Uniswap (UNI) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Decentralized Exchange has dropped 4.16% to $7.83.
InvestorsObserver is giving Uniswap a 50 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 50, placing it in the top 50% of cryptos on the market.The Volatility Gauge tracks meaning that one day won't make or break its rank. UNI's moderate volatility reading is paired 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 at $7.4 and resistance around $8.14. This positions Uniswap with room to run before facing selling pressures.
