Despite Uniswap (UNI) exhibiting a rather muted response to Bitcoin's October gains, it has seen a significant uptick in the last few days, surging 20% and setting a new local high at $4.92.
UNI is currently fluctuating between the support level of $4.48-$4.57 and a resistance corridor of $4.78-$4.92. If this positive trend continues, echoing Bitcoin's chart movements, Uniswap's token is likely to maintain its ascent.
The next targets for buyers are the psychological level of $5 and the $5.2 mark. In case of a correction, UNI could test the support levels at $4.31 and between $4.10-$4.22 without disrupting the prevailing uptrend.
UNI is currently fluctuating between the support level of $4.48-$4.57 and a resistance corridor of $4.78-$4.92. If this positive trend continues, echoing Bitcoin's chart movements, Uniswap's token is likely to maintain its ascent.
The next targets for buyers are the psychological level of $5 and the $5.2 mark. In case of a correction, UNI could test the support levels at $4.31 and between $4.10-$4.22 without disrupting the prevailing uptrend.
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