Crypto
Uniswap Price Surges 10%, Bulls Maintain Control Amid Overbought Territory
Uniswap's price has surged by 10% in recent days, reaching $6.31 as of now, according to CoinGecko.
The broader crypto market is relatively stagnant, but Uniswap's indicators show a healthy uptrend.
The bulls have maintained control over the asset's trajectory, pushing its price up 47% over the past week and extending its monthly gains to 54%
Despite the overbought territory of 74.86 on the daily Relative Strength Index (RSI), buyers continue to dominate the market trend.
The key price levels to watch are $6.39, $6.50, and a sturdy upper zone between $6.57-$6.79 that will decide whether Uniswap stabilizes or continues to climb.