In this bull run, the majority of top cryptocurrencies have already experienced notable upside momentum. Amid this, Uniswap (UNI) stands out as one of the top cryptocurrencies that recently broke out of a bullish price action pattern, with much room to soar significantly in the coming days.
Should you diversify into MKR now that MakerDAO is demonstrating healthy activity and growth? Here's what our findings reveal.
Uniswap's bullish momentum builds with soaring network participation levels.
The Maker (MKR) token has seen a notable surge in whale activity, with large transactions jumping by a staggering 1,400%. Despite this increase in large-scale transactions, technical indicators and on-chain metrics are sending mixed signals about the future direction of MKR's price.
For Maker to confirm a bullish breakout, it needs to flip the resistance at $1,550.
As crypto grows, so does the list of complex terms to understand — like utility tokens.
Sky co-founder Rune Christensen told Decrypt that Solana support "marks the beginning of a new multi-chain era for USDS."
Uniswap price has moved into a local bear market, falling by over 23% from its highest point this week as cryptocurrencies lose momentum. The UNI token was trading at $8.27 on Friday, November 15 as some crypto analysts remain optimistic that it will bounce back.
Uniswap (UNI) price has struggled recently, dropping almost 5% in the last 24 hours and down 5.24% over the past week, despite Bitcoin's recent surge. The recent decline highlights the weakness in UNI's momentum, with technical indicators suggesting a cautious outlook.
Bitcoin (BTC) soared past $90,000, setting a new all-time high as the crypto market resumed its rally, with major cryptocurrencies surging. BTC surged to a new all-time high of $93,409 late on Wednesday, and the Bitcoin Dominance Index, which measures its share of the crypto market, reached 61%, a level not seen since 2021
Uniswap (UNI) has experienced a dramatic surge in price over the past week, climbing by a robust 38%, reaching highs not seen in nearly five months. On November 12, 2024, the token saw a swift 17.46% rally within just one hour, pushing its price from $9.16 to $10.76.
Turning a small amount into a fortune might seem like a dream, but some alternative cryptocurrencies could make it possible. With signs of major growth in the crypto world next year, certain lesser-known coins may soar.
Maker's exchange reserve and exchange supply ratio hits a yearly high signaling potential correction.
The Uniswap daily price action chart hinted that the breakout past the 78.6% level at $8 was a sign of bullish conviction.
UNI rallies as trading volume surges, with bullish signals pointing toward a $17 target.
The divergence in performance of DEX tokens suggests that while decentralized exchanges are a foundational component of DeFi, they face adoption challenges.
Bitcoin (BTC) rocketed past $80,000 as crypto market sentiment reached a seven-month high. In an incredible display of bullishness, BTC has surged to a new all-time high of $81,260, with market indicators signaling extraordinary optimism.
Uniswap (UNI) invites the crypto community to participate in the v4 Address Mining Challenge, offering a unique opportunity to influence the deployment address before the official launch.
Uniswap (UNI) made headlines in the cryptocurrency market as it reached a 4-month high, only to face a significant pullback due to increased selling pressure and profit-taking. Despite impressive whale activity and a strong bullish push, the rally has slowed down as more UNI tokens are deposited to exchanges, signaling that large traders may be preparing to sell.
Maker (MKR), the governance token of the MakerDAO ecosystem, has been showing impressive upward momentum, recently breaking out of a long-standing bearish pattern. Despite its 11.20% surge in the past 24 hours, reaching $1,416.32, the cryptocurrency faces some resistance and market dynamics that could limit its progress in the short term.
The DeFi project Sky has retained its new brand identity rather than revert to MakerDAO following a community vote. Polling data revealed that 79.3% of votes supported maintaining the Sky brand as the core protocol name.
Trader bids are fueling the uptrend, with a 13.67% rise in Open Interest to $120.30 million.
If there is no fresh uptick in buying activity, Uniswap's uptrend could weaken.
Sky's USDS is now the third-largest stablecoin, replacing the original DAI which held that position for years on the charts.
The victory of “crypto president” Donald Trump continues to reverberate through the market, with Uniswap's native $UNI token rallying to hit a four-month high of $9.34 in the early hours UTC. However, Uniswap is now trading five cents below $9.
The Maker price has jumped ~10% over the past day, resulting in this altcoin successfully recording a bullish reversal. Moreover, with the technical sentiments and on-chain data favoring the project, the MKR coin hints at a promising bullish month.
While Bitcoin (BTC) bulls are eyeing a new all-time high, Ethereum (ETH) is poised near $2,800 and Solana (SOL) is above $188. There is also notable attention on top DeFi tokens – including Uniswap (UNI), Aave (AAVE) and Ethena (ENA). Here's a wrap for the crypto market during the Asian hours on Nov.
Uniswap (UNI) has experienced a significant rebound, posting an impressive 35% rally over the last 24 hours. This sharp uptick has revived investor optimism after months of stagnant price movement, suggesting that the altcoin may be on the verge of a new uptrend.
The Open Interest (OI) also increased by 20%, involving over 18 million tokens.
These exchange-related tokens are seeing incredible investor interest today, but can it continue?
Bitcoin hit a new all-time high as U.S. election results send altcoins rallying.
Uniswap price is on the cusp of soaring by another 32% after flipping an important resistance level and escaping its six-month correction. UNI token rose to $9.45 on November 6, its highest level since June 27.
Uniswap (UNI) is riding a wave of renewed bullish momentum, with its price inching closer to the critical $8.74 resistance level. This surge has captured the attention of investors eager to see if UNI can overcome this hurdle and unlock fresh upside potential.
The broad market gauge CoinDesk 20 Index was higher by 8.2% versus bitcoin's 6% advance following Donald Trump's victory.
After Donald Trump's U.S. election win, DeFi tokens like Aave and Uniswap experienced strong gains.
Solana joins Uniswap as a top performer, gaining 12.7% as U.S. Presidential election results come in.
Aave, Uniswap and other decentralized finance tokens saw substantial gains following Donald Trump's victory in the U.S. election.
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.
Early polling indicates MKR holders want to keep the SKY brand, though participation in the poll is still low.
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.
Bitcoin's rally slows down near the weekend, top altcoins record double digit gains.
Historically, the fourth quarter often brings notable gains for cryptocurrencies, and with November underway, crypto whales are strategically positioning themselves for potential profits.