The Uniswap price in 2030 is showing early signs of stabilisation after several days of choppy movement. However, the broader outlook remains cautious as momentum indicators lag and derivatives participation remains muted.
Despite a modest intraday gain, the market structure suggests hesitation as traders await a more decisive trigger to define direction.
Price Slows Its Decline but Struggles to Build Trend Strength
The hourly chart shows that UNI/USD has been stuck in a slow, grinding downtrend for several sessions, marked by a pattern of lower highs and intermittent sharp drops. After the steep selloff around the 21st, the price settled into a narrow consolidation band in the low–$6 region. While occasional recovery spikes occurred, none gained sustainable follow-through, leaving the market in a sideways-to-soft-bearish structure.
Source: Open Interest
The most recent price action shows the crypto is trading near $6.21, where the candles have become tighter, and volatility has compressed. This signals fading momentum from both sides, as neither bulls nor bears appear willing to commit to stronger moves. The flat structure that developed between the 24th and 27th reflects a market pausing after heavy downside pressure earlier in the month.
Open Interest Flattening Suggests Weak Trader Commitment
The open interest (OI) data reinforces this tone of hesitation. Aggregated OI has trended sharply downward from earlier in the period and now sits around 200 million, where it has stabilised but not recovered. Even during brief price upticks, OI did not rise, indicating that these moves were not supported by new long positions entering the market.
When price stabilises, but OI remains flat, it typically suggests that traders are staying on the sidelines, waiting for clearer conditions before establishing directional bets. The earlier collapse in OI, which occurred alongside the price drop, points to position closures and liquidations—classic signs of risk reduction after volatility spikes. The current flat levels show that participation remains muted, keeping the token vulnerable to fast moves if volatility returns.
Price Up 1.24% but Remains Far Below Quarterly Highs
According to BraveNewCoin, Uniswap is trading around $6.24, up 1.24% over the past 24 hours. The market cap stands at $3.93 billion, while daily trading volume is $363.9 million. Available supply remains at 629.9 million tokens, placing the token firmly within the top 50 digital assets.
Despite the positive daily change, the coin remains well below its October peak and significantly distanced from its yearly high above $12. The modest rebound reflects broader market stabilisation but does not yet signal a meaningful shift in trend.
Technical Indicators Show Weak Momentum and Lack of Bullish Confirmation
TradingView’s daily chart paints a cautious technical picture. UNI trades near $6.21, positioned well under previous support levels and moving within a downward structure since mid-November.
Source: TradingView
The MACD reading remains negative, with the MACD line at –0.119 and the signal line at –0.009, while the histogram stays red. This configuration indicates persistent bearish momentum without any imminent crossover that could suggest reversal strength.
The Chaikin Money Flow (CMF) remains deeply negative at –0.38, signalling continued capital outflows from the asset. This points to weak accumulation and limited buying pressure, reinforcing the idea that the recent stabilisation lacks strong bullish backing.