FX.co ★ Technical Analysis of Intraday Price Movement of Uniswap Cryptocurrency, Friday August 23, 2024.

If we look at the 4-hour chart of the Uniswap cryptocurrency, it can be seen that its price movement has successfully broken above the MA 20 and MA 200 and even broken its Bullish channel, especially with the confirmation of the appearance of hidden deviations between its price movement and the RSI indicator (5), then it is confirmed that in the near future Uniswap will test the level of 7,215 if this level is successfully broken upwards then 7,736 will be the next target to be targeted, even if the momentum and volatility support it, it is not impossible that the level of 8,117 will be the next target to be targeted, but please also note that with the appearance of the Fractal Bar, there is the potential for a weakening correction in the near future, but as long as the weakening correction does not break below 6,224, Uniswap will continue to strengthen.

(Disclaimer)