Uniswap (UNI) is quoted at $7.52 on Binance spot as of October 11, having already traded through the $7.60 conditional floor flagged by AMBCrypto's Gladys Makena on October 7. The MACD histogram ha...

Market analysis includes conditional scenarios, not assured price outcomes or investment advice. Check the data, assumptions and dates cited.

When Gladys Makena at AMBCrypto wrote on October 7 that "if the recent pressure persists, Uniswap will likely lose the $8 support and drop to $7.6," the $8 level was presumably still in play. Four days later, UNI is printing at $7.52 on Binance spot — already below that conditional target. The move has been orderly rather than volatile; the 24-hour range of $7.41 to $7.71 spans roughly $0.30, against a 14-period ATR of $0.59, suggesting the current session has not yet approached full daily volatility.

Alejandro Arrieche at FXEmpire, writing on the same date, framed the risk more severely: "we see this pullback potentially pushing UNI below $7 in the near term," with a $12 mid-term scenario contingent on a $6–$7 trough first forming. At $7.52, the sub-$7 threshold Arrieche identified sits only $0.52 below the current print, and the lower Bollinger Band — calculated from the 20-day SMA using a standard two-standard-deviation envelope — is currently at $7.10, a level that would be consistent with that trajectory without yet reaching it.

The moving average stack is uniformly bearish in the short- to medium-term window. 77 all sit above the current price, meaning each of these measures represents overhead resistance rather than a floor.

Source link