UNI could still lose half its value by September.
Additionally, UNI may also have been drawing its gains from a so-called"fee switch" proposal.
From a technical's perspective, UNI is now heading lower after testing $20 as its interim resistance. However, its price would risk falling even further if it lands back inside the pattern's trading range, defined by two ascending, converging trendlines.That is primarily because rising wedges are bearish reversal patterns.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: