UNI is bouncing off the support of a broadening wedge pattern. The 50 EMA offers immediate resistance at $8.17 on the weekly chart. Bullish short-term targets above EMA include $11.93 and then $18.62. A welcome rebound for decentralized finance (DeFi) tokens saw Uniswap price gain 12% in the past 24 hours as bulls reached a [...]The post Uniswap price forecast as UNI hits 1-month high above $7 appeared first on CoinJournal.