UNISWAP ANALYSIS UNI saw a respectable 7.4% price hike today as the coin breaks the 100-day EMA and reaches as high as $24. The cryptocurrency had bounced from around $14 in the last half of July and started to surge higher from there. Today’s price spike caused UNI to hit resistance at a long-term descending trend line, extended from the May peak. UNI did manage to break the July high as a short-term bullish trend starts to develop. UNI is ranked in the 10th position as it currently holds a market cap value of around $13.48 billion. UNI/USD price short-term prediction: Neutral UNI is still neutral until it can break above the July high at around $29. It would need to fall back beneath $16 to be in danger of turning bearish in the short term. If the sellers push lower, the first support lies around $22.50, provided by the 100-day EMA level. This is followed by more support at $21.45 (.236 Fib Retracement), $20 (.382 Fib Retracement & 200-day EMA), $18.86 (.5 Fib Retracement), and $17.72 (.618 Fib Retracement). Where is the resistance toward the upside? On the other side, the first resistance is located at the falling trend line at around $24. This is followed by resistance at $25.17 (bearish .382 Fib Retracement), $26.50 (1.272 Fib Extension), $27.87 (1.414 Fib Extension), $29 (bearish .5 Fib Retracement), and $30 (1.68 Fib Extension). Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #uniswap🦄 #uniswapethereum #uniswapcoin #uniswaptoken #uniswapprotocol #uniswap #uniswapexchange #uniswaps https://www.instagram.com/p/CSNETeOhPV2/?utm_medium=tumblr