depending on new chart study looks that uniswap will breakdown.
We have seen some fomo effect, this same effect we have seen before also with Matic.
totaly supply 1B - what means now cc supply are low, but with time it wil become more, and this will make the price more cheaper -- see the story of Matic network.
Have good time
# dont take this as trading...
Depending on my chart study Uniswap will get a recovery at back trend.
In the picture you see about breakout - but means breakdown.
I will add later more details about the expecting.
This are not an advice, take your own plan/and study to trade.
Have good time all (:
As above.
Will see how this plays out. If can beak through 4.20 -4.50 range then much higher it will go and hopefully that range will in turn act as support.
Good luck traders!