Uniswap Protocol Versions 2 and 3 to Activate Fees Following UNIfication Approval
Uniswap Protocol Fee Switch Activation: The Uniswap protocol fee switch is set to activate after a governance proposal received over 62 million votes in favor, surpassing the required threshold, with voting concluding on Christmas Day.
Token Burn and Economic Changes: The proposal includes a significant token burn of 100 million UNI to enhance scarcity and introduces a new Protocol Fee Discount Auctions system aimed at improving returns for liquidity providers.
Market Response and Support: UNI's price increased by approximately 25% during the voting period, reflecting positive market sentiment, while influential industry figures backed the proposal, adding credibility to the changes.
Ongoing Support for Developers: The Uniswap Foundation confirmed that grant programs will continue, with a new Growth Budget planned to distribute 20 million UNI, ensuring ongoing support for builders despite the protocol changes.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for IMX
Technical Sentiment Analysis for Immutable (IMX) As of , Immutable (IMX) 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 IMX 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, IMX 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 $-.
Immutable (IMX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0506 | 0.0898 | 0.13 | 0.169 | 0.209 | 0.248 | 0.289 |
| Fibonacci | 0.0898 | 0.12 | 0.139 | 0.169 | 0.199 | 0.218 | 0.248 |
About IMX
About the author









