Uniswap (UNI) is trading around $8.81, marking a 1.2% dip from yesterday’s close. The token remains 8–10% above price levels seen a week ago, reflecting a stint of modest consolidation after a period of strong gains.
In this article, we will look at Uniswap next target and latest tehnical indicators and latest news.
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Uniswap Crypto Next Target
- Current Price: $8.81
- 24h Price Change: −1.23%
- 24h Range: $8.70 – $9.31
- Market Cap: ~$5.6 billion
- 24h Trading Volume: ≈ $980 million
- Circulating Supply: ~600 million UNI
There are signs of bullish trend reversal: price broke out of Falling Wedge pattern, making a Higher Low and Higher High (above prior swing high). Price is trading in a Channel Down pattern, broke above 200 SMA to signal resumption of Uptrend and could swing to $10.00 next.
Key Technical Indicators
- Performance: UNI is ~10% up from a week ago and ~21% up since late June.
- Whale Activity: A 2.78 million UNI withdrawal (~$25M) to non-exchange addresses signals accumulation and supply reduction.
- On-Chain Volume & Liquidity: Swaps across the network exceed 1.2 billion transactions, and the 30‑day swap volume is near $73 billion—indicating strong protocol usage.
- Network Metrics: On July 9, ~72.95 billion UNI ‘age‑consumed’ tokens moved—a record, hinting at big-holder engagement.
- Support & Resistance: Immediate support lies at $8.50, with next support around $8.00. Upside resistance sits near $9.30–$9.50, and a sustained climb toward $10.00 is possible.
Latest UNI News & Developments
- Executive Departure: Uniswap Labs President & COO Mary‑Catherine Lader stepped down after four years—her leadership helped expand Uniswap’s cross-chain DeFi presence.
- Cross‑Chain Expansion: UNI v4 is integrating with Polkadot via Hyperbridge, enabling DOT token swaps and deepening interoperability.
Summary & Outlook
Uniswap has quietly built a strong base since late June, backed by whale accumulation, record on‑chain movement, and robust trading activity. Technical setup remains bullish as long as $8.50 holds.
- Bull Case: Breaking $9.30–$9.50 could pave the way to $10.00+, driven by rising volume and platform usage.
- Risk Case: Falling below $8.50 may test the $8.00 support zone and lead to further consolidation.
👉 Short-Term Outlook: Cautiously Bullish
📉 Risk Level: Moderate – healthy activity but watch consolidation range.
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