Overall, Uniswap had a 1.62% move or $0.103 today and is currently trading at $6.47.
At the same time, United States API Weekly Crude Oil Stock released today at 21:30 UTC with a figure of -4.8 million, while the previous figure was -5.83 million. United States 7-Year Note Auction came out at 3.89. Fresh 5-Year Note Auction data from United States came out at 3.974.
Bollinger Band® analysis indicates that current price action is approaching the upper band at $7.55, thereby suggesting that UNICORN Token USD is becoming overvalued. Uniswap broke through the $5.28 resistance and climbed $1.19 above it.
Examining the technical analysis landscape, Uniswap is likely to reverse course and start pointing downward in the short term.
Other markets are also showing gains as Litecoin jumps 13.05% to trade around $69.41. Chainlink USD is up 7.87%. FTX Token is up 7.57%.
Today's gains are adding to bullish investor sentiment as robust macro data is expected for release later today; United States Core Durable Goods Orders is projected to outperform its last figure with 0.1%. It previously stood at -0.5%; data will be released tomorrow at 13:30 UTC. United States Crude Oil Inventories is projected to outperform its last figure with -1 million. It previously stood at -5.4 million; data will be released tomorrow at 15:30 UTC.
The market is looking forward to the release of new data: United States New Home Sales (Oct) is expected tomorrow at 15:00 UTC.
Trading mostly sideways for 5 months. So far this year, Uniswap has declined 65.87% while touching highs around $18.46 earlier this year.