Uniswap (UNI) Price Analysis: Bullish Momentum Continues as UNI Eyes Key Resistance Levels

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Uniswap (UNI) Price Analysis: Key Insights for July 10, 2025

Uniswap (UNI), one of the leading decentralized exchange tokens, has experienced a notable rally in the past 24 hours, climbing 6.46% to $8.29. This surge has strengthened the bullish sentiment surrounding UNI, with technical indicators pointing to further upside potential.

In this article, we’ll dive into the latest news, analyze current technical data, and provide actionable trading recommendations for UNI enthusiasts and investors.

Recent News: Uniswap in the Spotlight

Uniswap has recently made headlines due to its growing adoption in the decentralized finance (DeFi) space. Key developments from the past 7 days include:

• Launch of Uniswap V4 Testnet: The upcoming Uniswap V4 introduces “hooks,” enabling developers to customize liquidity pools and optimize trading strategies. This innovation has sparked community excitement and increased trading activity.
• Strong Whale Accumulation: On-chain data reveals that whales have been accumulating UNI over the last week, signaling confidence in its long-term prospects. Wallets holding over 10,000 UNI have increased by 3% during this period.
• DeFi Market Recovery: UNI has benefited from broader recovery in the DeFi market, as total value locked (TVL) across protocols rose by 4.8% in the past week.

These developments, coupled with improved market sentiment, have positioned UNI as a key player in the current DeFi rally.

Technical Analysis: UNI’s Bullish Momentum

Let’s break down the technical indicators to assess UNI’s current price action and future potential.

Price Overview

• Current Price: $8.29
• 24h Change: +6.46%
• 24h High/Low: $8.49 / $7.78
• 24h Volume: $120,477,850

UNI is trading above major short-term moving averages, reinforcing the bullish trend.

Moving Averages

• SMA (7): $7.62 (Bullish crossover)
• SMA (20): $7.18 (Strong bullish signal)
• SMA (50): $6.95
• SMA (200): $8.18
• EMA (12): $7.56
• EMA (26): $7.29

The short-term SMAs and EMAs are above the longer-term averages, confirming upward momentum. UNI is also trading higher than the SMA_200 ($8.18), a key bullish signal.

Momentum Indicators

• RSI (14): 62.77 (Bullish, but nearing overbought territory)
• MACD: 0.2711 (Above Signal: 0.1596, bullish divergence)
• Stochastic %K: 90.27 (Overbought, potential consolidation ahead)

The RSI suggests UNI has room to grow but may face resistance soon. The MACD’s bullish crossover and Stochastic’s high reading indicate strong momentum but hint at potential short-term cooling.

Bollinger Bands

• Upper Band: $8.20
• Middle Band: $7.18
• Lower Band: $6.16
• %B: 1.0449

UNI is trading slightly above the upper Bollinger Band, suggesting overextension. This often precedes a period of consolidation or minor pullback.

Key Levels to Watch

• Resistance 2: $8.68
• Resistance 1: $8.49
• Pivot: $8.19
• Support 1: $5.92
• Support 2: $5.79

UNI is approaching major resistance at $8.49 and $8.68. A breakout above these levels could pave the way for further gains toward $9.00.

Trading Recommendations

Based on the current analysis, here are actionable trading insights for UNI:

Short-Term Strategy

• Buy on Breakout: Enter a long position if UNI breaks above $8.68 with strong volume. Target $9.00-$9.50.
• Scalp Trading Opportunity: If UNI consolidates near $8.20-$8.30, consider buying dips and selling near $8.49 resistance.

Medium-Term Strategy

• Accumulate on Pullbacks: If UNI retraces to $7.78-$8.00, this zone offers a good risk/reward entry for swing traders.

Risk Management

• Stop-Loss: Place stop-loss orders at $7.50 to safeguard against unexpected downside.
• Take-Profit Levels: Set partial take-profits at $8.49 and $8.68.

Cautionary Notes

• The RSI and Stochastic indicators suggest UNI is nearing overbought levels. Traders should monitor for signs of consolidation or minor pullbacks before entering aggressive long positions.
• Keep an eye on market-wide sentiment and macroeconomic events, as these can impact UNI’s trajectory.

Conclusion

Uniswap (UNI) is currently in a bullish phase, supported by strong technical indicators and positive news developments. While short-term resistance levels may trigger some consolidation, a breakout above $8.68 could propel UNI toward $9.00 and beyond.

For traders, this is an opportune moment to capitalize on UNI’s momentum while remaining vigilant of key resistance levels and potential overbought signals.

Stay tuned for further updates as the crypto market evolves!

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