Uniswap set for weak finish today; down 2.98% to $6.43 with 2 hours before close

Uniswap weakened earlier in the day, before moving away from its $6.29 low and recovering back to $6.43.

While price action maintains a negative bias, United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 216,600, while the previous figure was 214,800. Fresh CFTC Gold speculative net positions data from United States came out at 195,800. United States CFTC Nasdaq 100 speculative net positions came out at 21,400.

Following today's trading session, chart analysis suggests the resistance level is at $7, followed by $7.19.

In the meantime, negative performances are also seen in other markets, Bitcoin Cash closed at $113.41 (down 1.36%). Ripple is trading around $0.426 (down $0.005).

Positive performances can be seen by looking at other markets as having closed the previous session at $1.24, FTX Token is up 9.54% today to currently trade at around $1.36.

Trending positively for about 2 months. The past 3 months have been positive for Uniswap as it added 3,986.51% compared to its 3-month low of $0.