Репост из: Kick Ecosystem - News
✨ Market analytics for UNI & COMP tokens ✨
🦖Analysis for COMP
🔮The price of Compound's COMP token met strong resistance yesterday in the range of $104.75 - $105.70 and began to decline, breaking through the lower border of the ascending channel.
At the moment, the COMP price has passed the lower consolidation line at $102.00, which can be considered local resistance. Immediate support is at $100.75.
If the selling pressure persists and the price breaks the support of $100.75, it is worth considering a decline to the levels of $99.05 - $99.70. If buyers return the COMP price above the $102.00 level, and if the $ 103.00 level is broken, a retest of the $104.75 - $105.70 range is possible.
🦄Analysis for UNI
🔮The price of Uniswap's UNI token continues to decline and move within a narrow downward channel. Local resistance is at $2.84.
Immediate support is at $2.80 and is located at the lower border of the descending channel. If the price manages to gain a foothold below the level of $2.80, the downward movement may accelerate to the $2.65 - $2.70 zone.
If the price starts to grow from the current level, the UNI price needs to pass above the resistance at $2.84 for the subsequent test of the $2.91 level — the breakdown of which will signal a trend change and the beginning of growth towards $2.97 - $3.025.
🦖Analysis for COMP
🔮The price of Compound's COMP token met strong resistance yesterday in the range of $104.75 - $105.70 and began to decline, breaking through the lower border of the ascending channel.
At the moment, the COMP price has passed the lower consolidation line at $102.00, which can be considered local resistance. Immediate support is at $100.75.
If the selling pressure persists and the price breaks the support of $100.75, it is worth considering a decline to the levels of $99.05 - $99.70. If buyers return the COMP price above the $102.00 level, and if the $ 103.00 level is broken, a retest of the $104.75 - $105.70 range is possible.
🦄Analysis for UNI
🔮The price of Uniswap's UNI token continues to decline and move within a narrow downward channel. Local resistance is at $2.84.
Immediate support is at $2.80 and is located at the lower border of the descending channel. If the price manages to gain a foothold below the level of $2.80, the downward movement may accelerate to the $2.65 - $2.70 zone.
If the price starts to grow from the current level, the UNI price needs to pass above the resistance at $2.84 for the subsequent test of the $2.91 level — the breakdown of which will signal a trend change and the beginning of growth towards $2.97 - $3.025.