Uniswap (UNI) is trading at approximately $10.24, down about 1.9% intraday. July ended with UNI testing key resistance levels, following a powerful rally driven by increased trading volume, whale accumulation, and strong protocol momentum.
In this article, we will look at uniswap next target and latest news.
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Uniswap Next Target
- Current Price: $10.24
- 24h Change: −1.92%
- Intraday Range: $10.03 – $10.63
- Estimated Market Cap: ~$6.1 billion
- Daily Trading Volume: ~25% higher than average
- Circulating Supply: ~600 million UNI
Price is in an Uptrend. it broke out of Channel Up pattern, above $10 resistance, and could revisit $12.50 next for +25% upside potential. Stop Loss at $9.50.
Technical & Momentum Highlights
- July Surge: UNI gained ~60% during July, rallying from the $6–$7 range toward $11 resistance.
- TVL & Volume Milestones:
- Total Value Locked (TVL) in Uniswap v4 crossed $1.03 billion.
- Cumulative swap volume exceeded $110 billion.
- Whale Activity: Significant withdrawals from exchanges (~5 million UNI tokens) sparked bullish sentiment.
- Chart Patterns: Breakout above $9.00–$9.20 indicates potential upside toward $12–$14.
- Open Interest & Volume: Open interest rose ~4.8%, with daily volume surging ~25%.
Key UNI Developments
- Protocol Growth: Uniswap v4 continues to expand, reflecting increased DeFi usage.
- Institutional Integration: Trading API integration with institutional platforms enhances liquidity access.
- Strong Momentum: Despite past volatility, UNI shows signs of a sustained uptrend within a bullish chart structure.
Summary & Outlook
- Bull Case: A breakout above $11.30 could push UNI toward $12–$14.
- Bear Case: If UNI drops below $10.00, support lies near $9.00–$9.50.
- Key Triggers to Monitor:
- Protocol volume and TVL
- On-chain accumulation
- Broader DeFi and ETH ecosystem strength
👉 Short-Term Outlook: Bullish to Neutral
📉 Risk Level: Moderate (near resistance)
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