{"id":690,"date":"2021-06-04T15:03:38","date_gmt":"2021-06-04T15:03:38","guid":{"rendered":"https:\/\/deficoins.io\/?p=690"},"modified":"2021-06-04T15:05:48","modified_gmt":"2021-06-04T15:05:48","slug":"uniswap-uni-the-price-is-on-the-verge-of-collapse-to-22","status":"publish","type":"post","link":"https:\/\/deficoins.io\/news\/uniswap-uni-the-price-is-on-the-verge-of-collapse-to-22\/","title":{"rendered":"Uniswap (UNI): The Price Is On The Verge Of Collapse To $22","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\r\n

Unfortunately, the activity and aggressiveness of the UNI market price still remain only in the memory of investors. The protracted consolidation<\/strong> that began in February 2021 will not let go of the UNI price for new growth momentum. During the previous 3 trading weeks on the Uniswap<\/a> market, the situation has not changed.<\/p>\r\n\r\n\r\n\r\n

Buyers’ loss of contro<\/strong>l over the mark of $35 <\/strong>has increased the chances of a strong correction in the UNI market.<\/p>\r\n\r\n\r\n\r\n

\"\"\r\n
Source: Trading view<\/a><\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n

Buyers Are Not Interested In Aggressive Purchases<\/h2>\r\n\r\n\r\n\r\n

As we can see in the daily timeframe, the main critical range of $30-31 remains relevant.<\/strong> However, looking at low trading volumes during local attempts by buyers to continue the growth trend <\/strong>makes one think about new UNI price support zones. In addition to the unstable BTC, a fly in the ointment also is the UNIBTC price chart:<\/strong><\/p>\r\n\r\n\r\n\r\n

\"UNI<\/figure>\r\n\r\n\r\n\r\n

Note that from the previous analysis, the price continues to trade within the global wedge<\/strong>. The UNIBTC historical high update through a false breakdown confirms the high concentration of sellers on historical highs. Therefore, a local price fall of at least 15-17%<\/strong> is highly likely.<\/p>\r\n\r\n\r\n\r\n

If we add to these facts another interesting situation in the BTC market – it becomes clear that a temporary correction<\/strong> in the UNI market is inevitable<\/strong>.<\/p>\r\n\r\n\r\n\r\n

BTC May Once Again Start Sucking The Life Out Of The DeFi Market<\/h2>\r\n\r\n\r\n\r\n

What is interesting about the situation in the BTC market? If you analyze the daily chart, it becomes clear that buyers have<\/strong> reached the liquidity zone – the previous historical high<\/strong>:<\/p>\r\n\r\n\r\n\r\n

\"UNI\"<\/figure>\r\n\r\n\r\n\r\n

The trading volumes show that buyers will not give up this range without a fight. Nevertheless, the reversal of the BTCUSDT price may negatively affect the UNI market this time.<\/p>\r\n

The fact is that the BTC dominance has fallen<\/strong> to the level of 2018. It was from the 40% <\/strong>indicated that the powerful BTC growth wave began. And it took away all the capital of the cryptocurrency market (including the DeFi space).<\/p>\r\n\r\n\r\n\r\n

Only between the pauses of BTC growth in 2020 did DeFi projects feel free and able to show what they are capable of.<\/p>\r\n

Therefore, any vector movement of the BTC price will negatively affect the UNI market. In this case, after breaking the range of $30-31<\/strong>, we will expect<\/strong> the next mark of $22<\/strong>. Continuation of the UNI price growth to $56<\/strong> is possible only after the price fixes above $35<\/strong>.<\/p>\r\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"

