InvestorsObserver gives Uniswap a weak long-term technical score of 23 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token’s support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it’s a strong buy-and-hold investment opportunity currently for traders.
UNI at this time has a superior long-term technical analysis score than 23% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover tokens that have bottomed out.
Uniswap’s price is -$7.90 (-32.29%) below its 100-day moving average price of $24.46 as its price at the moment sits at $16.56. Additionally, UNI is $13.64 (190.12%) higher than its 52-week low price of $2.93 while -$28.41 (14.59%) under its 52-week high of $44.97. The current trading price in relation to its long-term average along with its 52-week high and low, gives UNI an average long-term technical score of 23. Long-term trading movement of Uniswap suggest that investors are bearish on the token at the moment.
Uniswap has a total market value of $10,400,605,497.35 with an high average daily volume of $4,124,621,429.31 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, UNI’s volume is below its average with $784,808,019.26 exchanged in total.
This token’s subclass Decentralized Exchange: A peer-to-peer (P2P) marketplace for buyers and sellers of cryptocurrencies. Decentralized exchanges keep users in control of their private keys during transactions which is not the case on a centralized exchange.
UNI’s historical trading over the past year gives it a a weak long-term technical score of 23 as its price movement in that time has given investors reason to be bearish on the token in the long-term.
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