Uniswap (UNI) has displayed a significant shift in momentum across key technical charts, fueling growing expectations of a major rally.
With recent breakout signals forming above historical resistance zones and market capitalization on an upward trajectory, short-term sentiment around UNI appears increasingly constructive.
Analyst signals from X show bullish continuation patterns that suggest Uniswap could be on the verge of a repricing phase. At the time of reporting, price activity is consolidating above previous resistance, laying the groundwork for a potentially expansive move.
Analyst Chart Predicts Targets Above $14 Following Bullish Breakout
The 1-hour chart shared by Crypto | #1 Free Signals (@best_analysts) outlines a strong bullish setup for UNI/USDT, with a confirmed breakout above $9.732 now transitioning into a price expansion phase. This breakout was validated by sustained bullish candles accompanied by increasing volume, while the presence of a Golden Cross indicates a reversal into a long-term uptrend.
The price has already climbed past $10.16, testing resistance at $10.964 before a modest rejection led to a brief pullback. However, the underlying structure remains intact, maintaining a bullish stance in the short term.
Source: X
Projected targets outlined in the chart include $14.72 and $17.70, both aligning with historical resistance levels from previous market cycles. An ascending parallel channel pattern appears to be forming, suggesting continued upward pressure as long as the trendline is respected. Supporting this outlook is the RSI, which remains in a favorable zone without nearing overbought territory.
Additionally, the lower segment of the chart shows market cap momentum targeting $18.08 billion, reinforcing the potential for upward continuation. Should the price hold above the key $9.732 level, near-term pullbacks may find support around $9.035 before any larger reversal is considered.
Market Data Shows Stable Uptrend With Buyer Control
Data from BraveNewCoin over the last 24 hours shows Uniswap recovering from a mid-session dip to close the day at $10.33, reflecting a 3.44% intraday gain. After briefly pushing above $10.30 in the early hours, the price retraced to the $10.00 mark before buyers regained control.
The second half of the session saw a sequence of higher lows that culminated in a final push above short-term resistance. This recovery pattern highlights renewed buyer confidence, with momentum building as volume gradually increased in the latter part of the session.
Source: BraveNewCoin
Session trading volume totaled $490.69 million, relatively moderate but sufficient to support the recent breakout structure. Uniswap’s market capitalization is currently $6.19 billion, placing it at rank 32 in the overall crypto market.
With over 600 million UNI tokens circulating, the ecosystem maintains a strong liquidity profile. Price stability above the $10.00 region has opened the possibility of testing $10.80 to $11.20 in upcoming sessions, contingent on broader market sentiment and continued buyer activity.
At the Time of Writing: Bollinger Bands Highlight Expanding Volatility
At the time of writing, Uniswap is trading near the upper boundary of its daily Bollinger Bands, signaling increased volatility and directional momentum. The baseline, representing the 20-day moving average, is positioned well below the current price, affirming the strength of the recent uptrend.
The slope of the bands is widening, which typically precedes more volatile movements and sustained trends. Bollinger Band Power (BBPower) readings indicate that buying pressure remains dominant, with the histogram remaining positive over multiple sessions.
Source: TradingView
If UNI maintains its position above the Basis line, the probability of extending the rally toward the $11.50–$12.00 region remains intact. On the downside, support is seen near the lower band around $9.80, where price consolidation previously occurred.
The continued upward movement of both the upper band and BBPower suggests that Uniswap’s bullish trend is likely to persist, provided volume remains supportive and broader market conditions do not shift toward risk aversion.
Source: https://bravenewcoin.com/insights/uniswap-price-prediction-hints-at-major-rally-with-market-cap-surge