Uniswap Price Analysis: UNI Tests $3.90 After Weekly Breakout

TLDR: UNI has broken above long-term weekly descending resistance after months of bearish market pressure. Weekly RSI breakout signals improving momentum structure and possible bearish exhaustion for UNI. A bullish crossover on the Stochastic RSI supports the case for sustained upside continuation on higher timeframes. The $3.90 level remains the decisive reclaim zone needed to [...]

The post Uniswap Price Analysis: UNI Tests $3.90 After Weekly Breakout appeared first on Blockonomi.