Ethereum, IOTA, Uniswap Price Analysis: 03 September

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Contrasting price movements were seen by altcoins such as Ethereum, IOTA, and Uniswap. For instance, the likes of Ethereum and IOTA recorded gains. Ethereum went up by 1.7% and revisited a multi-month high. IOTA was one of the biggest gainers after climbing by 30% on the charts.

Uniswap, on the other hand, lost 2.7% of its value and traded closer to its $28.26 support level.

Ethereum [ETH]

ETH/USD ^[1], TradingView

Ethereum reclaimed its multi-month high as it was trading at $3967.63. Over the last 24 hours, ETH has gained by about 1.7%. The overhead resistance lay at $4033.45. Ethereum ^[2] had last hovered around this price level on 14 May. Technicals indicated bullishness.

Ethereum continued being overbought for the past 72 hours. The Relative Strength Index was parked above the 75-mark. MACD also displayed green histograms and was last around the same level almost four weeks ago. Awesome Oscillator displayed green signal bars after a series of trades in the red.

A fall from the press time price level would drag ETH to trade near $3387.05 and then on $3016.36. Ethereum was last trading around the latter price line around two weeks ago.

IOTA

IOTA/USD ^[3], TradingView

IOTA ^[4] rallied by almost 30% over the last 24 hours and was trading at 1.56. It revisited this price level after

Ethereum, IOTA, Uniswap Price Analysis: 03 September

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