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UNI, ADA and LTC Price Analysis for March 4

Thu, 03/04/2021 - 15:20
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Denys Serhiichuk
Can altcoins keep rising faster than Bitcoin (BTC)?
UNI, ADA and LTC Price Analysis for March 4
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A short-term drop may have begun on the cryptocurrency market as all coins from the top 10 list are in the red zone.

Top 10 coins by CoinMarketCap
Top 10 coins by CoinMarketCap

The important statistics for Uniswap (UNI), Cardano (ADA) and Litecoin (LTC):



Market Cap


Volume (24h)

Change (24h)



$9,067,742,728 $28.93 $1,364,192,658 7.23%



$36,946,611,342 $1.14 $5,498,613,366 -8.76%



$12,312,385,465 $184.51 $5,708,464,692 -5.37%


Uniswap (UNI) is the only gainer today as the rate of the altcoin has risen by 7.23% since yesterday.

UNI/USD chart by TradingView
UNI/USD chart by TradingView

According to the daily chart, Uniswap (UNI) is about to retest the peak at $33 as bulls have accumulated enough power.


If bears do not keep that level, there are quite high chances to see a breakout, followed by a rise to $35.

UNI is trading at $28.84 at press time.


Cardano (ADA) is the main loser today as the rate of the third most popular crypto has declined by almost 9%.

ADA/USD chart by TradingView
ADA/USD chart by TradingView

Despite the price drop, Cardano (ADA) is rather more bullish than bearish in the short-term case. The coin has made a false breakout at the level of $1.118 having confirmed the weakness of sellers. In this regard, the asset may come back to the resistance at $1.33 within the next few days.

Cardano is trading at $1.17 at press time.


Litecoin (LTC) is the second loser today as the "digital silver" could not come back to the bullish area.

LTC/USD chart by TradingView
LTC/USD chart by TradingView

However, bulls' long-term dominance has not been broken yet, which means that buyers still have the strength to make a retest of the closest resistance level at $203.

Litecoin is trading at $185 at press time.

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About the author

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at