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April 27, 2023Uniswap drops from $6.63 to $6.43, losing $0.197 (2.98%) today.
United States Crude Oil Inventories published yesterday at 14:30 UTC came out at -5 million, falling short of the -1.49 million projections and continuing its decline from the previous -4.58 million figure.
On the flip side, positive data for Uniswap released earlier when data for United States Core Durable Goods Orders published yesterday at 12:30 UTC came out at 0.3%, beating projections of -0.2% and showing improvement over the preceding figure of -0.3%.
Amid the market gloom, United States 5-Year Note Auction released yesterday at 17:00 UTC with a figure of 3.5, while the previous figure was 3.665.
As the trading day commences, technical analysis suggests the resistance level is at $7, followed by $7.19.
Other assets are showing positive performances as FTX Token soars 9.54% to trade around $1.36. Bitcoin goes up 1.73% to trade around $28,917. Ethereum rises 1.88% to trade around $1,900.
Looking ahead, ongoing depreciation may be prolonged as United States Pending Home Sales projected to come out at 0.5% — worse than previous data of 0.8%; data will be released today at 14:00 UTC. Today at 12:30 UTC data for United States GDP will be released, with an expected decline to two from the preceding figure of 2.6. Today at 12:30 UTC data for United States Initial Jobless Claims will be released, with an expected decline to 248,000 from the preceding figure of 245,000.
Registering some good gains for about 2 months now. Uniswap is up 2,761,848% from the significant low of $0 it hit 2 months ago.
