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Cryptocurrency News Articles
Uniswap: Steady Performer or Wild Ride? Moderate Volatility, Low Risk Offer a Haven
Mar 27, 2024 at 07:20 am
Is Uniswap a Wild Ride or a Safe Haven?
Uniswap (UNI) has been a steady Eddie in the crypto world, with less volatility than many of its peers. As of Wednesday, DeFi's darling has dipped 1.67% to $12.58.
Moderate Moves
InvestorsObserver rates Uniswap's volatility as a lukewarm 37, putting it in the bottom 37% of cryptos. Don't expect any wild swings, as the Volatility Gauge shows that a single day's performance isn't likely to shake things up.
Low Risk, Moderate Reward
Uniswap's moderate volatility pairs nicely with its low Risk/Reward Gauge reading. In other words, it offers both moderate price fluctuations and protection from market manipulators.
Room to Run
The future looks bright for Uniswap. Support sits at $12.22, while resistance lurks around $12.70. This gives UNI some wiggle room before it hits any selling pressure.
What's a Token, Anyway?
Tokens are digital assets that live on another cryptocurrency's blockchain. Think of them as the cousins to popular coins like Bitcoin and Ethereum.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Nasdaq ISE Proposes Increasing Position and Exercise Limits for iShares Bitcoin Trust ETF (IBIT) Options
- Jan 09, 2025 at 05:25 pm
- The Nasdaq ISE is an options exchange owned by Nasdaq. This has filed a proposed rule change with the U.S. The Securities and Exchange Commission increased the position and exercise limits for options of the iShares Bitcoin Trust ETF (IBIT) from 25,000 contracts to 250,000.
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- Forget Bitcoin (BTC) and Ethereum (ETH) – Lightchain AI Could Skyrocket Your Crypto Portfolio!
- Jan 09, 2025 at 05:25 pm
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- Jan 09, 2025 at 05:25 pm
- Bitcoin is holding just below $97,000, while Ethereum has dipped back under $3,400. Despite these minor pullbacks, the first week of January has been largely bullish for the cryptocurrency market, recovering from the fade seen at the end of 2024.
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- XRP Poised to Surge 40% as Shifting Regulatory Tides in the U.S. and Favorable Price Action Set the Stage
- Jan 09, 2025 at 05:25 pm
- Since hitting highs near $2.9 in early December, payments-focused cryptocurrency XRP has lost steam to carve out what is known as a "descending triangle" pattern in technical analysis.