Amidst market turmoil, Uniswap (UNI) and Solana (SOL) have succumbed to selling pressure. Both coins have taken a noticeable hit. However, one of the new blockchain ICO coins, Borroe Finance ($ROE), has grasped market momentum. $ROE has shown incredible resilience in this downturn market trend. Let’s find out more about these coins.
TLDR
- Uniswap price fell over 50% in the first half of April from $13 to $6.
- SOL is facing resistance at key Fibonacci levels around $160 and $175.
- $ROE investors entering now could enjoy a 25% gain.
Uniswap Slips: Will UNI Be Able To Survive?
Uniswap, one of the top DeFi coins, has declined below the key support level of $10.00. The Uniswap price has witnessed a significant drop from $13.00 to $6.00. This has marked a huge 53.84% drop in UNI’s price within two weeks of April.
With this drop, there was the benefit of doubts for UNI investors over its short-term market presence. That’s why a lack of investors’ confidence has triggered panic selling of UNI.
Likewise, Uniswap’s RSI Curve has significantly plunged towards mid-level. This has prompted a loss of momentum for UNI. Uniswap’s MACD indicator further confirmed the bearish movement.
On the other hand, Uniswap was finding support at the 50-week EMA. As of the third week of April, UNI was trading at around $7.00. However, technical analysis hinted at the possibility of a bearish break below this level. Experts say if Uniswap fails to survive, UNI will plunge to $5.00.
Solana Price Trajectory: Bearish or Bullish?
The price of Solana has experienced a huge correction since the start of April. SOL’s price waned from $202 to $124 in the first half of April. However, the Solana ecosystem sees SOL’s recent drop as a potential upswing shortly.
In addition, Solana has registered a 38% downfall during that period. After dropping to that level, SOL made a quick rebound. This action took the SOL price to $155 in the third week of April. Moreover, SOL also made a turnaround above 20-day EMA.
Despite this, Solana’s upcoming price outlook was still bearish. The downtrend for SOL was reflected in several indicators, including the MACD. Furthermore, SOL’s RSI level has also slipped from the oversold zone.
Solana has been facing key Fibonacci resistance levels, particularly at $160 and $175. Crypto news reveals that if Solana breaks above this level, SOL will climb back to the $210 level.
Borroe Finance Continues Buying Signal
As Uniswap and Solana faced extensive selling pressure, Borroe Finance gained remarkable traction as a formidable rival against these top crypto coins. With its excellent profit-making trajectory, investors are going for Borroe Finance holdings. This massive buying has made $ROE one of the viral token launches.
Borroe Finance has been accelerating in the DeFi space. Its commitment to revolutionizing the Web3 arena has caught the limelight–thanks to its AI-powered NFT funding marketplace.
For this reason, Borroe Finance has emerged as one of the best DeFi projects. Moreover, Borroe Finance enables Web3 players and businesses to raise straight upfront cash by trading their future earnings or invoices as collateral. In this process, its innovative platform guarantees smooth, efficient and risk-free transactions.
Currently, Borroe Finance is on the verge of ending its presale stages. $ROE is selling impressively at $0.020 in the final stage of the presale. $ROE price will rise to $0.025 before hitting major exchanges. There’s one last chance to get on board with Borroe Finance’s presale.
If anyone invests now, they will enjoy a 25% surge. Get your $ROE token now and HODL to enjoy massive profits.
Learn more about Borroe Finance ($ROE) here:
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