1 week Ago
At the US election, pro-crypto candidates sparked renewed interest across the digital asset market. This will most likely lead to regulatory shifts, so investors are keeping a close watch on assets like Binance Coin (BNB) and Uniswap (UNI). Both assets could benefit from a more supportive environment, positioning them as key tokens to track in the evolving aftermath of the US election.
Uniswap Price Climbs The Uniswap price recently saw a notable boost, gaining over 30% in a day to reach $9.30. This climb broke through a major resistance level that held for 245 days, fueling speculation that Uniswap might be entering a longer-term bullish trend.
The Uniswap price movement reflects growing confidence in the market, especially as Uniswap’s platform maintains steady user engagement. This recent activity has not only heightened attention from analysts but also reflects a broader trend influenced by the US election outcome. The Uniswap price rise has also been linked to the token breaking out of a descending parallel channel—a technical indicator that suggests potential for further gains.
As the US election results settle in, Uniswap may continue to experience positive momentum, solidifying its position in the market. Is Binance Coin Poised for Growth? Binance Coin (BNB) has also shown resilience, with recent chart patterns suggesting the potential for continued growth. BNB recently completed a “cup and handle” formation, a bullish signal that’s often associated with an upward trend.
On BNB’s weekly chart, this formation indicates the possibility of testing levels above $700 if the asset breaks through key resistance points. Analysts are keeping an eye on these technical signals, especially as BNB gains traction in the post-US election landscape. In addition to technical factors, Binance Coin’s ongoing token burn has further bolstered its price outlook.
Recently, 1.77 million tokens were removed from circulation. This adds a layer of scarcity that investors find appealing.
The trading volume on Binance’s DEX increased, and some analysts believe BNB’s bullish flag formation could lead to a breakout toward the $1,200 range. Election Results Lift Crypto Market, Set Stage for a Potential Bull Run The outcome of the US election has turned market sentiment increasingly positive, creating a ripple effect across various digital assets. Bitcoin has pushed to a new all-time high, bolstering optimism for altcoins like Binance Coin and Uniswap.
The market already sees increased trading volume as both institutional and retail investors position themselves ahead of anticipated policy changes. A regulatory framework that supports innovation could enable steady growth for assets like Binance Coin and Uniswap, laying the groundwork for a promising bull run. What’s Next for Uniswap Price and Binance Coin? As the crypto market adapts to the US election landscape, Uniswap price and Binance Coin movements will be closely monitored.
For Uniswap, the next resistance level lies just above $10, a price it hasn’t reached in months. Meanwhile, Binance Coin’s key threshold sits around $650, and breaking through this level could set the token on a path to new highs. Lunex Network: A High-Yield Opportunity For those looking to diversify, Lunex Network’s presale has already raised over $2.
1M, with tokens priced at $0.002 each. The Lunex platform offers an appealing 18% APY on staking, positioning it as an attractive option for passive income within the crypto market’s growing ecosystem.
You can find more information about Lunex Network (LNEX) here: Website: https://lunexnetwork.com Socials: https://linktr.ee/lunexnetwork Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance.
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