Unfortunately, the activity and aggressiveness of the UNI market price still remain only in the memory of investors. The protracted consolidation that began in February 2021 will not let go of the UNI price for new growth momentum. During the previous 3 trading weeks on the Uniswap market, the situation has not changed. Buyers’ loss of control over the mark of $35 has increased the chances of a strong correction in the UNI market. Buyers Are Not Interested In Aggressive Purchases As we can see in the daily timeframe, the main critical range of $30-31 remains relevant. However, looking at <\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":3,"featured_media":692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":""},"categories":[15],"tags":[30,29],"acf":[],"yoast_head":"\nUniswap (UNI): The Price Is On The Verge Of Collapse To $22 - Deficoins.io<\/title>\n<meta name=\"description\" content=\"However, looking at low trading volumes during local attempts by buyers to continue the growth trend makes one think about new UNI price support zones.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/deficoins.io\/news\/uniswap-uni-the-price-is-on-the-verge-of-collapse-to-22\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uniswap (UNI): The Price Is On The Verge Of Collapse To $22 - Deficoins.io\" \/>\n<meta property=\"og:description\" content=\"However, looking at low trading volumes during local attempts by buyers to continue the growth trend makes one think about new UNI price support zones.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/deficoins.io\/news\/uniswap-uni-the-price-is-on-the-verge-of-collapse-to-22\/\" \/>\n<meta property=\"og:site_name\" content=\"Deficoins.io\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-04T15:03:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-06-04T15:05:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/06\/download-3.png\" \/>\n\t<meta property=\"og:image:width\" content=\"944\" \/>\n\t<meta property=\"og:image:height\" content=\"493\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Alex Moore\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alex Moore\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/deficoins.io\/news\/uniswap-uni-the-price-is-on-the-verge-of-collapse-to-22\/\",\"url\":\"https:\/\/deficoins.io\/news\/uniswap-uni-the-price-is-on-the-verge-of-collapse-to-22\/\",\"name\":\"Uniswap (UNI): The Price Is On The Verge Of Collapse To $22 - Deficoins.io\",\"isPartOf\":{\"@id\":\"https:\/\/deficoins.io\/#website\"},\"datePublished\":\"2021-06-04T15:03:38+00:00\",\"dateModified\":\"2021-06-04T15:05:48+00:00\",\"author\":{\"@id\":\"https:\/\/deficoins.io\/#\/schema\/person\/8e4ab2dc12f61673a511dba4d8074fec\"},\"description\":\"However, looking at low trading volumes during local attempts by buyers to continue the growth trend makes one think about new UNI price support zones.\",\"breadcrumb\":{\"@id\":\"https:\/\/deficoins.io\/news\/uniswap-uni-the-price-is-on-the-verge-of-collapse-to-22\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/deficoins.io\/news\/uniswap-uni-the-price-is-on-the-verge-of-collapse-to-22\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/deficoins.io\/news\/uniswap-uni-the-price-is-on-the-verge-of-collapse-to-22\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/deficoins.io\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Uniswap (UNI): The Price Is On The Verge Of Collapse To $22\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/deficoins.io\/#website\",\"url\":\"https:\/\/deficoins.io\/\",\"name\":\"Deficoins.io\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/deficoins.io\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/deficoins.io\/#\/schema\/person\/8e4ab2dc12f61673a511dba4d8074fec\",\"name\":\"Alex Moore\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/deficoins.io\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b972f25813fd1c02d6b1edebbda70d9c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b972f25813fd1c02d6b1edebbda70d9c?s=96&d=mm&r=g\",\"caption\":\"Alex Moore\"},\"description\":\"Alex is a seasoned cryptocurrency, cybersecurity, and DeFi Journalist. He is extremely impressed by the abrupt growth of the DeFi sector and believes DeFi will transform the financial sector.