empty
06.12.2024 08:16 AM
Technical Analysis of Intraday Price Movement of Uniswap Cryptocurrency, Friday December 06, 2024.

This image is no longer relevant

From what is seen on the 4-hour chart of the Uniswap cryptocurrency, there is a Golden Cross from the EMA 50 which is above the EMA 200 which indicates a Bullish condition in this cryptocurrency coupled with confirmation from the appearance of hidden deviations between the price movement of the Uniswap cryptocurrency and the Stochastic Oscillator indicator confirming that in the near future Uniswap has the potential to test the level of 16,507 if this level is successfully broken upwards then 18.226 will be the next target even if the momentum and volatility support then 19.288 will be Uniswap's next goal but all these strengthening scenarios will be invalid and canceled if on the way to strengthening Uniswap suddenly experiences a significant weakening correction especially if it breaks through and closes below the level of 14.320.

(Disclaimer)

Summary
Urgency
Analytic
Arief Makmur
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Federal Reserve's meeting today may boost crypto market

The Federal Reserve's policy meeting today could provide a boost to the cryptocurrency market. Even the slightest hint from the committee about a potential interest rate cut in September would

Jakub Novak 13:19 2025-07-30 UTC+2

Trading tips for crypto market on July 30 (North American session)

Bitcoin remains firmly above $118,000, clearly targeting a potential breakout above $120,000. Ethereum has seen a slight correction but continues to trade within a channel, signaling further upside potential. Today's

Miroslaw Bawulski 13:12 2025-07-30 UTC+2

Time to consider buying XRP?

Bitcoin and Ethereum continue to trade around the same levels, with no significant shifts in market dynamics. If current prices make these assets seem too expensive, perhaps it is worth

Jakub Novak 11:18 2025-07-30 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 30

Bitcoin continues to trade within a narrow sideways channel, and a breakout will determine its next direction. Ethereum is showing the same pattern. Meanwhile, while you're considering whether it's worth

Miroslaw Bawulski 09:05 2025-07-30 UTC+2

Crypto market: buyers setting tone amid trade deals in anticipation of Fed's status quo

The crypto market's Fear & Greed index currently stands at 73 out of 100, indicating a Greed zone and strong buying interest from market participants. Meanwhile, Ethereum (ETH)

Jurij Tolin 14:58 2025-07-29 UTC+2

Demand for Bitcoin and Ethereum remains strong

As we observe corrections in the cryptocurrency market, there are always those who take advantage of the moment and actively buy up discounted assets. According to analytical think tanks, many

Jakub Novak 09:28 2025-07-29 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 29

Bitcoin corrected by the end of yesterday, testing the $117,500 level, but is already trading above $119,000 today, indicating sustained high demand even during minor pullbacks. Ethereum has also recovered

Miroslaw Bawulski 08:42 2025-07-29 UTC+2

Trading tips for crypto market on July 28 (North American session)

Bitcoin has once again failed in its attempt to test and consolidate above the $120,000 mark, currently dipping back below $119,000. Ethereum has also slightly retreated after attempting to break

Miroslaw Bawulski 14:04 2025-07-28 UTC+2

Bitcoin quickly regained ground

Last Friday, I noted that Bitcoin had touched the $115,000 level, and during today's Asian trading session, we already saw a test of the resistance near $119,800. This highlights

Jakub Novak 09:58 2025-07-28 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 28

Bitcoin has recovered all of last week's losses and is now just one step away from the $120,000 mark. Ethereum has also seen significant growth, surpassing the $3,900 mark. There

Miroslaw Bawulski 08:29 2025-07-28 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.