Uniswap holds above nearest support with MACD still positive: weekly outlook

Traders Union
All News
Crypto
Uniswap slips 1.19% this week

Highlights

Uniswap is trading at $9.044, falling 1.19% over the past 7 days but still holding a strong long-term uptrend.
Price remains firmly above short and medium-term averages, with buyers in control, although momentum is slowing near resistance.
Expected range is $8.049 to $9.508 for the coming week, with consolidation likely between $8.8181 support and $9.324 resistance.

Compliance partnerships and record revenue drive positive sentiment for Uniswap

Japan's SMBC Nikko Securities has signed a memorandum of understanding with Uniswap Labs, the Base network, and the Nyx Foundation to develop a regulated DeFi Gateway for Japan, targeting a 2027 launch, according to CoinCentral and MoneyCheck. This compliance-driven initiative will leverage Uniswap's v4 Hooks technology for anti-money laundering and counter-terrorism standards. Uniswap also captured about 60% of tokenized stock trading volume in the past 30 days with $12.6 billion in activity, and reached a new all-time high in protocol revenue distributed to token holders, as reported by Bitcoin News, Crypto Briefing, and Coingabbar.

Bullish momentum holds as RSI warns of exhaustion in upper trading band

The daily chart reflects a trending structure, with a sustained move lower and a firm trend. MACD remains positive at 0.754, confirming strong bullish momentum, while RSI is approaching overbought territory at 61.137, pointing to some potential caution. Between nearest support at $8.8181 and resistance at $9.324, current volatility stands at 10.38%. These signals collectively highlight underlying buyer dominance but suggest the advance may be losing momentum near the top of the recent range.

Upside breakout in focus with resistance and range-bound risks next week

In the week ahead, Uniswap is expected to trade between $8.049 and $9.508, with a very high probability of an increase and a very low probability of a decrease. The base case sees continued consolidation between $8.8181 and $9.324. A decisive push above resistance at $9.324 opens the way to a positive breakout, while a drop below support at $8.8181 could expose the pair to further downside within the projected range.

Anton Kharitonov, expert at Traders Union, notes that Uniswap (UNI) remained under mild pressure this week, trading near $9.04 after slipping just over 1%. He believes institutional participation and regulatory efforts are keeping sentiment cautious, as seen in Japan’s SMBC Nikko Securities partnering with Uniswap Labs and others to develop a regulated DeFi gateway. Technically, the daily chart maintains a trending structure, but MACD at 0.754 shows bullish momentum that now faces headwinds, with RSI at 61.137 nearing overbought territory. With support at $8.8181 and resistance at $9.324, price is consolidating and volatility stands at 10.38%. For the coming week, Kharitonov sees a very high probability of continued consolidation between $8.8181 and $9.324 and a low probability of further decline unless support fails. "As long as Uniswap stays trapped below $9.324, I remain defensive and see little reason to chase upside."

Previously it was reported that Uniswap’s bullish momentum was underpinned by strong technical signals and growing adoption through institutional partnerships. The current analysis builds on this view by highlighting increased compliance initiatives and trading activity, with the pivotal $9.324 resistance identified as a key level for gauging a potential breakout in the near term.

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.