Uniswap (UNI) has seen a 7.54% increase in the last 24 hours, trading at $14.14, with a significant surge in trading volume. This rise in price has led to a nine-day high for UNI. Recent data also shows a sharp increase in large transactions on the Uniswap network, suggesting increased activity from whales and potential price movements. Additionally, active addresses for UNI have surged by 23%, indicating growing interest and engagement. The long/short ratio also favors long positions, further supporting bullish expectations. UNI faces a key resistance level at $17, and breaking through this could trigger a significant rally. While the short-term potential for UNI looks promising, broader market dynamics and investor sentiment will be crucial in sustaining this bullish momentum.



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