Uniswap is riding an impressive wave of market optimism, fueled by strong price action and increased trading activity.
is riding an impressive wave of market optimism, fueled by strong price action and increased trading activity. At press time, the token was trading at $7.62, with a 6.52% rise.
The technical indicators add further weight to the bullish case. The Relative Strength Index currently sits at 68.67, signaling that UNI is approaching overbought territory, though it hasn’t hit the critical 70 level yet. This uptick suggests more participants are engaging with the Uniswap protocol, a key indicator of network health.
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