Ethereum saw a 3% uptrend while eyeing its multi-month high of $ 4,033.17. Stellar also showed similar moves after posting gains of 3.4% and trying to break the price cap of $ 0.381.
Conversely, Uniswap was one of the altcoins that posted a loss. The coin fell 3.6% and moved towards the USD 28.26 support line.
ETH was up 3% in the past 24 hours and cost $ 3902.31. The coin was preparing to hit its four-month high at $ 4,033.17 again. If Etheruem manages to topple the $ 4,033.17 level, it could trade near the $ 4,178.04 price line. However, indicators were still showing chances of Ethereum losing value.
MACD showed red bars in its histogram and was at the level it had last touched almost a month ago. Great oscillator also observed red signal bars.
In contrast, the number of Ethereum buyers still remained higher than that Relative Strength Index stood at the 75 mark. However, a swing in price would bring Etheruem to $ 3,855.11.
On a fall of $ 3855.11, another level of support was expected at $ 3387.05. If Ethereum fails to hold above $ 3,387.05, it could trade near $ 2946.43, a level it last hit nearly four weeks ago.
XLM appreciated 3.4% and was valued at $ 0.376 as it tried to break the $ 0.381 resistance level. At the current price level, XLM had secured a weekly high. If the coin manages to maintain an uptrend, it could hit its multi-month high of $ 0.400 again.
The technical indicators remained positive for XLM. MACD green bars are displayed in the histogram. The buying pressure was bullish as the Relative Strength Index was seen above the 60 mark.
Chaikin money flow was also sighted above the half-line as capital inflows were greater than outflows. On the flip side, XLM’s floor price rested at $ 0.346, falling as it traded near its three-week low of $ 0.319.
Unit exchange (UNI)
UNI fell 3.6% in the past 24 hours to trade at $ 29.04. The immediate support level was $ 28.26, below which UNI could hit its two-week low at $ 25.47.
The indicators also point to a bear market. MACD after a bearish crossover, red bars flashed in his histogram. Relative Strength Index stayed below 50 as buying pressures struggled to break into bullish territory.
Accordingly, capital inflows fell, as on the Chaikin money flow. On the flip side, UNI could retest and cross the multi-month high of $ 31.20 and trade near $ 34.44.