{"id":462853,"date":"2022-05-03T06:28:45","date_gmt":"2022-05-03T06:28:45","guid":{"rendered":"https:\/\/wncen.com\/?p=462853"},"modified":"2025-06-11T13:55:26","modified_gmt":"2025-06-11T13:55:26","slug":"uniswap-uni-sets-new-ath-45","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/uniswap-uni-sets-new-ath-45\/","title":{"rendered":"Charted: Uniswap\u2019s UNI Sets New ATH At $45, Why It Could Extend Gains"},"content":{"rendered":"
Uniswap\u2019s UNI gained momentum and traded to a new all-time high near $45.00 against the US Dollar. The price is likely to continue higher above $45.50 and $46.00 in the near term.<\/em><\/p>\n After forming a support base above $40.00, UNI started a fresh increase. The last swing low was near $39.30 before the bulls pushed the price above the $42.00 resistance.<\/p>\n There was a break above a major contracting triangle with resistance near $40.00 on the 4-hours chart of the UNI\/USD pair. The pair broke the $43.00 and $44.00 resistance levels. A new all-time high is formed near $45.05, with a bullish angle, unlike bitcoin<\/a> and just like ethereum<\/a>.<\/p>\n The price is now trading nicely above $42.00 and the 100 simple moving average (4-hours). An immediate support is near the $43.70 level. It is close to the 23.6% Fib retracement level of the upward move from the $39.30 low to $45.05 high.<\/p>\n <\/a><\/p>\n On the upside, the price is facing hurdles near $45.00. A close above the $45.00 level could open the doors for a more gains in the near term. The next key resistance could be near $46.50, above which the bulls are likely to aim a test of the $50.00 level.<\/p>\n If UNI price fails to climb above $45.00 or $45.50, it could correct lower. The first major support is near the $43.70 and $43.50 levels.<\/p>\n The main support is now forming near the $42.00 zone. It is near the 50% Fib retracement level of the upward move from the $39.30 low to $45.05 high. A downside break below the $42.00 support might open the doors for a push towards the key $40.00.<\/p>\n Technical Indicators<\/p>\n 4-Hours MACD \u2013 The MACD for UNI\/USD is gaining momentum in the bullish zone.<\/p>\n 4-Hours RSI (Relative Strength Index) \u2013 The RSI for UNI\/USD is well above the 60 level.<\/p>\n Major Support Levels \u2013 $43.50, $42.00 and $40.00.<\/p>\n Major Resistance Levels \u2013 $45.00, $46.50 and $50.00.<\/p>\n","protected":false},"excerpt":{"rendered":" Uniswap\u2019s UNI gained momentum and traded to a new all-time high near $45.00 against the US Dollar. The price is likely to continue higher above $45.50 and $46.00 in the near term. UNI started a fresh increase after forming a base above the $40.00 level against the US dollar. The price is trading nicely above $42.00 and the 100 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $40.00 on the 4-hours chart of the UNI\/USD pair (data source from Kraken). The pair is likely to continue higher if it clears the $45.00 and $45.50 resistance levels in the near term. Uniswap\u2019s UNI Gains Traction After forming a support base above $40.00, UNI started a fresh increase. The last swing low was near $39.30 before the bulls pushed the price above the $42.00 resistance. There was a break above a major contracting triangle with resistance near $40.00 on the 4-hours chart of the UNI\/USD pair. The pair broke the $43.00 and $44.00 resistance levels. A new all-time high is formed near $45.05, with a bullish angle, unlike bitcoin and just like ethereum. The price is now trading nicely above $42.00 and the 100 simple moving average (4-hours). An immediate support is near the $43.70 level. It is close to the 23.6% Fib retracement level of the upward move from the $39.30 low to $45.05 high. Source: UNIUSD on TradingView.com On the upside, the price is facing hurdles near $45.00. A close above the $45.00 level could open the doors for a more gains in the near term. The next key resistance could be near $46.50, above which the bulls are likely to aim a test of the $50.00 level. Dips Supported? If UNI price fails to climb above $45.00 or $45.50, it could correct lower. The first major support is near the $43.70 and $43.50 levels. The main support is now forming near the $42.00 zone. It is near the 50% Fib retracement level of the upward move from the $39.30 low to $45.05 high. A downside break below the $42.00 support might open the doors for a push towards the key $40.00. Technical Indicators 4-Hours MACD \u2013 The MACD for UNI\/USD is gaining momentum in the bullish zone. 4-Hours RSI (Relative Strength Index) \u2013 The RSI for UNI\/USD is well above the 60 level. Major Support Levels \u2013 $43.50, $42.00 and $40.00. Major Resistance Levels \u2013 $45.00, $46.50 and $50.00.<\/p>\n","protected":false},"author":67,"featured_media":462855,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[82851,80532,82853,82852],"class_list":["post-462853","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-unibtc","tag-uniswap","tag-uniusd","tag-uniusdt"],"acf":[],"yoast_head":"\n\n
Uniswap\u2019s UNI Gains Traction<\/h2>\n
Source: UNIUSD on TradingView.com<\/a><\/pre>\n
Dips Supported?<\/h2>\n