Bitcoin along with almost every other altcoin was trading in red including Chainlink, Bitcoin Cash, Uniswap with each of them reacting differently to these market changes.
Post the June 8 dip, LINK kept testing the $22.7 support level; on June 10 the coin finally dropped below it, turning it into an active resistance level.
According to the Parabolic SAR, the coin is currently in an uptrend as the white dotted line appeared below the candlesticks.
UNI was trading at $20.7 at the time of writing and based on present indicators, this price could possibly fall further.
He has a keen interest in DeFi, the ever-expanding possibilities of blockchain technology, as well as the political impact they would have.
Disclaimer: AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice.