Uniswap (UNI) price is in a downtrend as it has fallen below the moving averages. The altcoin fell to a low of $8.89 on April 11. Buyers could not sustain the bullish momentum above the moving averages, hence the downtrend.
The best performing altcoins are all in bullish momentum as they recover from oversold regions. As bulls buy the dips, the altcoins are attracting buying pressure on the downside of the charts. The uptrend will continue as the altcoins break through their respective current resistance levels.