Uniswap weakened earlier in the day, before moving away from its $6.29 low and recovering back to $6.43.
- Uniswap is currently trading at $6.43 following the release of Services PMI data from the United States.
- Today's losses are adding to a 3 day bearish run, during which Uniswap lost $0.408 of its value.
United States Services PMI released today at 13:45 UTC with a figure of 53.7, while the previous figure was 52.6. United States Existing Home Sales (Mar) came out at 4.44 million, while a consensus of analysts was expecting 4.5 million.
Analysis of Uniswap's recent price action suggests the resistance level is at $7, followed by $7.19.
FTX Token jumps 9.54% to trade around $1.36. Binance Coin is up 2.81%. Ripple stumbles 1.81% to trade around $0.468.
Trending positively for about 2 months. Having set a significant low of $0 2 months ago, Uniswap is trading 2,761,848% higher.