Uniswap's UNI token has recently declined but could see a bullish revival if Bitcoin and DeFi sentiment improve, with potential resistance levels at $12, $15, and $19, depending on market conditions and a breakout above key support levels.
Uniswap's UNI token has seen a significant increase in activity, with $38 billion in monthly volume across Ethereum Layer-2 networks, leading to bullish sentiment and a current trading price of $12.95. The token is testing a key resistance level at $13, with potential for further gains if it breaks through. On-chain data shows positive indicators such as increased large transactions and network growth, but the RSI suggests overbought conditions, indicating possible pullbacks. Traders should be cautious as exchange reserves and liquidation data present mixed signals.
Bitcoin and altcoins are showing strength in the market, with Bitcoin consolidating near resistance at $44,700 and the potential to reach $48,000. Altcoins like Uniswap (UNI), Optimism (OP), Celestia (TIA), and Stacks (STX) are also showing positive signs. UNI completed a double bottom pattern and may rally to $9.60 if it stays above $6.70. OP broke above resistance at $1.87 and could rally to $2.60. TIA is defending the 38.2% Fibonacci retracement level at $9.01 and may retest $11.50. STX is correcting in an uptrend and could retest the local high at $1.25.
Caitlin Clark becomes the all-time leading scorer in the history of the Iowa women's basketball program, surpassing Megan Gustafson's previous record of 2,804 career points. Clark achieved this milestone during a dominant performance against Northern Iowa, recording a triple-double with 24 points, 11 assists, and 10 rebounds. With more records within reach, Clark's exceptional talent and the support of her teammates have propelled Iowa to the top of the rankings.