Uniswap Continues Its Range-bound Move but Holds Above $4.60

The price of Uniswap (UNI) resumed a sideways movement after the May 12 plunge. The cryptocurrency is now fluctuating between $4.60 and $5.80 price levels. Nonetheless, the 21-day line (blue line) SMA has continued to drive the cryptocurrency to trade in a tight range. At the time of writing, the altcoin is trading at $4.89.