Top Ethereum dApps Generate $ 2.3 B+ in Volume — These 4 Active Users Jump 40% Month-over-Month
Ethereum dApps Growth: Ethereum-based decentralized applications (dApps) achieved over $2.3 billion in volume in June, driven by increased trading activity and user engagement, particularly on platforms like Uniswap, MakerDAO, Balancer, CoW Protocol, and Pendle.
Key Protocol Highlights: Uniswap maintained its dominance in liquidity and user retention, MakerDAO focused on governance stability, Balancer attracted institutional interest with automated portfolio rebalancing, CoW Protocol offered slippage-free trading, and Pendle innovated yield trading to appeal to users seeking predictable returns.
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Technical Analysis for UNI
Technical Sentiment Analysis for Uniswap (UNI) As of , Uniswap (UNI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 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 | 1.436 | 2.141 | 2.898 | 3.603 | 4.36 | 5.065 | 5.822 |
| Fibonacci | 2.141 | 2.699 | 3.044 | 3.603 | 4.161 | 4.506 | 5.065 |
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