Uniswap goes up to $6.47 after a 3 day downtrend

While Uniswap in the midst of a 3 day downtrend, Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. Uniswap posts light gains on a low-volatility day, ranging between $6.29 – $6.47 and is now at $6.47.

Support/Resistance levels obtained from chart analysis indicate that UNICORN Token USD is 52 cents away from testing key resistance at $7. Peaking above this level could inspire market bulls and open the path to further gains.

Uniswap shows positive signs, other assets are also on par: FTX Token soars 9.54% to trade around $1.36.

At the same time, Litecoin is down to $87.6, losing $2.32, after closing at $89.92 in the preceding trading session.

Elsewhere, United States Fed Chair Powell testimony set for tomorrow at 15:00 UTC. United States EIA Short-Term Energy Outlook is scheduled for tomorrow at 17:00 UTC.

Uniswap hit a significant low of $0 around 24 days ago, but has since recovered 2,654,432%.