Uniswap slides with price stuck below key moving averages: weekly outlook

Traders Union
All News
Crypto News
Uniswap falls 16.73% this week

Highlights

UNI remains in a pronounced bearish trend, trading well below key moving averages with persistent downside momentum.
Technical indicators such as MACD, ADX, RSI, and CCI confirm strong sell signals and reflect oversold, weak trend conditions.
For the coming week, consolidation is likely between $2.32 and $2.77, with risk tilted toward further declines unless $2.77 is convincingly reclaimed.

Record UNI burn and Unichain anticipation drive sentiment this week

Uniswap saw a major development with the passing of the 'Unification' proposal, introducing a standardized method for users to claim protocol fees by burning UNI tokens via the Firepit contract. This drove a record-breaking burn of 134,000 UNI within a single day, significantly reducing circulating supply. Additionally, anticipation is building for the upcoming release of 'Unichain', a layer 2 solution set to enhance value capture for UNI holders and Uniswap Labs.

Bearish momentum intensifies as weekly indicators and resistance align

Weekly technical indicators for UNI remain decisively bearish. The price is below all key moving averages on the W1 timeframe: MA-20 ($3.4724), MA-50 ($6.0118), and MA-200 ($6.9244), with the Ichimoku Kijun line at $4.4430 serving as significant overhead resistance. Weak momentum is confirmed by strong sell signals from the MACD and ADX, while oversold readings from the RSI, Stochastic RSI, and CCI are matched by seller dominance per Bull/Bear Power. Volatility on the week reached 31.48%, and support is seen near $2.32 with resistance at $2.77 on the W1 chart.

Further declines or range-bound trade likely as bearish signals persist

Looking ahead to the next 7 days, UNI is expected to trade within a range of $2.32 to $2.77 based on recent weekly volatility. All primary weekly indicators—RSI, ADX, MACD, and CCI—remain firmly bearish, suggesting a strong probability of further declines or consolidation near current lows. A sustained close above $2.77 would be required for a bullish scenario and potential recovery, while further weakness and a break below $2.32 would confirm ongoing downside risks.

Anton Kharitonov, analyst at Traders Union, sees ongoing weakness in Uniswap (UNI) following its 16.73% drop this week. He notes that despite protocol innovations like the Unification proposal and anticipation for Unichain, price action remains firmly bearish. Technical signals confirm negative momentum, with UNI trading well below key weekly moving averages and persistent pressure visible across all indicators. Over the coming week, he anticipates UNI will stay confined to the $2.32–$2.77 range, unless there is a significant shift in market dynamics. Downside risks are high if $2.32 breaks, while any recovery would require a weekly close above $2.77. "Given the lack of technical reversal signals and sustained seller dominance, my tactical stance stays defensive until clear strength emerges above $2.77."

Earlier, analysts noted that Uniswap faced persistent bearish momentum and technical weakness despite positive sentiment from leadership and recent feature updates. The latest developments—such as the significant UNI token burn and anticipation around Unichain—add fresh catalysts to watch, but with technicals still firmly bearish, traders should monitor for a decisive move above $2.77 or below $2.32 as the key trigger for the next directional trend.

Source of Data: UNI Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.