21 hours ago
Uniswap’s UNI UNI token is down 6.36% to $7.3864 implicit the past 24 hours, arsenic traders absorbed different question of geopolitical hostility pursuing an assertive caller connection from President Donald Trump. The token had concisely recovered from a crisp overnight crash—bouncing 9.5% from $6.82 to implicit $8.40—but has since slipped again arsenic hazard sentiment deteriorated.
In a Truth Social post aboriginal Friday, Trump issued his astir nonstop informing yet to Iran, stating, “Iran indispensable marque a deal, earlier determination is thing left.” He claimed to person fixed Iran aggregate chances to negotiate, but said their nonaccomplishment to enactment would effect successful further “death and destruction.” The connection concluded with a stark ultimatum: either Iran reaches an agreement, oregon it risks being wiped retired entirely.
The station has amplified capitalist anxiousness crossed hazard markets, including crypto. While UNI had shown beardown betterment behaviour earlier successful the day, the renewed menace of broader Middle East escalation appears to person capped upside momentum. The token is present consolidating adjacent $7.38, with traders watching to spot if enactment adjacent $7.26 tin clasp nether intensifying geopolitical pressure.
Technical Analysis Highlights
- UNI crashed 12.5% from $7.90 to $6.82 connected dense measurement (8.48M) earlier recovering 9.5%.
- Price enactment formed a V-shaped reversal, rebounding from $7.21 to $7.35.
- Volume peaked betwixt 13:31–13:44 UTC arsenic terms broke $7.30 resistance.
- Support formed astatine $7.26 with aggregate palmy retests.
- UNI has since declined to $7.3864, with existent absorption adjacent $7.50 and unit building.
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