Uniswap Launches on OKX's X Layer, Enabling Zero-Fee Swaps
- Zero-Fee Trading: Uniswap's launch on OKX's X Layer allows users to conduct swaps with zero interface fees and transaction costs as low as $0.01, significantly reducing trading expenses and enhancing platform attractiveness.
- Direct Market Access: Users can now access native markets including xBTC, USDT, and USDG directly through Uniswap, which not only enhances trading options but also strengthens Uniswap's competitive position in multi-chain environments.
- Deep Liquidity and Low Costs: OKX states that the integration brings deep liquidity and low transaction costs to X Layer, with swaps costing as little as a few cents, ensuring users enjoy low-cost trading while maintaining security standards.
- Multi-Chain Expansion Strategy: This launch is part of Uniswap's strategy to expand across Layer 2 networks to reduce costs and improve user experience, while OKX enhances its Layer 2 offerings by integrating this major DeFi protocol.
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Technical Analysis for UNI
Technical Sentiment Analysis for Uniswap (UNI). As of , Uniswap (UNI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for UNI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, UNI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Uniswap (UNI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 2.418 | 2.753 | 3.094 | 3.429 | 3.77 | 4.105 | 4.446 |
| Fibonacci | 2.753 | 3.011 | 3.171 | 3.429 | 3.687 | 3.847 | 4.105 |
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