- Uni bounces from the support of $ 5.17, winning 24.89% in 24 hours.
- RSI at 67.41 and the MacD crossover support a continuous upward momentum.
The UNISWAP (UNI) seems to come out of a prolonged decreased regression channel which forced the price movement since the beginning of January 2025. The decline has flattened with the domination of the providing bulls leading to new levels of the current overvoltage of 24.89% which invited the current level of $ 6.68.
Uni releases the downward trend model with technical confirmation
According to a tradingView analysis, the Uniswap price channel has defined a clear decrease trend, with lower ups and lower stockings, drawing united from more than $ 15 to $ 5. However, the recent up bullish action has led to $ 6.49, indicating an upcoming outing of this bearish channel.
In addition, the RSI (relative force index) currently reads 67.41, approaching the over -rascal threshold of 70. This suggests that the purchase of pressure is intensifying, which often aligns up with bullish eruptions but can also refer to a short -term withdrawal if the RSI crosses on the territory on the ignition.
MacD (Divergence of Mobile Average Convergence) adds additional confirmation of the bullish impetus. The MacD line at 0.117 crossed both the signal line which is parked at -0.005) and the zero line, indicating a change of feeling of the market.
UNISWAP NEXT Targets and Action of the current market
According to the analysis prepared by pink premium signals, it should be noted that the United Stateswap (UNI) recently rebounded from a marked key horizontal support area at around $ 5.17. The graph shows a previous parabolic increase which culminated around $ 17.80 before entering a prolonged decline supporting the regression trend. Fibonacci retracement levels are displayed, with 0.236 almost $ 10 and 0.618 almost $ 14.
A potential ascending trajectory is mapped, targeting resistance levels at $ 20.42, $ 24.19 and $ 30.09. The price recently left a drop in the area, indicating an end to the structure towards the previous bottom. Weekly candles show a consolidation close to support for several weeks before the recent upward price movement.
The support area previously launched solid upward inversions in previous cycles. Currently, market data reports that UNI exchange at $ 6.51, marking an increase of 24.89% in the last 24 hours, the negotiation volume reaching $ 467.09 million, up 205.15%.
Capitalization now amounts to $ 4.09 billion, reflecting growing demand, because the price trend shows a constant increase of $ 5.18 to $ 6.48, forming coherent rise. From the analysis prepared by Rose to the confluence of the RSI force, the MacD crossover, and an escape from the regression channel, the UNI is positioned for a continuous increase supporting upwards in the short term.
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