Uniswap Price Prediction: UNI Eyes $9 After Breaking Above Bollinger Band

Uniswap (UNI) has shown signs of renewed momentum after climbing above a key technical threshold.

The token has moved past the upper Bollinger Band, a move often associated with short-term overbought signals, yet potentially opening the path toward higher resistance zones. With rising volume and open interest supporting the breakout, UNI now trades near a pivotal range that may determine its next direction.

UNI Strengthens Above $8.40 as Volume Confirms Breakout

The 24-hour chart for UNI/USDT from BraveNewCoin indicates a steady gain of 1.66%, with the price currently sitting at $8.47. After opening near $8.20, the token briefly tested levels just above $8.00 before regaining upward momentum during the latter part of the day.

It peaked near $8.55, reflecting strong buying interest and healthy intraday structure. The rebound from afternoon lows highlights market participants defending short-term support levels.

Source: BraveNewCoin

Volume for the session rose to $688.98 million, peaking as UNI reclaimed the $8.40 zone. This uptick in volume validates the bullish price move and signals genuine demand beyond speculative activity. With a market capitalization of $5.08 billion, Uniswap now ranks #36 among digital assets by size.

The increasing volume-to-market-cap ratio points to rising engagement, especially as UNI maintains its position above the key $8.00 psychological level. For the bullish trend to continue, the token must hold above the $8.30–$8.40 range and attract sustained interest.

MACD and Bollinger Band Break Signal Short-Term Momentum

According to data from TradingView, the daily chart for UNI/USDT shows the token trading at $8.44, slightly above the upper Bollinger Band at $8.427. This breakout follows a prolonged consolidation phase between $6.90 and $8.00 and marks the highest price level in recent weeks.

The breakout has caused the Bollinger Bands to expand, signaling increased volatility and momentum. The mid-band, which is also the 20-day simple moving average, is currently positioned at $7.291 and acts as dynamic support.

Source: TradingView

The MACD indicator reinforces the bullish momentum. The MACD line is now at 0.332, above the signal line at 0.196, while the histogram has turned green at 0.135. This setup indicates that momentum is currently on the upside, and if sustained, UNI could advance toward the $9.10–$9.50 resistance zone.

However, a failure to hold above $8.20 might suggest short-term exhaustion, potentially leading to a pullback to the $7.30–$7.50 range. For now, the breakout structure remains technically valid.

One-Hour Chart Shows Rising Open Interest Amid Uptrend

The 1-hour UNI/USDT chart shows that a bullish trend began on July 6, lifting UNI from below $7.00 to a local high near $8.60. The chart reveals a sequence of higher highs and higher lows, indicating strong short-term bullish momentum. Price action has started to contract slightly around the $8.45–$8.60 area, suggesting early signs of resistance or consolidation.

Source: OpenInterest

Aggregated Open Interest (OI) data confirms increased market participation during this uptrend. OI climbed above 6.1 million contracts in alignment with the rally, reflecting that new capital entered the market.

Though OI has edged down slightly since July 9, levels remain elevated compared to early July. Holding above the $8.20 range with stable or rising OI would support the case for a continuation toward $9.00. A simultaneous drop in both price and OI could indicate weakening sentiment or a short-term top.