Uniswap Eyes $10 Breakout as Bullish Momentum Returns

Uniswap Price Prediction explores the recent breakout in the coin as the decentralized exchange token shows renewed technical strength after weeks of consolidation.

The token’s rebound from sub-$6levels has prompted traders to reassess short-term targets, with early chart signals pointing toward potential continuation if confirmation follows.

Analysts Predict UNI Could Reach $10 Soon

Crypto trader @DonaldsTrades shared a bullish projection on X, stating that “$UNI 10 BUCKS soon”, reflecting renewed optimism around the coin’s mid-term trend reversal. Technical patterns appear to support this outlook. The coin recently broke above a descending resistance line on the daily chart and reclaimed its short-term moving average.

Source: X

The MACD indicator has flipped into positive territory, while expanding Bollinger Bands suggest increasing volatility aligned with upward price pressure. If momentum sustains, the next Fibonacci resistance sits near $7.59, followed by $8.48, with a broader target zone between $9.30 and $10.00.

Market Data Confirms Rebound in Market Performance

On the other hand, the coin market has staged a strong recovery over the past 24 hours, climbing 17.31% to trade at $6.98, according to data from BraveNewCoin. The move marks a decisive shift in momentum for the decentralized exchange token, which had been consolidating under $6.50 for most of the past month.

Source: BraveNewCoin

With a market capitalization of $4.38 billion and 24-hour trading volume surpassing $552 million, the token is once again commanding significant attention within the DeFi sector.

The sharp increase in daily performance aligns with growing market engagement, hinting at rising spot demand. Liquidity conditions remain strong, suggesting that institutional and retail participants are re-entering positions after months of relative stagnation.

Volume Expansion Confirms Growing Market Interest

Market analyst @Sōka_Data echoed the bullish sentiment, noting that the asset has seen increasing trading volume over the past three months, a trend often associated with early-stage accumulation. “Chart looks good, and it has seen increased volumes similar to the pattern we saw before $ASTER took off,” they commented.

Source: X

This rising activity supports the argument that institutional and retail traders are positioning ahead of a potential continuation rally. The 200-day moving average near $6.40 now acts as strong dynamic support, while holding above $6.80 could confirm the breakout structure.

Market Outlook

With volume expanding and multiple technical indicators turning positive, Uniswap appears poised for a sustained upside phase. A daily close above $7.20 could confirm the start of a broader recovery toward the $10 psychological mark, while failure to hold support at $6.40 would likely trigger a short-term retracement. Overall, sentiment across on-chain and technical metrics suggests that the crypto’s bullish breakout potential is gaining strength as the DeFi market regains traction.