{"id":502209,"date":"2022-09-14T08:20:55","date_gmt":"2022-09-14T08:20:55","guid":{"rendered":"https:\/\/wncen.com\/?p=502209"},"modified":"2022-09-15T02:27:14","modified_gmt":"2022-09-15T02:27:14","slug":"uniswap-uni-price-struggles","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/uniswap-uni-price-struggles\/","title":{"rendered":"Uniswap (UNI) Price Struggles To Overcome $6.8 Resistance"},"content":{"rendered":"
A Uniswap (UNI) recent market downturn has forced UNI’s trading range to shrink significantly. During the bull market in July, UNI jumped by more than 60 percent in just over two days, prompting the subsequent fall.<\/p>\n
After this price increase, the weeks that followed showed a reversal pattern known as a “head and shoulders,” which eventually led to a price decline.<\/p>\n
The price showed significant volatility over a 16-day period, as evidenced by the market’s historical statistics. This volatility pointed to a fierce battle between bulls and bears.<\/p>\n