Uniswap Price Loses Momentum, Are The Bears Back?

UniSwap tried to move in a different than the broader market the bulls gave up Bitcoin also lost the price mark and is closing on its support level. 

Uniswap Price Loses Momentum, Are The Bears Back?

The Uniswap price had fallen to almost $6 on its graph. but the bulls were unable to maintain that level over the last 24 hours, the coin again lost on its graph.

Last day UNI registered a 0.9% increase in its price. the coin negated most of its gain and lost 1.2% of its market value. 

The UniSwap price indicates bearish momentum and the selling strength was higher causing the price to drop further on a graph.

Om just 2 days ago the UNI coin displayed a bullish stance an increase in the number of the seller has invalidated the chance of a bullish revival. 

The live Uniswap price today is USD 5.96 with a 24-hour trading volume of $108,796,360. Uniswap is up 0.01% in the last 24 hours. The current CoinMarketCap ranking is #18, with a live market cap of $4,543,609,393 USD. It has a circulating supply of 762,209,327 UNI coins and a max. supply of 1,000,000,000 UNI coins.

Current UNI price statistics price change 24h is $$0.01063 of 0.17% and 24h low is $5.73 and 24h High is $5.98. with 0.48% Market Dominance. 

The altcoin technical indicators note the bear taking over as buying strength dipped on the one-day chart for most of September. 

UniSwap price was below the 20-SMA line the technical graph of UNI was also mixed as the indicators also picked up on the buy signal for the coin. 

Related: Ripple Gains While Bitcoin Remains Below $20,000