Uniswap moved into the crypto top 20 on Wednesday, relegating MATIC, after surging by over 10% today. UNI has now gained for four straight sessions, as it approaches a key resistance point. SHIB was once again higher today, with prices hitting their highest point since May.
UNI was trading higher for a fourth consecutive session on Wednesday, as the token broke into the top 20.
Following a low of $4.43 on Tuesday, UNI climbed higher today, hitting an intraday peak of $5.14.
This move saw the world’s 19th largest cryptocurrency move closer to its long-term resistance level at $5.20.
As a result of this recent surge in price, the 14-day RSI has climbed to its highest point since April 5, hitting a ceiling