Uniswap price Analysis: Downward pressure persists, targets $13

The Uniswap price is rolling over on Tuesday and may soon breach Friday’s low, setting up a return to the July trough. Uniswap (UNI) is trading at $19.80 (-2.20%), down over 20% in November and almost 60% below the all-time high. The decentralized exchange’s (DEX) market cap has slumped to $12.5 billion, ranking it the 18th most-valuable cryptocurrency ahead of Polygon. Unlike many cryptos that made new highs recently, Uniswap has been languishing in a broad sideways channel since the […]
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