Hello, welcome to this UNI/USDT 1DAY chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-Uniswap (UNI) was another notable gainer on Friday, as prices rose for a fourth straight day.
UNI/USD raced to a peak of $6.02 earlier in the day, which comes less than 24 hours after falling to a bottom of $5.73.
This move sees the uni swap edge closer to a recent high of $6.40, which was last hit on Nov. 16.
As a result of these recent gains, UNI is now almost 11% higher in the last seven days, with the RSI tracking near a one-month peak.
The index is currently at 53.25, which is its strongest point since Nov. 6, and this comes as the moving averages of 10-days (red) and 25-days (blue) look set for an upwards crossover.
Should this occur, we will likely see UNI bulls target a resistance level of $6.50.
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