DeFi Oracle RedStone Launches AVS Testnet on EigenLayer
RedStone's AVS Testnet Launch: DeFi oracle provider RedStone has launched its AVS testnet on EigenLayer, marking the first use of EigenLayer’s restaking technology to enhance security for oracles by adjusting collateral based on market conditions.
EigenLayer Developments: This launch follows the recent debut of EigenLayer's cryptocurrency EIGEN on major exchanges and highlights the platform's significant presence in the restaking ecosystem, despite facing a recent hacking incident on its official social media account.
Get Real-Time Alerts for Any Crypto Movement
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 stock.
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 | 1.429 | 2.137 | 2.891 | 3.599 | 4.353 | 5.061 | 5.815 |
| Fibonacci | 2.137 | 2.696 | 3.041 | 3.599 | 4.158 | 4.503 | 5.061 |
About UNI
About the author
