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A look into what’s holding back Uniswap’s long-overdue rally
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The past few months have been quite mundane for Uniswap. This DeFi token last witnessed a proper rally back in July-August. Over that period, notably, its price surged by more than 120% on the charts.
However, that didn’t last long. Since its honeymoon phase passed, UNI has either fallen on the charts or traded horizontally on the same.
UNI/USDT || Source: TradingView
As expected, most of Uniswap’s metrics have been exhibiting bearish market trends. Market participants’ interest with respect to
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