Uniswap (UNI) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Decentralized Exchange has gained 10.17% to $9.11.
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 takes into account which means that one day won't define its volatility rank - a trend will. UNI's moderate volatility reading is coupled 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 near $7.86 and resistance near $8.66. This leaves Uniswap out of range and potentially in a volatile position if the rally burns out.
