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Annual Forecast for Uniswap (2022) UNI/USD

January 13, 2022

#Technical Analysis#UNI#UNI/BTC#UNI/USD#Uniswap

Uniswap Annual Price Forecast
The UNI/USD market activities have been under variant selling pressures since last year’s May trading sessions when the crypto0economic price briefly hit past an all-time higher trading value line at $45.Between August and early trading sessions of November, price encountered a series of rejections around $30. As of writing, the UNI/USD market annual forecast has only witnessed a higher value of about $17 and the lower point of about $14, keeping a percentage rate of about 2.68 positives.

UNI/USD Market
Key Levels:
Resistance levels: $20, $25, $30
Support levels: $12, $8,$4

UNI/USD – Long-term Chart
The UNI/USD long-term annual forecast chart showcases that the crypto-economic valuation against the US Dollar has been under declining forces. Price trades around $15, with a signal the market is attempting to push lower past the value line. The 14-day SMA indicator is above the 50-day SMA indicator. The Stochastic Oscillators have closed their lines to slightly pointing southbound close beneath the range of 40. That portends that the crypto economy may witness some more falling forces in the subsequent trading months.

What could be the subsequent trading cycle for the year 2022 UNI/USD market annual forecast?
It appears that there will be to derive from falling forces after price might have made some upswings to get resisted at a higher trading level of this year’s 2022 UNI/USD market annual forecast. Precisely, the levels between $15 and $10 are most likely going to be the zones that price tends to be rebuilding their stances to get decent up-swinging efforts even when other crypto economies tend to experience sharper falls afterward. The market may, unable to push sustainably past $25 point in this year’s sessions.

On the downside of the technical analysis in the long-term run, the UNI/USD market short-position takers have to keep their positions firm at around $20. A sudden breakout of that value-line has to turn out fake afterward. In other words, some falling forces have to prevail, pushing downward back to the lower trading support zones. In the process of trying to heighten falling, $5 may reach before the end of this year. But, investors should be wary of panic sell-offs.

UNI/BTC Long-term Price Analysis
In comparison, on the UNI/BTC long-term annual forecast price analysis chart, the base crypto appears to have been under a series of depressions over a couple of months back. The 14-day SMA trading indicator has slightly crossed the 50-day SMA trading indicator to the downside. The bearish channels trend lines drew across the SMAs to indicate the path that the crypto-currency pair price keeps. The Stochastic Oscillators are struggling to move northbound to touch the range of 80. And, a bearish candlestick is in the making to signify the base crypto-economy tends to get a re-set of succumbing to another round of falling forces as paired with the counter flagship crypto in the subsequent weeks running into months.

Note: is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

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