Uniswap Value Indicates Downward Trend; may fall to $7.86 should resistance persist
In the latest analysis by Swarmik, the trend of Uniswap (UNI) coin is under scrutiny on CNN. According to data sourced from BraveNewCoin, the current price of UNI is around $9.48, with a marginal 0.22% increase in the past 24 hours. The session high of UNI reached $9.54.
The Relative Strength Index (RSI) for UNI stands at 44.58, indicating steady but cautious participation from traders. The RSI-based moving average is 44.14, further supporting this observation. The MACD line for UNI is at -0.257, and the histogram value is -0.061.
The Uniswap coin is currently positioned at a resistance band, and analyst Swarmik expects a potential reversal. If UNI reverses from the current resistance zone, potential downside targets include $8.68, $8.47, $8.17, and $7.86.
Whale activity shows limited accumulation around current levels, increasing the likelihood of rejection at resistance. This could potentially lead to a slide towards $8.17 and potentially $7.86 before the end of the year.
It's important to note that there are no recent publicly reported large purchases of Uniswap tokens by any person or institution, as per the latest search results up to September 2025.
The market capitalization of UNI is $5.66 billion, with $158.8 million in daily turnover. The approach to this situation aligns with bearish order flow, suggesting a cautious stance among traders.
The coming sessions will reveal whether the resistance band sparks another leg down or if the token surprises traders by breaking above with strength. Keep a close eye on UNI's trajectory in the upcoming days.
Read also:
- EPA Administrator Zeldin travels to Iowa, reveals fresh EPA DEF guidelines, attends State Fair, commemorates One Big Beautiful Bill
- Musk announces intention to sue Apple for overlooking X and Grok in the top app listings
- Cybertruck's Disappointing Setback, Musk's New Policy, Mega-Pack Triumphs, Model Y's Anticipated Upgrade Prior to Refresh (Week of January 25 for Tesla)
- Innovative Company ILiAD Technologies Introduces ILiAD+: Boosting Direct Lithium Extraction Technology's Efficiency Substantially
