Uniswap Price Analysis: UNI/USD preparing for consolidation against the $30 target

TL;DR Breakdown Today’s Uniswap price analysis suggests a bullish trend lineThe MACD histogram lies within the red zone, an indication of increasing bearish momentumUniswap RSI on the 4-hour chart is pointing towards neutrality Today’s Uniswap price analysis suggests a bullish trend line on the 24-hour chart after undergoing a 6.54 percent upswing. The UNI/USD pair has already recovered losses incurred on Thursday, and the majority of the major technical indicators show that the coin will trend upwards in the next 24-hours.  Most of the digital assets market is trading within mixed signals, with market leaders BTC and ETH gaining at least 4 percent on the daily chart. While BNB, ADA, and XRP are losing part of their value on the 24-hour chart. The best performer is Solana which saw a 20 percent bullish movement to the $80 mark.  Uniswap price movement in the last 24 hours: Uniswap bears almost break below $25 Our 24-hour Uniswap price analysis chart shows a daily range of $25.20 – $27.30. This is a tight range showing the drop in volatility over the last 24 hours. The trading volume for Uniswap surged by 13 percent to $396 million in the last 24 hours. Uniswap total market capitalization stands at $16.8 billion after a 6 percent daily positive change. According to Coin Market Cap, Uniswap ranks at number #11 among the top ten cryptos by market cap.  UNI/USD 4-hour chart: UNI starts to rally Source: Tradingview...