Cryptocurrency Market Updates: Uniswap Gains Momentum, Zcash Faces Resistance

The digital coin market is currently in a period of relative calm, but this has not stopped investors from searching for assets with potential for growth. One such asset is Uniswap (UNI), which is trading near $3.50.

According to current data, UNI may slowly climb towards $3.64 before potentially breaking through the next major resistance level at $4.15. A strong break above this mark could push the price closer to $5.00 by the end of April.

However, there are risks involved in trading UNI. The primary floor remains at $3.39, and falling below it could send the price down towards $3.20 or lower.

In contrast, Zcash (ZEC) has been unable to break through the $230 resistance level, with repeated failures indicating a loss of buying power. If this trend continues, ZEC may fall towards its next major floor near $166.

The global cryptocurrency market is experiencing pressure from rising oil costs and political tensions, which could further impact prices.