The Cryptocurrency Market is experiencing significant turbulence as Uniswaps Uni -Token faces an intensive sales pressure.
After establishing resistance to $ 6,780, Uni cascaded down with several high -volume sales periods that break below critical support levels, according to Coindesk Research’s technical analysis data model.
This volatility comes when blockchain data reveals that large institutional holders transferred significant UNI positions to centralized exchanges, with two addresses moving 11.65 million tokens ($ 82.38m) to coinbase prime.
Technical analysis highlights
- Uni-USD fell from $ 6,658 to $ 6,286, representing a fall of 5.59% over 24 hours.
- The token established a clear level of resistance of $ 6,780 during the midnight time with high volume (2.02 m).
- More high-volume sales periods occurred between 05: 00-07: 00 and again at. 10:00, where the latter saw the highest 24 -hour volume (2.43 m).
- The price broke below the critical support level of $ 6.30 during the sale with high volume.
- The total trade area of $ 0.541 (8.12%) reflects increased volatility.
- In the last hour, Uni experienced extreme volatility with a dramatic price collapse from $ 6,387 to a low level of $ 6,239 (2.3% drop).
- A serious collapse occurred at. 13:33, when the price fell 5.1% on solid volume (48.8k).
- Yet more heavier sales at. 13:48 (116.4k volumes) drove UNI to the low of his Times.
- A remarkable recovery arose in the last minutes and raised the price back to $ 6,304 and established a potential short -term support zone.
Disclaimer: This article was generated with AI tools and reviewed by our editorial team to ensure accuracy and compliance with our standards. For more information, see Coindesk’s full AI policy. This article may include information from external sources listed below when appropriate.
External references