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Crypto

Uniswap (UNI) Price Breaks Key Trendline Resistance; Is a Rally to $7 Next?

· Coinpedia

Uniswap (UNI) Price Breaks Key Trendline Resistance; Is a Rally to $7 Next?

The post Uniswap (UNI) Price Breaks Key Trendline Resistance; Is a Rally to $7 Next? appeared first on Coinpedia Fintech News

The Uniswap (UNI) price climbed nearly 13% over the past week, breaking above a multi-month descending trendline as improving fundamentals and renewed whale accumulation fueled bullish sentiment. The rally comes after Uniswap introduced Permissioned Pools on its v4 protocol to support compliant trading of tokenized assets. At the same time, crypto market maker Cumberland accumulated …