UNI surges to 1-week high, XRP climbs 11% higher.
The last seven days were filled with increased levels of fear, uncertainty, and doubt in the marketplace, as participants moved to shelter following the FTX collapse. Xrp was another notable mover, climbing by over 10% on Nov. 15.Uniswap rose for a third straight session on Nov. 15, pushing the token to a one-week high in the process.
UNI/USD surged to an intraday high of $6.36 in today’s session, less than a day after trading at a low of $5.83. Today’s rally, which saw prices move close to a key resistance level of $6.45, has seen UNI trade at its highest point since last Tuesday.As can be seen from the chart, another ceiling was hit during today’s surge, in the form of the relative strength index .
The index collided with its resistance of 50.00, which could potentially prevent any further surges from the token.
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