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31.01.202506:53 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Uniswap Cryptocurrency, Friday January 31, 2025.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 31.01.2025 analysis

With the appearance of divergence between the price movement of the Uniswap cryptocurrency and the Momentum indicator (10), it has confirmed that in the near future there will be a weakening correction on Uniswap where the Bullish Orderblock level of 11,314 will be the target that it will aim for, even so as long as this weakening does not broken and close below the level of 10,608, then this weakening is only a correction that will make Uniswap further appreciate to the level of 12,137, even if this level is successfully broken and closed above it by Uniswap, its strengthening will continue to the level of 13,339 and 14,082 if the strengthening momentum and volatility support it.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.02% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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