While on a 3 day slump, falling a total of 8.6%, Similar trend today: struggling to find upward momentum, Uniswap has shed $0.197 to currently trade at $6.43 as it ranges between $6.29 and $6.7 so far today.
While price action maintains a negative bias, United States ISM Non-Manufacturing PMI (Feb) released yesterday at 15:00 UTC with a figure of 55.1, while the previous figure was 55.2. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 224,200, while the previous figure was 243,800. United States CFTC Gold speculative net positions released yesterday at 20:30 UTC with a figure of 128,800, while the previous figure was 160,300.
As the day gets underway, chart analysis suggests UNICORN Token USD could begin to recover as it approaches significant support, now 26 cents away from $6.17. Dipping below could be an indication that further losses are ahead.
Positive performances can be seen by looking at other markets as FTX Token gained 9.54% and is now trading at $1.36.
Uniswap hit a significant low of $0 around 22 days ago, but has since recovered 2,761,848%.