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May 05, 2023Uniswap weakened earlier in the day, before moving away from its $6.29 low and recovering back to $6.43.
- New United States Average Hourly Earnings improved upon the previous 0.3% figure while also exceeding analyst expectations with a reading of 0.5%.
- Today's losses are adding to a 3 day bearish run, during which Uniswap lost $0.408 of its value.
United States Average Hourly Earnings came out at 0.5%, better than analyst estimates of 0.3% and improving upon the previous reading of 0.3%. United States Non Farm Payrolls beat analyst expectations of 180,000 and the previous reading of 165,000 with new data of 253,000.
Uniswap chart analysis: the resistance level is at $7, followed by $7.19.
FTX Token soars 9.54% to trade around $1.36. TRON is up 0.74%. Ethereum moves up 1.35% to trade around $1,903.
Trending positively for about 2 months. 2 months ago, Uniswap fell to a low of $0 but has since recovered 2,761,848%.
