{"id":400122,"date":"2024-06-17T18:30:46","date_gmt":"2024-06-17T13:00:46","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=400122"},"modified":"2024-06-17T19:04:29","modified_gmt":"2024-06-17T13:34:29","slug":"can-uniswap-prices-break-past-14-after-a-70-rise","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/can-uniswap-prices-break-past-14-after-a-70-rise\/","title":{"rendered":"Can Uniswap prices break past $14 after a 70% rise?"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><em><span style=\"font-weight: 400;\">Uniswap has recorded a 13.34% surge in the last four days<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><em><span style=\"font-weight: 400;\">Key indicators show a continued bullish momentum and a breakout from $12.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/ambcrypto.com\/predictions\/uniswap-price-prediction\/\" target=\"_blank\" rel=\"noopener\">Uniswap [UNI]<\/a>, the decentralized exchange, has been in recovery for the last seven days as it&#8217;s price surged by over 13%. However, i<\/span><span style=\"font-weight: 400;\">n the last 24 hours, it has recorded a 2.7% drop after experiencing a price surge the previous day.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In fact, at press time, UNI was trading at $11 following its latest correction at $6.7. Since starting a bullish trend, the asset has gained over 70% in three weeks, pushing the prices to $11.9.\u00a0<\/span><\/p>\n<figure id=\"attachment_400124\" aria-describedby=\"caption-attachment-400124\" style=\"width: 1290px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/PAUNI.png\"><img decoding=\"async\" class=\"wp-image-400124 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/PAUNI.png\" alt=\"\" width=\"1290\" height=\"722\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/PAUNI.png 1290w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/PAUNI-300x168.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/PAUNI-1024x573.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/PAUNI-768x430.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/PAUNI-1200x672.png 1200w\" sizes=\"(max-width: 1290px) 100vw, 1290px\" \/><\/a><figcaption id=\"caption-attachment-400124\" class=\"wp-caption-text\">Source: Tradingview<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">AMBCrypto&#8217;s analysis indicates that the current price was 74% below its highest level while enjoying a 2540% increase from ATL. From its lowest price of $6.9 on 3rd May,\u00a0<\/span><span style=\"font-weight: 400;\"> it has recovered by 56.4% to $10.92. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The current price indicates a continued bullish trend with the potential to break the $12 resistance level. With a 56% rise above the resistance level, the prices can surge past $14 with $13.7 as its potential next price shift.<\/span><\/p>\n<figure id=\"attachment_400125\" aria-describedby=\"caption-attachment-400125\" style=\"width: 1236px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/CMF-II.png\"><img decoding=\"async\" class=\"wp-image-400125 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/CMF-II.png\" alt=\"\" width=\"1236\" height=\"731\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/CMF-II.png 1236w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/CMF-II-300x177.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/CMF-II-1024x606.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/CMF-II-768x454.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/CMF-II-1200x710.png 1200w\" sizes=\"(max-width: 1236px) 100vw, 1236px\" \/><\/a><figcaption id=\"caption-attachment-400125\" class=\"wp-caption-text\">Source: Tradingview<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Also, the current positive CMF of 0.07 indicates higher buying pressure than selling. A higher buying pressure implies extended accumulation rates than sell-offs. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The indicators reinforce the bullish trend&#8217;s continuity.<\/span><\/p>\n<h2><strong>Uniswap&#8217;s market outlook<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Looking further, according to Coinglass, UNI has reported low liquidation rates. Coinglass data indicates that investors at short positions have the lowest liquidation rates of $2.43k at press time.<\/span><\/p>\n<figure id=\"attachment_400126\" aria-describedby=\"caption-attachment-400126\" style=\"width: 1852px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/ligui.png\"><img decoding=\"async\" class=\"wp-image-400126 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/ligui.png\" alt=\"\" width=\"1852\" height=\"525\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/ligui.png 1852w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/ligui-300x85.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/ligui-1024x290.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/ligui-768x218.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/ligui-1536x435.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/ligui-1200x340.png 1200w\" sizes=\"(max-width: 1852px) 100vw, 1852px\" \/><\/a><figcaption id=\"caption-attachment-400126\" class=\"wp-caption-text\">Source: Coinglass<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">At the same time, long positions have higher liquidity levels of $383k.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> However, the overall liquidation is low and sets for a further fall. This low liquidation shows stable market conditions, with fewer traders having to sell their positions. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thus, low selling pressure helps maintain existing prices while supporting a gradual price increase.<\/span><\/p>\n<figure id=\"attachment_400123\" aria-describedby=\"caption-attachment-400123\" style=\"width: 1431px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/excha.png\"><img decoding=\"async\" class=\"wp-image-400123 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/excha.png\" alt=\"\" width=\"1431\" height=\"638\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/excha.png 1431w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/excha-300x134.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/excha-1024x457.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/excha-768x342.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/excha-1200x535.png 1200w\" sizes=\"(max-width: 1431px) 100vw, 1431px\" \/><\/a><figcaption id=\"caption-attachment-400123\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Broadly, Santiment&#8217;s data on exchange inflow shows a downtrend. Reduced exchange inflow implies lower selling pressure, which drives prices up. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Lower selling pressure is equated with market stability. This data implies that the UNI market is stable and set for further price increases as the market sentiment indicates no intention to sell.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\">Is your portfolio green? Check out the\u00a0<a href=\"https:\/\/ambcrypto.com\/calculator\/profit\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">UNI Profit Calculator<\/a><\/p>\n<hr \/>\n<h2><strong>How far will the bullish momentum hold?\u00a0\u00a0<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">UNI&#8217;s current price at $10.9 is testing the resistance level, indicating the potential breakout from the pattern. If it breaks out off the $12 resistance level, it indicates that buyers could aim toward $17 and pass it. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the market moves past a high of $17, it could aim past $22 if the exact price change holds.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the last 7 days, Uniswap has been in a bullish trend. The trend seems set to continue with key indicators suggesting further gains.\u00a0<\/p>\n","protected":false},"author":94,"featured_media":400128,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[6427],"class_list":["post-400122","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view","tag-ambcrypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Can Uniswap prices break past $14 after a 70% rise? - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Uniswap [UNI], the decentralized exchange, has been in recovery for the last seven days as it&#039;s price surged by over 13%.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/can-uniswap-prices-break-past-14-after-a-70-rise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Can Uniswap prices break past $14 after a 70% rise? - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"In the last 7 days, Uniswap has been in a bullish trend. 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