Marginally higher but lacking a clear-cut direction, Uniswap is trading at $6.47 after ranging between $6.29 and $6.47 today.
- United States's Crude Oil Inventories new data released of -4.58 million below its previous figure.
- In contrast to today's gains, Uniswap has been on a 3 day bearish trend during which it lost $0.666 of its value.
Highly important Crude Oil Inventories data from United States beat analyst expectations of -1 million with a reading of -4.58 million. United States Building Permits (Mar) came out at 1.41 million, while a consensus of analysts was expecting 1.45 million.
Despite posting gains so far today, UNICORN Token USD slid below its 200 day Simple Moving Average at $6.11 in earlier trade — an early indicator that a negative trend could be emerging. Although Uniswap is appreciating today after rising as high as $6.47, price action is now slowing and consolidating around 52 cents below the $7 resistance level.
Uniswap is likely to reverse course and start pointing downward in the short term.
United States Philadelphia Fed Manufacturing Index (Apr) is expected tomorrow at 12:30 UTC. United States Existing Home Sales (Mar) will be released tomorrow at 14:00 UTC.
After ending today's session at $101.78, Litecoin lost $6.65 and is trading around $95.13. EOS closed at $1.13 (down 6.87%). After ending today's session at $0.533, Ripple lost $0.033 and is trading around $0.5.
Trending positively for about 2 months. Having set a significant low of $0 2 months ago, Uniswap is trading 2,654,432% higher.