Uniswap Price To Escape 5-Month Correction As Prometheum Adds UNI Custody Service

Uniswap price spiked 12% to $6.9 on Wednesday, outmatching the general bazaar uptick. The high energy rally could be attributed to whale surge and also Prometheum Capital’s announcement of including Uniswap (UNI) and also Arbitrum (ARB) to its custodial lookout. The rising price is likely to confound the downsloping resistance of the wedge fad, suggesting the potential retreat from a 5-month improvement.