UNISWAP tests the resistance where V4 TVL crosses $ 110 billion star-news.press/wp

UNISWAP is trading at $ 11.02, an increase of 4 % over the past 24 hours and 60 % during the past month, as it continues to pay resistance levels.

During the past seven days, the price of UISWAP (UNI) fluctuated between $ 9.78 and $ 11.30, with modern gains driven by increasing trading and momentum through decentralized financing. Open attention more 4.76 % to 754.7 million dollars, while the daily trading volume increased by 25 % to 427.5 million dollars.

This rise in capital and active positions indicates that investors are confident again in the current upward trend. Despite some risks in achieving profits, the market structure is still upward above the level of $ 10.

UNISWAP V4 on-Striches increased

UISWAP V4 continuous expansion supports this step. The cumulative trading volume exceeded $ 110 billion, and the total closed value exceeded 1.03 billion dollars. The volume of decentralized exchange for 30 days is 26 billion dollars, based on Data From Devilia.

Most activity is focused on unichain, the original layer of uniswap, which represents about 75 % of all professions. ETHEREUM share decreased to less than 20 %.

More than 2,500 gathering gathering dedicated hooks. Both protocols such as BUNNI and EULERSWAP have exceeded one billion dollars. The low fees for Unichain and fast mass times have helped make them the third largest layer 2 by use.

UNISWAP V4 was launched on January 31 through 10 networks, including ETHEREUM (ETH), Arbi (ARB), Base, and BNB (BNB). July promotions included extensive support for the smart portfolio, the integration of the cross series with Hyperbridge and Layerzero (ZRO), and more than 640 million treatment bodies.

UNISWAP Technical Analysis

UNI is trading at $ 11.03, less than the upper Bollinger Band at $ 11.63, and less than its last peaks of $ 11.30. In 71.30, the relative strength index indicates that the market may be excessive. SMA remains for 20 days of $ 9.73, which currently works as support, much higher than the price.

The UNI style indicates an ascending step similar to the stairs with slight uniformity, which is common with a strong height. However, the short -term profit from the relative strength index can result from 70 for a sustainable period without unification.

The bullish trend may continue as long as the UNI remains higher than the important moving averages and maintains the volume of the bullish momentum. The next resistance level approaches $ 12 if the UNI has exceeded $ 11.30. If the market continues to rise above this level, it may eventually reach $ 13 to $ 14.

On the negative side, it can be a decline of about $ 9.70 to $ 10 that resulted in a rejection when resistance when the relative strength index cools, but if it is, the structure will remain optimistic.