UNI is up by lower than 1% right this moment because the broader crypto market continues to underperform.
Uniswap introduced a strategic partnership with Moonpay earlier this week.
The whole crypto market cap may drop under $800 billion because the market continues to carry out poorly.
Uniswap permits customers to buy crypto on the Uniswap Web App
The Uniswap group introduced earlier this week that customers can now buy crypto on the Uniswap Web App utilizing a credit score/debit card or financial institution switch. This is thanks to its partnership with Moonpay.
1/ Go direct to DeFi ????
Starting right this moment, now you can buy crypto on the Uniswap Web App utilizing a credit score/debit card or financial institution switch at the very best charges in web3 thanks to our partnership with @moonpay! ????https://t.co/YVyk8e6d2h
— Uniswap Labs ???? (@Uniswap) December 20, 2022
Users can join their pockets to the Uniswap Web App and have the ability to purchase crypto utilizing fiat. Despite this latest cryptocurrency news, UNI is up by lower than 1% within the final 24 hours.
At press time, the price of Uniswap stands at $5.33 per coin. The optimistic efficiency comes because the broader cryptocurrency market continues to underperform.Â
The whole crypto market cap at present stands at $810 billion, down by lower than 1% within the final 24 hours. Bitcoin continues to wrestle under the $17k resistance stage and can also be buying and selling within the pink zone right this moment.
Key ranges to watch
The UNI/USD chart is bearish regardless of Uniswap performing positively over the previous few hours. The technical indicators present that UNI’s efficiency may enhance within the close to time period.
The MACD line stays under the impartial zone, and with UNI’s ongoing efficiency, it may discover it powerful to transfer into the optimistic area.
The 14-day relative energy of fifty exhibits that UNI is now not within the oversold area. However, it will want to carry out even higher if it intends to enter the overbought space.
If the optimistic momentum will increase, UNI may surge previous the primary main resistance stage at $5.996 earlier than the top of the day. However, UNI would wish the assist of the broader cryptocurrency market to surge previous the $6.6 resistance stage within the close to time period.
Where to purchase Uniswap now
eToro
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Bitstamp
Bitstamp is a number one cryptocurrency change which presents buying and selling in fiat currencies or common cryptocurrencies.
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