Uniswap (UNI) Down 0.02% Saturday: What's Next?

Saturday, March 25, 2023 10:01 AM | InvestorsObserver Analysts

Uniswap (UNI) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Decentralized Finance has dropped 2.24% to $5.82.

InvestorsObserver is giving Uniswap a 29 Volatility Rank. Find out what this means to you and get the rest of the rankings on Uniswap!

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Moderately Volatile

InvestorsObserver gives Uniswap a moderate volatility rank of 29, placing it in the bottom 29% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. UNI's moderate volatility reading comes 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 favorably positioned going forward. With support around $5.59 and resistance set at $6.04. This positions Uniswap with room to run before facing selling pressures.