the token above $6.00.Tags in this story
Do you think it makes sense to spend usdt to buy this project?
I stopped spending USDT on ETC, now I'm thinking what to do next.
Automated trading systems also referred to as mechanical trading systems,algorithmic trading,automated trading or system trading allow traders to establish specific rules for both trade entries and exits that,once programmed,can be automatically executed via a computer. Just a dm
Why is nooboody talkingVYYK aboout this?
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BTCTN - 🏆 531. / 51 Read more »
Source: BTCTN - 🏆 531. / 51 Read more »