Uniswap’s UNI token has experienced a significant fluctuation in the last 24 hours. UNI Tokenı fell to $ 7,3864 with a decrease of 6.36 percent. In this decline, new statements made by former US President Donald Trump and increasing geopolitical concerns are thought to be effective. During the day, the price of the token, after a rapid recovery tend to decline again.
The effect of geopolitical explanations on the market
Donald Trump has made strong warnings against Iran in his latest sharing on his social media platform Truth Social. Sharing, Iran has previously been granted negotiation opportunities, if they are not used, it may face serious consequences. Trump said that if Iran does not make an agreement, he may face the ör Risk of extinction ”.
Donald Trump: “Iran should reach an agreement, otherwise there is nothing left. Iran had a chance to negotiate, but every failures will result in more death and destruction.”
Following this statement, a general uneasiness was observed in the risk markets. Sales pressure was felt in risky investment instruments such as crypto assets. In particular, UNI Tokenı fell again due to these statements after the recovery.
What happened in technical analysis
Looking at the price movements, the UNI token had hard ups and downs on an hourly basis. The price of the token decreased by 12.5 percent for a short time and fell from $ 7,90 to $ 6.82. This decrease took place with the high trading volume. Although there was a recovery of 9.5 in a short time, the price came under pressure.
Technical indicators show that the price is experiencing “V” in the form of “V” from $ 7,21 to $ 7.35. In addition, between 13: 31–13: 44 UTC hours, the volume of transactions increased significantly to the price to exceed $ 7.30 resistance. However, recovery was limited due to geopolitical pressures on the market.
Afterwards, the price of UNI token fell to $ 7,3864. For the time being, the level of $ 7.50 draws attention as a point of resistance, while investors closely monitor whether the support level of $ 7.26 will be broken.
The course and investor reactions in the market
The harsh price movements in UNI token caused many investors to be cautious. Sudden price volatility led to cautious and short -term transactions in the market. From a technical point of view, it is of great importance that the price is a critical support of 7.26, while disciplined investors are more careful in such sudden movements.
According to expert analyzes, the effects of geopolitical developments and political explanations from leaders on the crypto market can be felt intensely in the short term. In particular, the tokens of large platforms can show more sensitive reactions to such developments.
The fluctuation of the UNI token in recent days reveals how sensitive the crypto currencies can be to the flow of political and economic news. It is observed that current developments and direct statements by leaders can lead to direct volatility in the markets. Closely monitoring market support and resistance points for investors; Geopolitical and political explanations are expected to play an important role in the short term.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
