Once UniSwap price has tested one of these levels, expect the price to rally to the next resistance level if support is tested. In that case, the next move would likely be towards $8.14 as the $4.21 support was tested. In addition, broken levels will serve as the opposite in the future. If the $8.14 resistance breaks, it could act as support going forward. However, it must also be said that it will not always be the case that the course will test the next level after testing one.
The weekly candle of week 20 was closed bullishly as a "hanging man", which is why we expect rising prices in the future. The price might test the $8.14 resistance next. However, the long-term future, until the end of 2022, looks rather bleak. We expect the UniSwap rate to fall to around $2.98. This is where the last visible support is on the chart. Once the price breaks this support, it could turn higher again.
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