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Blockonomi
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Why Is Uniswap (UNI) Price Pumping?
- Uniswap (UNI) price jumped 17% after trading volume spiked over 139% in just 24 hours.
- A 3-year broadening wedge pattern suggests a possible breakout toward the $27 level.
- The SEC’s DeFi exemption proposal lifted investor confidence across decentralized protocols.
- Market sentiment remains bullish with 16 green days and Fear & Greed Index showing ‘greed.’
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