Home Cryptocurrency Uniswap (UNI) Tests Key Resistance: Is a 30% Breakout Rally Imminent?

Uniswap (UNI) Tests Key Resistance: Is a 30% Breakout Rally Imminent?

Uniswap’s UNI is trading just under a key breakout line as on-chain activity stays firm and leveraged traders continue to add positions.

UNI held near $5.6 on January 14, with markets once again testing the $5.7 region after last week’s pullback. 

The token has struggled to push back into the mid-$5.50s to $5.60s range, which traders have treated as a short-term ceiling.

This slow move comes after UNI slipped below $5.72 in early January. That level marked the lower edge of a December range. 

DISCOVER: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year

UNI Price Prediction: Is Uniswap (UNI) Forming a Base After Weeks of Decline?

CoinGlass data shows UNI futures open interest at about $411M, with roughly $423M in futures trading volume over the past 24 hours. 

Uniswap UNI hovers below resistance as futures interest stays high, DEX volumes lead market, and traders watch breakout.
(Source: Coinglass)

Traders appear active, even as spot price struggles to reclaim lost ground.

On-chain data shows Uniswap still leading decentralized spot trading. DefiLlama’s data shows Uniswap’s DEX volume at about $1.9 billion over the past 24 hours, the highest among major platforms.

Uniswap UNI hovers below resistance as futures interest stays high, DEX volumes lead market, and traders watch breakout.
(Source: DefiLlama)

Fees have held up even while UNI’s price has moved sideways. DefiLlama data for Uniswap v3 shows roughly $1.0M in fees in the last day and about $6.1M over the past week. 

Actual protocol revenue is much lower. That gap reflects how most fees go to liquidity providers, not the protocol itself.

The near-term picture is mixed. In the US, Bitwise has filed for several single-asset “strategy” ETFs, including one linked to UNI, based on SEC filings and earlier reports. 

Whether those filings turn into approvals or spark fresh demand is still unclear.

DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2026

Is Uniswap (UNI) Stabilizing After Defending the $5.50 Support Zone?

Uniswap (UNI) is starting to steady after weeks of weak price action, based on the 4-hour UNI/USDT chart dated Jan. 13.

As per Tradingview data, The token is trading near $5.68 after holding the $5.50–$5.60 support area several times. That zone has acted as a floor during a long stretch of lower highs that began when UNI slipped from the $9–$10 range in November.

Uniswap UNI hovers below resistance as futures interest stays high, DEX volumes lead market, and traders watch breakout.
(Source: UNI USDT, TradingView)

UNI is still in a broader downtrend. Price remains below the 50-period and 100-period EMAs, both of which continue to slope downward. 

But the distance between price and these moving averages is shrinking, which shows sellers are losing strength. A clear move above $5.80–$6.00 would be the first sign of a short-term shift.

Momentum signals are mixed but improving. The RSI is sitting around 66 after climbing from mid-range levels. It’s not overbought yet, which leaves room for a push higher if trading volume picks up.

For now, UNI is stuck in a tight range between $5.50 support and $5.90 resistance. A breakout on either side will likely set the tone for the next move.

DISCOVER: 10+ Next Crypto to 100X In 2026

Key Takeaways

  • Uniswap (UNI) is starting to steady after weeks of weak price action.

  • UNI is still in a broader downtrend. Price remains below the 50-period and 100-period EMAs, both of which continue to slope downward. 


  •  

     

    The post Uniswap (UNI) Tests Key Resistance: Is a 30% Breakout Rally Imminent? appeared first on 99Bitcoins.

    Leave a comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Related Articles

    XRP Wave C Push On The Way: What Could Send Price Below $2?

    XRP’s price action is trading just above $2, but technical analysis of...

    Coinbase CEO denies White House clash, says negotiations are ongoing

    Coinbase CEO Brian Armstrong said the industry is working on several ideas...

    Ethereum Futures Volume Hits Highest Level On Binance Since Mid-December — Details

    Over the week, Ethereum struggled to sustain any significant move to the...

    Steak ‘n Shake announces $10M notional increase on Bitcoin holdings

    The company began accepting Bitcoin as a method of payment in May...