Uniswap cryptocurrency trades up $0.168, approximately 3.02% higher this morning

Tentatively higher from an earlier low of $5.55, Uniswap is up to $5.73 today, adding $0.168, or 3.02%, to today's closing price of $5.57.

Trend and momentum analysis indicates that investors are seeking long positions as UNICORN Token USD price action surged above +100 — a key CCI threshold indicating an imminent bullish trend. Asset volatility analysis shows that Bollinger Band® analysis indicates that current price action is approaching the upper band at $5.84, thereby suggesting that Uniswap is becoming overvalued. As the day gets underway, chart analysis suggests Uniswap broke through the $5.66 resistance and climbed 7 cents above it.

Notwithstanding Uniswap's appreciation in recent days, the technical outlook suggests its bullish run is now fading.

Uniswap shows positive signs, other assets are also on par: having closed the previous session at $1.24, FTX Token is up 9.54% today to currently trade at around $1.36. Polkadot gained 1.62% and is now trading at $5.58. Having closed the previous session at $0.076, TRON is up 0.7% today to currently trade at around $0.077.

The market is looking forward to the release of new data: United States ISM Manufacturing PMI (Jun) is expected today at 14:00 UTC.

On an upward trend for about 4 months now. 4 months ago, Uniswap fell to a low of $0 but has since recovered 2,319,174%.