Chart analysis for MANA & UNI tokens show bullish upward trends. Both continue positive technical signals, but may hit some headwinds as the geo-political climate is continuing.
Citizens in Ukraine are purchasing more of the leading cryptocurrency than ever before to protect their asset holdings as the country continues to defend itself from the Russian military invasion. A new report by Arcane Research found that Ukrainians were using leading crypto exchange Binance to purchase Bitcoin and stablecoin Tether with their local currency, the hryvnia.
Uni Shows Strong Growth
Uniswap price has outperformed nearly every primary cryptocurrency over the past week. From February 24, 2022, to today, UNI rose nearly 44%, from $7.54 to $10.83. Bulls were able to rally UNI above the Kijun-Sen, but global concerns regarding Russia and commodity markets may cause Uniswap to give back some of those gains.
MANA Momentum Helps Bullish Sentiment
Decentraland price closed Monday with an 11% gain, completing the strongest daily candlestick close since January 31, 2022. Buyers hoped that the momentum would convert into a significant bullish breakout above the Ichimoku Cloud, but MANA has ultimately been hit by the same uncertainty that affected other risk-on assets.
Momentum dictates high percentage returns as MANA price prediction sits at $4.10. The Metaverse token is still garnering lots of attention in the crypto world. MANA and alternative tokens are very attractive right now. Look at their charts at Binance.us.