Crypto Express
06/10 23:13
UNI Price analysis
In the weekly timeframe, the UNI price has been consolidating since April 2024 after a successful bullish breakout from the 2022 bear market. In the past few weeks, the UNI price has successfully rebounded from the lower border of horizontal consolidation.
Moreover, the weekly MACD line has crossed the signal line amid rising bullish histograms.
In the four-hour timeframe, the UNI price successfully broke out of an inverse head and shoulders (H&S) pattern. With the four-hour Relative Strength Index (RSI) having surged above the 70 percent level, UNI price is well positioned to rally towards the next target range between $15.2 and $18.6.
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