30.08.202407:53 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Uniswap Cryptocurrency, Friday August 30, 2024.

Relevance up to 01:00 2024-08-31 UTC--4

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Although the Seller who dominates the Uniswap Cryptocurrency on its 4-hour chart is still dominant, which is confirmed by its price movement which is moving below EMA 21 & EMA 34, the appearance of deviations between the Uniswap price movement and the Stochastic Oscillator indicator provides an indication that in the near future this Cryptocurrency has the potential to appreciate and strengthen up to the level of 6,001 as long as there is no weakening that breaks below the level of 5,473, then Uniswap has the potential to strengthen, especially if the level of 6,001 is successfully exceeded, where the next level to be targeted is 6,416 as its main target and if the momentum and volatility support it, the level of 6,797 will be the next target.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2024

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