Bearish Uniswap currently $0.197 lower after trading as low as $6.29

Slightly weaker but mostly flat: Uniswap is currently trading at $6.43 as it maintains an active range between $6.29 and $6.7.

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.

Other assets are showing positive performances as FTX Token rallies 9.54% to trade around $1.36. TRON is up 1.51%. MaticNetwork USD increases 2.18% to trade around $1.27.

Looking ahead, ongoing depreciation may be prolonged as tomorrow at 15:00 UTC data for United States Pending Home Sales will be released, with an expected decline to 1% from the preceding figure of 2.5%.

Some optimism can drawn from the fact that United States Core Durable Goods Orders is projected to outperform its last figure with 0.1%. It previously stood at -0.2%; data will be released tomorrow at 13:30 UTC.

Uniswap is now trading 2,761,848% above the significant low ($0) it slumped to 16 days ago.