Uniswap was in the green to start the weekend, despite cryptocurrency markets mostly consolidating. The token rebounded from losses suffered on Friday, moving closer to a key resistance level in the process. Dogecoin, on the other hand, fell lower on Saturday as traders attempted to find a stable point of support.Uniswap was one of Saturday’s notable movers, as prices rebounded from declines suffered the day prior.
As a result of this, the token moved closer to a key resistance level of $6.35, which was last hit December 5.In order to recapture this point, UNI bulls will first need to rise beyond a ceiling of 56.70 on the relative strength index . However, should we see price strength surge beyond the aforementioned resistance at 56.70, then it is possible that UNI bulls could send prices towards the $7.00 mark.Dogecoin on the other hand remained in the red, following a failed breakout of a key resistance point on Friday.
The move comes as the meme coin was unable to surge past its ceiling of $0.0990 during Friday’s session.Looking at the chart, this point of resistance coincides with another ceiling — that of the RSI.
They say that bull crypto market is about to begin. We should just be a little more patient as some millionaires and billionaires have been.
Good article, using an instant crypto exchange like SimpleSwap. I have over 500 cryptos to chose from, the platform is user-friendly and secure for everyone.
This week was booring in terms of volatility
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