Uniswap, Stellar, Litecoin Price Analysis: 05 January

Defying the broader sentiment, UNI poked above the 61.8% resistance level whilst Stellar formed a cup and handle pattern on its 4-hour chart. On the other hand, Litecoin continued its sideways movement. However, all the aforementioned cryptos flashed a weak directional trend.

Uniswap (UNI)

TradingView, UNI/USDT

UNI’s long-term bearish streak reversed from the crucial 11-month support at the 13.98-mark. The rising wedge (white) saw a breakdown from the golden 61.8% Fibonacci level.

This…


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