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June 17, 2023Stable at $4.54 and still trending upwards, Today's session might suggest a slow down — a mostly flat day so far for Uniswap, ranging between $4.52 and $4.54; currently at $4.54.
This uncertain state for Uniswap is reflected by published market data as United States CFTC Nasdaq 100 speculative net positions released yesterday at 20:30 UTC with a figure of 15,700, while the previous figure was 8,800. United States CFTC S&P 500 speculative net positions released yesterday at 20:30 UTC with a figure of -331,400, while the previous figure was -344,500. United States CFTC Crude Oil speculative net positions came out at 155,100.
As the trading day commences, technical analysis suggests UNICORN Token USD is approaching key support, around 12 cents away from $4.42. Dipping below could indicate further losses are ahead while a failure to break below this level is likely to be seen positively by market bulls.
While Uniswap is pretty flat so far today, mixed performances are seen elsewhere as FTX Token jumps 9.54% to trade around $1.36. Bitcoin Cash is down $0.912 from the beginning of the session and now trades around $107.04.
On an upward trend for about 3 months now. After hitting an important low of $0 approximately 4 months ago, Uniswap has bounced back 1,892,530% since.
