Uquid Coin (UQC) UQC, an ERC20 token, is at the forefront of Ethereum's technological advancements and plays a pivotal role in enhancing the UQUID Ecosystem. This digital asset is designed to revolutionize the market by providing token holders with the convenience of quick and seamless liquidation.
From a technical standpoint, UQC crypto has dipped below the pivotal 50-day and 200-day moving averages, signaling a bearish trend. Currently, the price is hovering near an annual support of $5 level and struggling to gain ground.
Now, if the bulls fail to defend the recent support of $5, the price may decline towards the next support zone of $4.3. On the contrary if the price rebounds higher, $6.5 and $8 level may act as a hurdle and try to prevent the price from rising.
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