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Cryptocurrency News Articles
Uniswap (UNI) Shows Signs of Recovery, With Some Analysts Forecasting a Potential 30% Surge
Apr 26, 2025 at 12:08 pm
Uniswap (UNI) has been one of the more volatile altcoins in the crypto market over the past year, but it’s currently showing signs of recovery.
Uniswap (UNI) has been one of the more volatile altcoins on the market over the past year, but it’s currently showing signs of recovery. After enduring significant losses year-to-date (YTD), UNI is bouncing back, with some analysts forecasting a potential 30% surge in the coming weeks.
As a leading decentralized exchange (DEX) built on Ethereum, Uniswap’s price has often mirrored Ethereum’s price action, and its recent performance reflects this correlation. UNI surged over 12% in the last seven days, trading around $5.87 as of April 25. This recovery comes after a year of dismal performance, which saw the token’s price plummet by 80% from its all-time high (ATH) of $44.98 in March 2022.
The Current UNI Price Action
UNI’s price action has shown some promising signs of a potential reversal. In the past few days, the price broke out of a descending pattern known as a “falling wedge,” which usually signals bullish momentum when broken to the upside. UNI has consistently closed above a key logarithmic trendline, established earlier this year. This has been a positive development, and the token’s price is now hovering above the critical $5.50 level.
The daily Relative Strength Index (RSI) has risen above the 50 level for the first time in 2025, which is another bullish indicator. The RSI is a momentum indicator that helps assess whether a particular asset is overbought or oversold. When it rises above 50, it indicates increasing bullish momentum.
Furthermore, UNI’s Moving Average Convergence Divergence (MACD) is showing signs of a potential bullish crossover, as the MACD line is about to cross above the zero line. This is another key signal that the momentum might be shifting toward the upside.
UNI’s correlation with Ethereum (ETH) has historically been strong. When Ethereum experiences a significant price movement, Uniswap tends to follow suit. As Ethereum recently surged above $1,800, Uniswap also started showing positive movement, indicating that a similar rally could be in store for UNI. If Ethereum continues its upward momentum and moves toward $2,000 in the coming days, UNI could see its price increase by as much as 30%, potentially breaking above the $7.50 mark.
This would also depend on the broader cryptocurrency market sentiment and any unexpected events that could affect the market.
Market Sentiment and Technical Indicators
The market sentiment surrounding Uniswap has also shifted in a more positive direction. According to the latest data from Coinglass, UNI’s Open Interest (OI) in futures markets surged by 9%, signaling increasing market participation and growing investor confidence. Open Interest represents the total number of outstanding contracts, and an increase in OI often indicates that traders are expecting a price move in the near future. This uptick in futures market activity is a strong signal that traders are anticipating UNI’s price to continue rising.
Another key indicator for Unisoplanet's price is its transaction volume. Over the past week, UNI experienced a significant increase in large transactions, with a total surge of $304 million in large transaction volume. Large transaction volume often reflects institutional interest or whale activity, and this suggests that significant players in the market are positioning themselves for the next move in UNI's price.
This is in contrast to the actions of smaller investors, who appear to be exiting their positions in the short term. According to data from IntoTheBlock, only 22% of UNI holders are currently in profit, while a majority of 78% are holding at a loss. This disparity suggests that while smaller investors might be taking a more cautious approach, larger institutions or whales might be accumulating UNI at lower prices, setting the stage for a potential price surge as the token moves into the green for a greater number of investors.
With only 22% of UNI holders in profit at the moment, there is a large potential for growth if the market sentiment continues to improve.
If the price breaks above the $7.50 resistance level and manages to close above it on the daily chart, it could trigger further buying pressure, potentially driving UNI’s price up to $8 or even higher. However, if the price fails to hold above the $5.50 support zone and closes below it on the daily chart, it could signal a potential pullback, with the price revisiting the $4.95 zone.
Traders should keep an eye on any signs of a trend reversal, especially if UNI fails to maintain its upward momentum and if broader market sentiment shows signs of turning bearish.
Fundamental Factors Driving UNI’s Growth
One of the key factors driving Uniswap’s recovery is the favorable regulatory environment, particularly under the pro-crypto stance of the Donald Trump administration. Earlier this year, the U.S
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