Uniswap rises to $6.47 after a 3 day downtrend

Uniswap has been losing ground for 3 days 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.

As the trading day comes to an end, chart analysis indicates UNICORN Token USD could be slowing down soon as it approaches resistance at $7. Of course, crossing it might suggest further gains are ahead.

Other markets are also showing gains as FTX Token is up 9.54%. Binance Coin rises 4.81% to trade around $349.21.

Trending positively for about a month. Uniswap hit a significant low of $0 around 2 months ago, but has since recovered 2,654,432%.