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RL_Boats_Yacht_Broker
Apr 29, 2021 1:58 PM

Uniswap rallies 42% in 4 days Long

Uniswap / United States DollarCoinbase

Description

Uniswap aims to replace centralized exchanges, exchange market makers, and specialists with decentralized liquidity pool-providing individuals and bots for efficient trading of cryptocurrencies and tokens on the Ethereum blockchain.

Go to Uniswap to exchange ETH for AAVE, BAL, COMP, LINK. Create your own token pair for other users to trade, provide liquidity and earn trading fees.

After 4 strong up days, UNI/USD is up 42%. Previous rallies of such magnitude were followed by retracements.

I would wait for a 25% to 40% retracement of that rally before going in, but Uniswap will be added to our portfolio at the earliest opportunity. Did you know it is up 1,100% in 6 months?
Comments
JCLARK87
Thank you! Not expecting a Rally today?? V3
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