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Uniswap is breaking multi-month price levels amid ongoing bullish rally.

The crypto markets are painted in green as the market participants turn bullish after Donald Trump sweeps the polls, becoming the new President of the United States. With this, the token with fewer expectations of a breakout attracts massive volume and breaks out of range.

Uniswap price has seen an impressive uptick, ending a months-long lack of momentum that persisted since early July. Over the past 24 hours, UNI recorded a strong 35% rally, bringing renewed optimism for the altcoin.

Uniswap was trading below the 50 and 200 EMA, indicating a potential long-term bearish trend.

Uniswap price remained under pressure on Monday, November 4, falling for five consecutive days as whales continued dumping the token. UNI token retreated to $6.9, its lowest level since October 4, and down by 60% from its highest level this year.

Aptos also joined Uniswap as an underperformer, declining 7.6% from Friday.

Despite Uniswap's $2 trillion milestone, UNI's recovery remains uncertain amid persistent downtrend pressures.

Uniswap (UNI) is currently trading just below $8, following a recent rejection at a significant resistance level earlier this week. As this decentralized exchange navigates this pivotal point, technical indicators suggest a potential bullish breakout, making this an exciting time for traders and investors alike.

Render joined Uniswap as a top performer, gaining 2.6%.

Uniswap (UNI) has partnered with MoonPay to enable users to buy cryptocurrency using Venmo, offering a seamless and direct way to access DeFi.

Bitcoin raised Uptober hopes as it approached the $73,949 ATH on 29 October, trading above $73,600 on leading exchanges. Despite being less than $300 away from its all-time highs, Bitcoin experiences reduced investor interest, signaling a potential crash in the near term. Bitcoin trades at $70,568 after dropping from its 24-hour high of $72,902.

Uniswap integrates Venmo via MoonPay, allowing users to easily buy crypto with Venmo balances and streamline DeFi access. The post Uniswap users can now buy crypto using Venmo via MoonPay appeared first on Crypto Briefing.

Uniswap Protocol saw its monthly L2 volume soaring to $18.23 billion this month, eclipsing the $7.34 billion recorded in 2023. The staggering surge indicates massive activity and robust growth in the UNI ecosystem. Such an environment supports impressive price actions for UNI in the upcoming sessions, with bulls targeting extending rallies to $12.01.

Uniswap (UNI) price has recently gained momentum, experiencing a significant price surge that signals a bullish trend in the market. Trading above a vital support level, UNI shows signs of strengthened momentum, reflecting an upward shift in investor sentiment.

The dramatic increase in trading volume indicates potential for sustained price growth and investor engagement.

Raydium continues to draw attention as the most active DEX on Solana. RAY tokens trade near their one-year high, with rising open interest in the past weeks.

Bitcoin (BTC) faced a considerable slump on Friday, and registered a low of $65,700 on Saturday as escalating tensions in the Middle East spooked markets. However, it found support at this level and recovered to push back above $67,000.

Uniswap announced in-app bridging capabilities this week, which traders and investors are clearly cheering.

Uniswap takes a step to revolutionize cross-chain trading for users.

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Uniswap's technical and on-chain signals indicate a potential bullish breakout as momentum builds.

Bitcoin Cash was also among the top performers, gaining 2.9% since Wednesday.

The bridging function of Uniswap makes cross-chain transactions faster and more secure.

According to Uniswap, the decentralized crypto exchange has rolled out the long-awaited permissionless cross-chain bridging. The feature will launch across nine networks, which will be able to interact directly through the Uniswap Wallet and the Uniswap Interface.