Biggest Movers: SOL Hits 1-Month Low on Saturday, as UNI Extends Recent Declines

Solana fell to a one-month debased to commencement the weekend, arsenic cryptocurrency markets moved little up of Christmas Day. Today’s driblet saw the token autumn for a 4th consecutive session, arsenic marketplace sentiment shifted bearish. Uniswap was besides successful the reddish connected Saturday, with terms falling for a 2nd consecutive day.

Solana (SOL)

Solana (SOL) was successful the reddish connected Saturday, arsenic prices moved little for a 4th consecutive session.

SOL/USD slipped to a debased of $11.24 successful today’s session, which comes little than a time aft the token was trading astatine $11.95.

Today’s driblet saw solana autumn to its lowest constituent since November 22, erstwhile terms deed a debased of $10.94.

SOL/USD – Daily Chart

As tin beryllium seen from the chart, Saturday’s diminution came arsenic the 14-day comparative spot scale (RSI) broke retired of a level astatine 34.00.

The scale is presently tracking astatine 31.79, with the adjacent disposable constituent of enactment astatine the 29.90 level.

Should the RSI proceed to caput to this point, it is apt that solana volition autumn beneath the $10.94 level, which was past seen 4 weeks ago.

Uniswap (UNI)

Uniswap (UNI) besides moved little to commencement the weekend, arsenic the token extended a caller carnivore run.

Following a precocious of $5.32 connected Friday, UNI/USD fell to an intraday debased of $5.20 connected Christmas Eve.

The determination led to uniswap landing connected its semipermanent constituent of support, with bears apt to unit a breakout arsenic the play matures.

UNI/USD – Daily Chart

As of writing, the token remains marginally supra its $5.20 floor, and is presently trading astatine $5.22.

Should this level beryllium broken, a imaginable people for sellers volition perchance beryllium a level astatine $4.95, which was past deed successful precocious November.

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Do you expect uniswap to autumn beneath $5.00 this weekend? Let america cognize your thoughts successful the comments.

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