Uniswap (UNI) Trades Near $7 as Technical Momentum Weakens
Photo: TokenPost
Uniswap (UNI) traded at $7.45 on Binance spot at 4:33 a.m. ET (08:33 UTC) Oct. 10, placing the token near a potential $6-$7 technical zone as short-term momentum weakened. UNI was below its seven-day simple moving average at $8.08, 20-day SMA at $8.84, 12-day exponential moving average at $8.19 and 26-day EMA at $8.10. It remained above its 50-day SMA at $7.18 and 200-day SMA at $4.31. The lower Bollinger Band stood at $7.25, compared with a middle band at $8.84 and an upper band at $10.42. UNI’s %B reading was 0.0639, placing the token close to the lower band.
Source: TokenPost
