×
News Home

What do the Long-Term Technicals Predict for Uniswap (UNI) Thursday?

Thursday, January 20, 2022 07:51 AM | InvestorsObserver Analysts
What do the Long-Term Technicals Predict for Uniswap (UNI) Thursday?

Uniswap receives a strong long-term technical score of 67 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, UNI holds a superior long-term technical analysis score than 67% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

Long-Term Technical - 67
InvestorsObserver is giving Uniswap a 67 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Uniswap!

Trading Analysis

The current trading price of $15.610000000 for UNI is -$4.9200000 (-23.98%) below the tokens 100-day moving average of $20.530000000. UNI meanwhile is $8.4900000 (64.78%) above its 52-week low of $7.120000000 and -$29.36000000 (12.47%) under its 52-week high price of $44.970000000. Uniswap's current price relative to the tokens long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 67. The price movement and range of UNI suggest that investors are neutral on the token at this time. Uniswap has a total market value of $9,792,065,767.40 with an high average daily volume of $883,139,869.36 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, UNI's volume is below its average with $135,409,274.17 exchanged in total. This token's subclass Decentralized Exchange: A peer-to-peer (P2P) marketplace for buyers and sellers of cryptocurrencies. Decentralized exchanges keep users in control of their private keys during transactions which is not the case on a centralized exchange.

Summary

Trading patterns over the last year for Uniswap leads to the token's a strong long-term technical score of 67 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token. Click Here to get the full Report on Uniswap (UNI).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App