
Uniswap (UNI) Price Surges Over 10% Following Unichain Launch, But Caution Urged Amid Overbought Conditions
Uniswap (UNI) saw its price jump over 10% after Uniswap Labs announced the launch of its Layer-2 solution, Unichain. This surge has pushed the Relative Strength Index (RSI) into overbought territory, indicating strong buying activity.
However, this rapid increase has raised some caution in the market. When an asset is