This Week Eyes on Uniswap and O 4 Coins! Here are the Expectations

While the cryptocurrency market has regressed in the last 24 hours, leading crypto analysts have announced critical levels for Uniswap (UNI) and these 4 coins! Here are the details…

Analysts made bullish predictions for UniSwap (UNI) and these 4 coins!

cryptocoin.com After the gains we quoted last week, the current market structure is complicating the progress made by the bulls. According to the data, the total market value has decreased by 2 percent in the last 24 hours. While this situation cut the momentum of many cryptocurrencies, experts made comments about UniSwap (UNI) and these 4 coins. These altcoins could be bullish throughout the week.

UniSwap (UNI)

Uniswap is one of the well-known names of decentralized finance (DeFi) projects. The project’s native coin is trading at $5.99, with a potential increase in the medium to long term. Despite this, investors are having minor problems in the short term, with UNI falling 3 percent on the daily timeframe.

The on-chain development of the project increases the demand for UNI day by day. As you may recall, the mobile wallet of the project was launched last month. However, experts expect a rise and recovery from $ 5.8 as a result of developments. According to cryptocurrency experts, investors should definitely follow the UNI charts closely as they move into a narrower trading range. According to analysts, if UNI manages to regain the $6.2 level, UNI will have enough momentum for a bigger rise. The project has an instant market value of 4.5 billion dollars. In the last week, the coin has gained 5.7 percent in value.

Apecoin (APE)

Despite showing weakness after the market rally in January, APE has been promising for investors lately due to strong developments on the chain from Yuga Labs, creator of the Bored Ape Yacht Club NFT collection. Apecoin (APE) has gained 8.8 percent over the week and its market cap is over $1.5 billion.

Momentarily, APE is trading at $4.27 which is expected to support the bulls in the coming days. In addition, the narrow trading range that the coin is in is also contributing to the rise. If the coin exceeds $4.5, the potential increase for investors will increase significantly.

TRON (TRX)

Despite the recent controversy about Justin Sun surrounding Huobi Global, the Tron ecosystem continues to evolve. The ecosystem’s native coin, TRX, is up nearly 2 percent on the weekly timeframe. The coin’s price action follows the broader movement of the crypto market over the past few days.

TRX is seen below the $0.065 resistance as it follows the current market decline. If the bears capitalize on this downside pressure, TRX could decline towards the $0.062 support. If the bulls can defend the decline to this support, the coin could recover towards $0.071. TRX, which is instantly traded at $0.066540, has a market cap of $6 billion.

Ethereum Classic (ETC)

Ethereum Classic is Ethereum’s fork that preserves the legacy features of ETH. According to experts, altcoin ETC is in the portfolio of many investors and may be on the rise soon. The data reveals that the altcoin is down more than 1% on the daily timeframe.

For ETC, the altcoin’s price action has stagnated above $20. Ethereum Classic is also trading in a narrow trading range, which could lead to an explosive rise towards $23. A retest or possible breakout above this level is inevitable if ETC bulls strengthen the current support. ETC is momentarily trading at $20.85 and has risen 5.7 percent over the past week.

Stacks (STX)

The last coin on the experts’ list of cryptocurrencies that will rise throughout the week is Stacks (STX). Stacks (STX) managed to bounce back after a few weeks of pain. According to the data, Stacks (STX), although it has been on the rise in the past days, decreased by 4.1 percent on a daily basis to $ 0.872981, but the project has increased by more than 20 percent in the last 30 days.

The organization’s latest announcement that they will fund projects that will benefit the Bitcoin layer of the ecosystem is expected to affect investor sentiment. STX is momentarily trying to move away from the $0.86 support level. If successful, investors could face huge gains. STX bulls can easily target $1.1 in the short to medium term depending on the market sentiment.

However, it is worth noting that investments in crypto money projects can be risky and each investor should make their own investment in line with their research.

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