Uniswap (UNI) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Decentralized Finance has advanced 1.87% to $4.
InvestorsObserver is giving Uniswap a 27 Volatility Rank. Find out what this means to you and get the rest of the rankings on Uniswap!
Moderately Volatile
InvestorsObserver gives Uniswap a moderate volatility rank of 27, placing it in the bottom 27% of cryptos on the market.The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. UNI's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Uniswap price is trading above resistance. With support at $3.89 and resistance at $3.95. This positions Uniswap out of range and potentially in a volatile position if the rally burns out.