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June 03, 2023
After dipping down to $6.29, Uniswap regains earlier losses and reaches $6.47.
Uniswap upside coincides with further encouraging market factors as United States Non Farm Payrolls beat analyst expectations of 180,000 and the previous reading of 294,000 with new data of 339,000.
Nevertheless, highly important Average Hourly Earnings data from United States beat analyst expectations of 0.4% with a reading of 0.3%. Following a previous reading of 3.4, Unemployment Rate in United States released yesterday at 12:30 UTC fell short of the 3.5 figure expected by analysts with an actual reading of 3.7.
As the day gets underway, chart analysis suggests UNICORN Token USD could be slowing down soon as it approaches resistance at $5.13. Of course, crossing it might suggest further gains are ahead.
Uniswap shows positive signs, other assets are also on par: having closed the previous session at $1.24, FTX Token is up 9.54% today to currently trade at around $1.36.
At the same time, Ripple decreases 0.55% to trade around $0.522.
On an upward trend for about 3 months now. Uniswap hit a significant low of $0 around 3 months ago, but has since recovered 2,654,432%.
