Uniswap cryptocurrency be expected to fall further toward the next support level 5.620 (which has been reversing the price from the start of August).
– Uniswap reversed from strong resistance level 7.125
– Likely to fall to support level 5.620
Uniswap cryptocurrency recently reversed from the strong resistance area located between the strong resistance level 7.125 (former strong support from July, acting as the resistance after it was broken at the end of July, as can be seen from the daily Uniswap chart below) and the upper daily Bollinger Band. The resistance level 7.125 is also the upper boundary of the narrow sideways price range inside which the price has been trading from the start of August. The downward reversal from this resistance area stopped the previous short-term ABC correction ii.
Given the clear daily downtrend, Uniswap cryptocurrency be expected to fall further toward the next support level 5.620 (which has been reversing the price from the start of August).
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