Uniswap (UNI) has been relatively less volatile compared to the crypto market. So far Saturday, the Decentralized Exchange has fallen 4.42% to $17.16.
InvestorsObserver is giving Uniswap a 16 Volatility Rank. Find out what this means to you and get the rest of the rankings on Uniswap!
Low Volatility
InvestorsObserver gives Uniswap a low volatility rank of 16, placing it in the bottom 16% 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 low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Uniswap price is in a favorable position going forward. With support around $15.99 and resistance around $17.74. This leaves Uniswap with room to run before facing selling pressures.