Uniswap was on track to start the weekend However, the cryptocurrency market is largely consolidated. The token rallied from losses suffered on Friday, approaching a critical resistance level in the process.
Uniswap (UNI) was one of Saturday’s notable moves as prices rebounded from the previous day’s decline.
After bottoming out at $6.10 on Friday, UNI/USD rebounded slightly, rallying to a high of $6.27 in the process.
This brought the token closer to his $6.35 critical resistance level, which he last hit on December 5th.
To regain this point, the UNI bull market first broke the Relative Strength Index (RSI) at 56.70. It must rise above the upper limit.
Currently, the index is hovering at his 54.75 level, which has contributed to the current market volatility, leaving traders unsure if they should maintain their previous positions.
However, if price strength rises above the aforementioned resistance of 56.70, the UNI bulls may turn the price towards his $7.00 level.
Dogecoin (DOGE), meanwhile, remained in the red after failing to break through a key resistance point on Friday.
Following yesterday’s move to $0.09858 highs, DOGE/USD fell to an intraday low of $0.096 on Saturday.
The move was due to Meme Coin’s failure to surge past his $0.0990 cap during Friday’s session.
chart, this resistance point coincides with another peak, the RSI peak. .
At the time of writing, the index is currently tracking 51.96, just below his 53.00 cap.
If this wall breaks, the meme coin he may return to the $0.1000 region.
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