The distinctive symbol climbs over $ 6.78, as the whale activity indicates more of the upward trend

The UISWAP code in UNI continues to show the bullish momentum, its gathering extends after the outbreak of $ 6.45 and is now trading just less than $ 6.80.

The price procedure is supported by the volume of explosive trading and the accumulation of clear whale in the derivative markets.

It seems that the long institutional positioning enhances the upper trend, as UNI outperforms the wider features based on ETHEREUM.

With Bitcoin dominance, the continuous force in UNI indicates that market participants may alternate the high density altcoins with the capabilities of the rise.

It highlights technical analysis

• UNI rose from $ 6.45 to $ 7.00 on June 3, where she published a 10.5 % earnings inside the day, supported by a volume of 16.4 meters -10 x above average for 24 hours.
• The current price is hovering near 6.79 dollars, an increase of about 6.5 % over the past 24 hours. The main support was about 6.56 – 6.60 dollars after the collapse, with the unification of between $ 6.60 and $ 6.75 confirming the health decline.
• The price of the price continues within an increased channel, as lower patterns indicate their lowest levels.
• Resistance is still near 6.93 – 7.00 dollars; A clean break over this area can provoke the fresh leg higher.
• A summary decline was met to $ 6.67 at around 07:36 by renewing the purchase, with the UNI follow -up force raised to $ 6.78 by 09:15.
• Nails support the size during 07:21 and 08:00 The idea of ​​institutional buyers who accumulate at the lowest levels.