Cryptocurrencies Price Prediction: Uniswap, Ethereum & Render — Asian Wrap 12 September
|Uniswap price is poised for a rally if it breaks above the ascending triangle pattern
Uniswap (UNI) price trades inside an ascending triangle pattern; a breakout signals a rally ahead. This bullish move is further supported by UNI’s on-chain data, which shows a negative Exchange Flow Balance and decreasing exchange supply, hinting at a rally ahead.
Ethereum ETF and exchange investors step up buying pressure following spike in key metrics
Ethereum (ETH) was down 1% on Wednesday as investors stepped up their buying pressure via exchange-traded funds (ETF) and exchanges. This could be due to ETH's potential to rally after the end of its historical Q3 market lull.
Render could rally if it sustains an extended move above key resistance
Render is down 2% on Wednesday as it attempts to break above the $5.155 key resistance level. This move could trigger a rally and cause a notable uptick in average gains for investors who purchased it within the last 30 days.
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