Reasons why Uniswap [UNI] earned a spot among weekly best performers
Uniswap’s UNI token looked like it was going to give up last week’s gains after its bearish start this week. However, it delivered a strong mid-week bounce back, pushing it to last week’s highs by press time.
It retraced to a low of $5.45 on 12 July before UNI pulled a recovery by more than 19%. It traded at $6.28 on 14 July, securing its position above the 50-day moving average.The bullish reversal took place right above UNI’s 50% RSI level. Its Money Flow indicator confirmed that ample accumulation backed the upside. Well, both indicators suggested that UNI had more room for growth.
Addresses holding between one and 10 million UNI coins have been trimming their balances, hence limiting the potential upside. Their balances dropped by 0.02% in the last 24 hours of 14 July while addresses holding between 100,000 and one million coins increased their holdings by 0.01% during the same period.Addresses holding between 10,000 and 100,000 UNI coins added to their balances by 0.01% during the same period. Meanwhile, addresses holding more than 10 million coins remained constant.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Reasons why Polkadot lost its important support zone this weekPolkadot’s native cryptocurrency DOT established a support line near the $6.40 price level after bottoming out in June. It also retested this support level multiple times in the last few weeks. Another retest occurred this week but this time the same support line showed signs of weakness. DOT dipped as low as $6.26% on 12 […]
Read more »
Wealthy Toronto pockets see big drops in average income, with a nearly 50 per cent decline in YorkvilleStatistics Canada points to development, pandemic migrations and big dividends in 2015 among reasons for the change.
Read more »
Cross-examination of N.S. killer's spouse could promote conspiracy theories: lawyerThe lawyer of representing the spouse of Gabriel Wortman says there are good reasons why she will not face cross\u002Dexamination.
Read more »
Quebec comes in strong, Shad extends his history making record on Polaris short list | Globalnews.caPop provocateur Hubert Lenoir, Congolese-Canadian Pierre Kwenders and electronic orchestral composer Ouri are among the 10 contenders for the $50,000 award for best Canadian album.
Read more »
How to confidently spend your money in retirement, advice from a retiree on enjoying life and how much is too much in your RRSPContent from The Globe’s weekly Retirement newsletter
Read more »
Newsletter - North and South America
Read more »