Uniswap Price Prediction Highlights Market Recovery Amid Bullish Momentum

According to recent insights shared by analysts on X and data compiled by Brave New Coin, the token has maintained a constructive structure following a key breakout.

Uniswap (UNI) price prediction is showing early signs of a market rebound, supported by a combination of bullish chart patterns and moderate technical momentum. Over the past 48 hours, price activity has reflected a potential turnaround despite minor retracements.

With the broader crypto market stabilizing, UNI’s recovery narrative is gaining traction, backed by identifiable technical setups.

Bullish Pennant Signals Possible Upside Continuation

In a recent X post, market analyst Crypto Joe (@CryptoJoeReal) identified a bullish pennant and flag pattern forming on the 1-hour UNI/USDT chart. The chart showed a classic consolidation phase within converging trendlines following a prior rally, a structure typically associated with bullish continuation.

After breaking out of this pattern, the price moved toward the $7.40–$7.50 range before encountering short-term resistance. This move suggests market participants are beginning to re-engage following a period of reduced volatility.

Source: X

The pennant’s formation and breakout are further supported by volume dynamics, with buying volume increasing during the breakout phase. Additionally, the 200-period moving average, positioned around $6.94, has served as a critical support level. As long as UNI holds above this region, upward potential remains intact.

Analyst Crypto Joe projects a potential target of $8.477, assuming continued adherence to the current bullish structure. However, if the price falls below the pennant’s trendline, a retest of key support around $6.90 could follow.

Price Trend and On-Chain Metrics Indicate Cautious Optimism

According to Brave New Coin, UNI is currently priced at $7.08, reflecting a 2.16% decline over the past 24 hours. Despite this minor dip, the token maintains a market capitalization of approximately $4.25 billion, positioning it at rank 35 among cryptocurrencies.

Source: Brave New Coin

Trading volume stands at $316.77 million, indicating steady market activity even in the absence of sharp price movement. The overall structure remains constructive, with the price largely consolidating near previous breakout zones.

Supporting the technical outlook, another analyst, @UniChartz, shared a trade setup on the 1-hour chart, recommending a long entry at $7.24 with a stop-loss at $7.03 and a target of $7.87. This setup was based on UNI’s recent move above a key resistance level, which was accompanied by positive momentum.

Source: X

If this level is reclaimed with adequate volume, the short-term upside may extend toward the $7.80 range. Combined with the data from Brave New Coin, these observations reinforce the idea that UNI may be positioning for its next upward leg.

Momentum Indicators Show Buyer Control but Call for Caution

On the other hand, the daily candlestick chart for UNI/USDT on TradingView shows UNI trading at $6.632, a modest 0.64% increase in the most recent session. The current price action suggests mild recovery following recent resistance rejection near $7.00.

The pattern of lower highs over recent days signals consolidation rather than a definitive trend reversal, and price movement continues to hover near a significant support level.

Source: TradingView

Technical indicators offer mixed signals. The Awesome Oscillator (AO) prints a mildly positive value of 0.076, indicating weak bullish momentum that could grow if reinforced by volume. Meanwhile, the Balance of Power (BoP) stands at 0.61, a value that favors buyers.

This suggests that despite modest price fluctuations, the underlying sentiment remains tilted toward accumulation. If price action continues to stabilize above $6.50 with support from buyers, the possibility of retesting resistance between $7.00 and $7.20 remains viable in the near term.