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Home»Latest News»UNI Price Tests Lower Bollinger Band Amid Broad DeFi Selling Pressure
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Latest News

UNI Price Tests Lower Bollinger Band Amid Broad DeFi Selling Pressure

Bpay NewsBy Bpay News4 months ago1 Min Read
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UNI Price

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Uniswap’s price is currently at $6.28, experiencing a 2.5% decline over the past 24 hours as it nears crucial technical support levels. This movement comes amid a backdrop of low trading volume and overall weakness in the cryptocurrency market. The testing of the lower Bollinger Band indicates potential volatility for UNI as it confronts these support levels. The broader DeFi sector is also under pressure, with many tokens experiencing similar declines. Investors are closely monitoring market trends, as the subdued trading environment could impact future price movements.

Bollinger Band DeFi selling pressure UNI Price Uniswap
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