Uniswap Price Prediction: Key Technical Levels Hold as Market Volume Surges Near $1B

Uniswap (UNI) remains under active observation by the crypto community following a mild intraday pullback.

Despite a brief price retreat, key technical structures continue to support a broader bullish outlook, buoyed by nearly $1 billion in trading volume and reinforced by indicators on both the 30-minute and daily charts.

Breakout Setup Gains Attention from Analysts

In a recent x-post, Catalyst Traders highlighted a breakout formation earlier this week, pointing to a clean exit from a prolonged consolidation zone. The breakout occurred above the $9.19 resistance, triggering renewed market interest.

The proposed entry area rests around the current market price, with the profit-taking zone projected at $9.514. This range aligns with historical resistance and Fibonacci extension targets, reinforcing the structure’s technical validity.

Source: X

Risk management is a key element of the current setup. The defined stop-loss at $9.110 sits just beneath a former support region, guarding against unexpected retracement. Analysts also emphasize limiting capital exposure to 5%, showcasing a conservative approach amid the broader market volatility.

Candlestick wicks seen during recent dips suggest the presence of underlying demand, giving the bullish case additional traction.

On-Chain Strength and Liquidity Metrics

As of July 17, 2025, Uniswap trades at $8.725, down 1.98% for the day. Despite this, the project holds a strong market capitalization exceeding $5.35 billion, ranking it 35th in the overall cryptocurrency landscape. The 24-hour trading volume remains elevated at approximately $980 million, indicating sustained interest from both retail and institutional market participants.

Source: BraveNewCoin

Uniswap’s circulating supply of 600.4 million UNI tokens supports its liquidity profile, enabling seamless transactions and contributing to its stability. The coin has fluctuated between $8.60 and $9.20 during recent sessions, forming what could be a base pattern. A sustained move above this zone could reinforce bullish momentum if supported by broader market sentiment and technical confirmations.

Source: X

Crypto analyst Crypto Joe also pointed to an inverted head and shoulders pattern on the 30-minute chart, with a projected price target of $8.925. This aligns with other bullish structures, suggesting multiple timeframes are offering convergence in outlook.

Momentum Confirmed by Bollinger Band and BBP Indicators

The daily chart of UNI/USDT on TradingView reveals a tight interaction with the Bollinger Bands. The upper band is positioned at $9.492, the mid-band (20-day SMA) at $7.913, and the lower band at $6.334. The price currently hovers near the upper band, implying elevated bullish momentum while also signaling potential for short-term correction due to overbought conditions.

Source: TradingView

The Bollinger Band Power (BBP) stands at 0.929, confirming strong bullish momentum. This indicator recently flipped into sustained positive territory in June, following a prolonged bearish stretch. The BBP’s continued climb suggests that current price action is supported by solid buying interest rather than speculative moves.

At the time of writing, the technical setup has gained further traction across the X space, where Crypto Joe’s observations reinforce market optimism. His chart, combined with data from Catalyst Traders and market dynamics, illustrates that Uniswap remains technically aligned for a retest of higher resistance levels. Traders are advised to monitor volume and support reactions closely to validate breakout sustainability.