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

Uniswap recovering almost all the way back to $6.63 today, after dipping down to $6.29.

Technical chart analysis shows the resistance level is at $7, followed by $7.19.

Positive performances can be seen by looking at other markets as having closed the previous session at $1.24, FTX Token is up 9.54% today to currently trade at around $1.36. TRON moves up 4.13% to trade around $0.078. Having closed the previous session at $0.361, Cardano is up 2.1% today to currently trade at around $0.368.

Furthermore, United States New Home Sales (Apr) is expected tomorrow at 14:00 UTC. United States Services PMI figure is projected at 52.6. It previously stood at 53.6; data will be released tomorrow at 13:45 UTC. United States Building Permits will be released tomorrow at 12:00 UTC.

Trending positively for about 2 months. After hitting an important low of $0 approximately 3 months ago, Uniswap has bounced back 2,761,848% since.