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WEEKEND PRICE ANALYSIS: BTC, MKR, UNI & EGLD

By SimpleLearn | SimpleLearn | 3 Oct 2022


BTC

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Over the past weekend, we have seen two relatively strong movements: an upward one from the price mark of $19,171 to $20,178, which amounted to more than 5% and a downward one from $19,871 to $19,478, which amounted to more than 2%. Both movements turned out to be false, and subsequently the price returned to the consolidation range. Bitcoin is currently trading around $19,220.

 

UNI

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The price of the token has been in consolidation since the end of September. Over the past weekend, the coin showed a downward movement from the price of $6.66 to $6.18, which is more than 7%. The support level at $6.22 held the price, and after a false breakout of the level, there was a confident recovery to $6.5, which was more than 5%. The coin is currently trading at $6.44.

 

EGLD

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Over the past weekend, the coin smoothly decreased from the price mark of $50 to $46.9, which was more than 6%. Then there was a confident recovery to the price mark of $50.19, which is 7%. Currently, the coin is trading around the price mark of $50.06.

 

MKR

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After a slight consolidation within the price marks of $721 and $784, the coin continues its upward movement and breaks through the resistance level at the price mark of $784. The coin is currently trading above the resistance level at $792.

 

The content of this post should not be construed as investment advice. We ask you to do your own research. This text is not a guide to action.

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SimpleLearn
SimpleLearn

A to Z practical crypto education for everyone. Learn to keep, exchange, or buy crypto confidently!


SimpleLearn
SimpleLearn

A to Z practical crypto education for everyone. Learn to keep, exchange, or buy crypto confidently!

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