Uniswap's price is closely related to Ethereums price, but UNIUSD often has a slight lag in price changes in relation to ETHUSD.
Recently ETH has made big gains on the 1D chart reaching previous high levels with indicators showing signs of being overbought; whereas UNIUSD, although making gains recently, is still showing signs of being oversold on the 1D...
Chart:
I saw an analysis' posted on twitter by Rafael Schultz-Kraft and Geert Jan Cap that puts us in the lower end of the bull cycle and felt I should share on here.
Last bull market $BTC was @ $8500 at the current Market cap:Thermo cap level
Price increased 135% to the top in a month
From the current price 135% is $110,000
To see a better chart of...