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Uniswap (UNI) Rises 11.29%, Outperforms the Crypto Market Monday

Monday, December 27, 2021 11:29 AM | InvestorsObserver Analysts
Uniswap (UNI) Rises 11.29%, Outperforms the Crypto Market Monday

Uniswap (UNI) has been relatively less volatile compared to the crypto market. So far Monday, the Decentralized Exchange has added 11.29% to $19.37.

volatility - 14
InvestorsObserver is giving Uniswap a 14 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 14, placing it in the bottom 14% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. UNI's low volatility reading is paired 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 trading above resistance. With support at $16.5 and resistance at $18.55. This positions Uniswap out of range and potentially in a volatile position if the rally burns out.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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