The tweet was deleted by the author.
But we saved everything 🙂.
Uniswap (UNI) is currently trading at $3.516, a slight gain of $0.006 (0.2%) since the previous close. After opening at $3.64 and initially spiking, the price has settled mid-range within today’s $3.464 to $3.657 band, representing modest intraday movement of about $0.19 (5.2%) from high to low. The upward move is supported by constructive momentum above key moving averages, with moderate volatility and some intraday profit-taking. Key drivers include technical strength and increased protocol activity, while Hayden Adams’s positive tweet about growing Robinhood Chain adoption adds to bullish sentiment.
Hayden Adams highlighted that while meme volumes are leading activity, Robinhood tokenized RWA pools on Uniswap are showing rapid growth. This signals rising adoption and diversifying liquidity, potentially boosting protocol revenue as more RWA activity translates into higher fees and burns. The market reaction is in line with this positive outlook, as protocol governance proposals to activate fees across major networks, including for Robinhood Chain, underscore growing user engagement and network value. Uniswap’s expansion on Robinhood Chain, with increasing users and total value locked, further supports this narrative.
UNI trades above the MA-20 ($3.3002) and MA-50 ($3.0128), but remains under the MA-200 ($3.6733); short- and medium-term momentum is bullish, capped by long-term resistance. Nearest support is found near $3.28, with resistance at $3.67 and the psychological $3.70 level. MACD momentum and intraday bull power confirm positive signals, while RSI is bullish but not overbought. The five-day forecast range is $3.35 to $3.85, and the tweet’s fundamental signal supports the technical outlook.
Previously it was reported that Uniswap faced technical resistance despite some governance-driven optimism, resulting in a cautious near-term outlook. In this context, traders should monitor for shifts in momentum or governance actions that could alter the prevailing trend, as sustained moves above resistance levels would be a key signal for renewed upside.