$UNI traded at 10.94 today, a level it has not seen since August 25 of last year.
Live numbers:
Price: 10.39 USD
24h: +16%, range 8.68 to 10.94
Market cap: 6.44B USD, rank 22
24h volume: 2.42B USD
How it got here: on September 19 price topped at 9.50 and sold off. That level held for three sessions. On September 22 UNI opened at 9.00, went through 9.50 and closed at 10.23, a 13.7% day. Today it extended to 10.94.
Volume backs the move: 207M USD on the main USDT pair on September 22, against 67M two days earlier.
The wider picture is bigger than the day. The 30 day low is 4.145. From there to today's high is +164% in a month.
Context that keeps it honest: UNI is still 76.9% below its all time high of 44.92 from May 2021. This is a recovery inside a long downtrend.
Levels from here. Below price: 9.50, the old ceiling from September 19. Above price: today's high at 10.94, then 10.98, the last high from August of last year.
Follow me for daily trending breakdowns.
#uniswap #uni #defi #crypto #altcoin
Live numbers:
Price: 10.39 USD
24h: +16%, range 8.68 to 10.94
Market cap: 6.44B USD, rank 22
24h volume: 2.42B USD
How it got here: on September 19 price topped at 9.50 and sold off. That level held for three sessions. On September 22 UNI opened at 9.00, went through 9.50 and closed at 10.23, a 13.7% day. Today it extended to 10.94.
Volume backs the move: 207M USD on the main USDT pair on September 22, against 67M two days earlier.
The wider picture is bigger than the day. The 30 day low is 4.145. From there to today's high is +164% in a month.
Context that keeps it honest: UNI is still 76.9% below its all time high of 44.92 from May 2021. This is a recovery inside a long downtrend.
Levels from here. Below price: 9.50, the old ceiling from September 19. Above price: today's high at 10.94, then 10.98, the last high from August of last year.
Follow me for daily trending breakdowns.
#uniswap #uni #defi #crypto #altcoin
