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Cryptocurrency Report.

One Cryptocurrency Sustaining Below the Resistance Levels- Uniswap (UNI)

Nov 12, 2026

  • UNI
  • Investment Type
    Crypto
  • Risk Level
  • Action
  • Rec. Price (US$)

Cryptocurrency Market Round-Up

Typically, cryptocurrencies are termed as digital currencies and use blockchain technology to record every transaction. Uniswap (UNI) is a decentralised cryptocurrency exchange (DEX) built on the Ethereum blockchain, enabling users to trade digital assets directly from their wallets without relying on traditional financial intermediaries. It uses smart contracts and automated market-making (AMM) mechanisms to facilitate peer-to-peer token swaps in a permissionless and transparent manner. As a major participant in the decentralised finance (DeFi) ecosystem, Uniswap supports liquidity provision, token trading and decentralised financial applications, while its UNI token serves primarily as a governance asset within the protocol. UNI has a market capitalization of ~USD 3.87 billion (as per TradingView as of November 12, 2026).

For the week ended November 06, 2026, the S&P Cryptocurrency Broad Digital Market (BDM) Index declined by 71.89 points, or 1.73%, closing at 4,083.61, reflecting sustained selling pressure across the broader cryptocurrency market. The index continued to face downward pressure, indicating weakening investor confidence and subdued risk appetite. At the start of the new trading week on November 09, the index registered a modest recovery; however, the rebound remained weak and failed to reverse the prevailing bearish trend. Persistent selling pressure and a lack of strong buying interest suggest that market sentiment remains fragile, with further downside risks likely in the near term.

Having understood the S&P Cryptocurrency BDM Index movement over the last week and the scenario for the upcoming week, one cryptocurrency that seems ‘Non-Attractive’ at the current level appears to be Uniswap (UNI) based on the below technical parameters: -


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