Is It Too Late to Buy UNI? Uniswap Price Prediction

Uniswap is back on traders' radar after a strong bounce from its recent lows. The token was stuck below $5 for most of April

Uniswap (CRYPTO: UNI) price is up 8% in 24 hours and shows no signs of slowing down. The token is now trading at $7.51 at the time of writing. It recently pulled back from a high of $7.95 after a rapid ascent from lows of $4.93 that were hit on April 27.

What Happened?

Uniswap price is heating up again after a slight pullback from recent highs. The token is still in a strong uptrend from its March lows, and it recently broke out of a key resistance level.

The price chart shows a clear breakout from a long downtrend that spanned from January through early May. During that decline, UNI lost more than 65% of its value from highs of over $16 to lows of under $5.

But the recent move changed the structure with a strong leg up that formed a higher high.

Price is now pulling back and testing the $6.50-$7.00 zone, which previously acted as resistance and could now flip into support.

If this area holds, bulls could target the 200-day simple moving average (SMA), currently at $9.59. That level could act as the next key resistance, followed by the psychological barrier at $10.

On the downside, a break below $6.50 might expose Uniswap to a retest of the $6.00 or even $5.70 region. The token’s base remains intact between $4.30 and $4.90, where buyers previously stepped in.

What Next For UNI Price?

Technical indicators suggest strong short-term momentum, although there are also signs that UNI may need to cool off.

The MACD remains above the signal line, indicating bullish pressure is still present. The Rate of Change confirms a strong uptrend, while the Bull/Bear Power reflects buying interest.

However, the Commodity Channel Index (CCI) above 200 suggests UNI price may be temporarily overextended, and some short-term consolidation or pullback wouldn’t be surprising.

If UNI can hold above the $6.70 level and regain strength above $7.50, the next logical target is the $9.00-$9.50 range, which aligns with the 200-day moving average.

A sustained move above that could open the door to $10 and beyond.

On the flip side, a break below $6.50 could shift momentum back in favor of the bears. In that case, traders may look toward the $6.00 zone or the mid-$5 range for the next possible rebound.