Uniswap surges 7.31%, after traders eye critical support in price prediction
Uniswap (UNI) is trading at $8.011, up 7.31% on the session. The price sits below the MA-20 ($8.6199) and MA-50 ($9.5294), but remains above the MA-200 ($7.7346), highlighting ongoing short- and medium-term selling pressure while the MA-200 acts as long-term support.
Highlights
- Uniswap (UNI) trades at $8.011, up 7.31% on the session, positioned below its MA-20 ($8.6199) and MA-50 ($9.5294), but above the MA-200 ($7.7346).
- Momentum indicators remain mixed; MACD and oscillators suggest bearish or corrective pressure, while RSI and Stoch RSI signal possible oversold conditions and short-term volatility.
- The 5-day forecast expects UNI to trade between $6.7980 and $7.6900 with less than 20% probability of price increase, favoring sideways or downward consolidation above the MA-200.
Seller dominance as cautious sentiment meets stablecoin-driven inflows
On October 1, 2025, UNI hovered near a critical support at $7.57 amid moderate trading volumes and continued seller control, driven by subdued technicals and cautious market sentiment. Activity on decentralized exchanges also benefits from broader crypto inflows, supported by stablecoin supply growth and recent Bitcoin strength. Market participants are closely watching for either a decisive breakout or further correction as Uniswap sustains its position as a leader among decentralized platforms.
Divergent momentum signals as volatility meets resistance boundaries
Momentum signals on the daily timeframe are mixed. MACD shows bearish momentum, while ADX is strong and suggests an emerging trend. RSI and Stoch RSI indicate oversold conditions and suggest a possible pause or reversal, while CCI is in negative territory, supporting a corrective backdrop. BBP shows sellers have the upper hand in intraday action. The Awesome Oscillator reinforces the overall bearish tilt. UNI is up 7.31% on the session, with no meaningful gap between yesterday’s close ($7.465) and today’s open ($7.645). The current price is hovering near the top of today’s range ($7.543 — $7.993), reflecting high intraday volatility and strength toward session highs. Despite the strong daily gain, daily oscillator signals diverge from price momentum, highlighting short-term uncertainty.
Downside risk favored as breakout probability remains low
For the next five trading days, the expected price range is $6.7980 to $7.6900. The calculated probability of price increase is very low (less than 20%), making a decrease much more likely. The baseline scenario is for UNI to remain in a sideways corridor, consolidating above the MA-200. In the bullish case, sustained buying could push UNI above the $8.8165 resistance area and challenge the MA-50, while a close below $7.7346 would expose support near $7.00 and potentially accelerate a move toward the lower end of the weekly forecast range.
Previously it was noted that Uniswap traded above key support but faced EMA resistance across all major averages. The article highlighted that failure to hold above $7.50 risks further downside, with macro headwinds and lingering sell pressure keeping immediate momentum fragile.
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