\",\"url\":\"https:\/\/deficoins.io\/blog\/author\/alex\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Uniswap (UNI): The Price Is On The Verge Of Collapse To $22 - Deficoins.io","description":"However, looking at low trading volumes during local attempts by buyers to continue the growth trend makes one think about new UNI price support zones.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/deficoins.io\/news\/uniswap-uni-the-price-is-on-the-verge-of-collapse-to-22\/","og_locale":"en_US","og_type":"article","og_title":"Uniswap (UNI): The Price Is On The Verge Of Collapse To $22 - Deficoins.io","og_description":"However, looking at low trading volumes during local attempts by buyers to continue the growth trend makes one think about new UNI price support zones.","og_url":"https:\/\/deficoins.io\/news\/uniswap-uni-the-price-is-on-the-verge-of-collapse-to-22\/","og_site_name":"Deficoins.io","article_published_time":"2021-06-04T15:03:38+00:00","article_modified_time":"2021-06-04T15:05:48+00:00","og_image":[{"width":944,"height":493,"url":"https:\/\/deficoins.io\/wp-content\/uploads\/2021\/06\/download-3.png","type":"image\/png"}],"author":"Alex Moore","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Alex Moore","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/deficoins.io\/news\/uniswap-uni-the-price-is-on-the-verge-of-collapse-to-22\/","url":"https:\/\/deficoins.io\/news\/uniswap-uni-the-price-is-on-the-verge-of-collapse-to-22\/","name":"Uniswap (UNI): The Price Is On The Verge Of Collapse To $22 - Deficoins.io","isPartOf":{"@id":"https:\/\/deficoins.io\/#website"},"datePublished":"2021-06-04T15:03:38+00:00","dateModified":"2021-06-04T15:05:48+00:00","author":{"@id":"https:\/\/deficoins.io\/#\/schema\/person\/8e4ab2dc12f61673a511dba4d8074fec"},"description":"However, looking at low trading volumes during local attempts by buyers to continue the growth trend makes one think about new UNI price support zones.","breadcrumb":{"@id":"https:\/\/deficoins.io\/news\/uniswap-uni-the-price-is-on-the-verge-of-collapse-to-22\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/deficoins.io\/news\/uniswap-uni-the-price-is-on-the-verge-of-collapse-to-22\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/deficoins.io\/news\/uniswap-uni-the-price-is-on-the-verge-of-collapse-to-22\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/deficoins.io\/"},{"@type":"ListItem","position":2,"name":"Uniswap (UNI): The Price Is On The Verge Of Collapse To $22"}]},{"@type":"WebSite","@id":"https:\/\/deficoins.io\/#website","url":"https:\/\/deficoins.io\/","name":"Deficoins.io","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/deficoins.io\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/deficoins.io\/#\/schema\/person\/8e4ab2dc12f61673a511dba4d8074fec","name":"Alex Moore","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/deficoins.io\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b972f25813fd1c02d6b1edebbda70d9c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b972f25813fd1c02d6b1edebbda70d9c?s=96&d=mm&r=g","caption":"Alex Moore"},"description":"Alex is a seasoned cryptocurrency, cybersecurity, and DeFi Journalist. He is extremely impressed by the abrupt growth of the DeFi sector and believes DeFi will transform the financial sector.","url":"https:\/\/deficoins.io\/blog\/author\/alex\/"}]}},"modified_by":"Alex Moore","gt_translate_keys":[{"key":"link","format":"url"}],"_links":{"self":[{"href":"https:\/\/deficoins.io\/wp-json\/wp\/v2\/posts\/690"}],"collection":[{"href":"https:\/\/deficoins.io\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deficoins.io\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deficoins.io\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/deficoins.io\/wp-json\/wp\/v2\/comments?post=690"}],"version-history":[{"count":3,"href":"https:\/\/deficoins.io\/wp-json\/wp\/v2\/posts\/690\/revisions"}],"predecessor-version":[{"id":695,"href":"https:\/\/deficoins.io\/wp-json\/wp\/v2\/posts\/690\/revisions\/695"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/deficoins.io\/wp-json\/wp\/v2\/media\/692"}],"wp:attachment":[{"href":"https:\/\/deficoins.io\/wp-json\/wp\/v2\/media?parent=690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deficoins.io\/wp-json\/wp\/v2\/categories?post=690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deficoins.io\/wp-json\/wp\/v2\/tags?post=690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}