Uniswap (UNI) Price Prediction: After Spending Much of May in a Tight Consolidation Range, the Price Today Has Surged More Than 30%

The weekly chart shows Uniswap decisively reclaiming the $7.86 level, which corresponds with the 0.786 Fibonacci retracement

After spending much of May in a tight consolidation range, the Uniswap price today has surged more than 30% in early June to trade around $8.40, marking a key breakout from its multi-month resistance.

The bullish impulse has propelled UNI through several technical levels, including historical trendline resistance and psychological supply zones. But with indicators flashing early signs of cooldown, the question is whether bulls can sustain the breakout through the second half of June.

What’s Happening With Uniswap’s Price?

The weekly chart shows Uniswap decisively reclaiming the $7.86 level, which corresponds with the 0.786 Fibonacci retracement from its 2023–2024 rally. With price now pushing toward $8.70, the next major Fib level lies at $10.34 (0.618), followed by $12.08 at the midpoint retracement.

The daily chart confirms a powerful reversal from the long-standing downtrend, as UNI exploded through a descending trendline and flipped multiple resistance bands into support. The most recent Uniswap price spikes pushed past the $8.00 and $8.30 zones, now acting as an immediate demand base.

This upward breakout also aligns with trendline acceleration seen on the 4-hour structure chart, where the price surged from the $6.50 zone after multiple false breakouts, finally securing a clean close above the upper consolidation band.

Indicators Show Bullish Momentum But Caution Ahead

On the 4-hour chart, UNI remains well above its 20/50/100/200 EMA cluster, with the 20 EMA now providing immediate support at $7.33. Bollinger Bands are expanding significantly, indicating strong Uniswap price volatility, though current candles show upper wick rejection near $8.75, hinting at exhaustion.

The RSI on the 30-minute and 4-hour charts hovers between 58 and 65, suggesting moderately strong momentum, but not yet in overbought territory. The MACD, however, is starting to narrow on the 30-minute timeframe, with the histogram showing fading momentum and the MACD line slightly converging with the signal line. This implies that although the broader trend remains bullish, short-term consolidation is likely before any new leg up.

On the Ichimoku cloud, UNI is comfortably above the Kumo, with all Ichimoku components aligned bullishly. However, the Tenkan-Sen and Kijun-Sen are beginning to flatten, reinforcing the narrative of a short-term pause or minor correction.

The Stochastic RSI is also showing a bounce from the 20–25 level, with a current reading of 65.85. This suggests a potential reacceleration of momentum if price holds above key intraday supports.

Why Is the Uniswap Price Going Up Today? Major Trendline Break and Demand Zone Reclaim

The surge in UNI this month is primarily driven by a breakout above a long-term descending resistance, combined with sustained volume and clean support retests around $6.50 and $7.00. This has re-ignited bullish sentiment in the DeFi token space, particularly for Uniswap, which had underperformed over the past quarter.

The breakout was confirmed on the 4-hour chart with a sequence of higher lows and higher highs, culminating in the explosive move above $7.80. The 30-minute structure also displays a consolidation just below $8.65, forming a potential bull flag, which, if resolved higher, could set a target toward $9.20 and beyond.

The weekly Fibonacci chart further reinforces the bullish setup, with UNI now trading above the 0.786 zone and preparing to test higher retracement levels. Given the velocity of the breakout, a pullback retest to $8.00 would not invalidate the bullish case but rather strengthen it by establishing new support.

Uniswap Price Forecast for June 2025

Looking ahead, the Uniswap price update suggests a bullish short-to-medium term outlook as long as UNI holds above $8.00. If the current consolidation resolves upward, targets include $9.20, followed by $10.34 — the key 0.618 weekly Fibonacci level. Beyond that, $12.08 stands out as the broader retracement target for the month.

However, if bears regain control and push UNI below $8.00, we could see a retest of the $7.30–$7.50 region, where the 20 and 50 EMAs converge. A break below that would threaten the breakout structure and expose price to a deeper drop toward $6.57.

With volatility rising and indicators still leaning bullish, traders should watch