The post Uniswap Attempts a Strong Upside Move—Can UNI Price Extend the Rally Toward $10? appeared first on Coinpedia Fintech News
The Uniswap price has gained significant attention in the past few days following the rollout of Uniswap’s Unification, which burned 100M UNI tokens. With the supply crunch in place, the UNI price was believed to experience a strong push. In the past 24 hours, the price faced a notable upswing after maintaining a narrow trade, trying to stabalise the latest volatility. With this attempt, trading activity suggests the market remains cautious as it approaches near-term resistance.
Now the major focus is whether buyers can sustain momentum or if the token remains range-bound in the absence of stronger volume confirmation.
Uniswap Price Action in the Past 24 Hours
Uniswap (UNI) has shown a clear attempt to push higher over the past 24 hours, with price trading around $6.25–$6.30, up roughly 5–6% on the day. The token posted an intraday low near $5.90 and a high close to $6.38, indicating buyers are stepping in aggressively on dips while price tests the upper end of its short-term range.
Spot trading volume rose to roughly $390–$400 million, reflecting renewed participation compared to the previous session. Liquidity remains healthy, with UNI holding above key intraday support as price compresses near resistance.
On the derivatives side, open interest sits near $240 million, showing traders are maintaining leveraged exposure. Funding rates remain mixed, hovering around neutral to slightly positive, suggesting no extreme long or short bias. Liquidations over the last 24 hours were relatively modest, with longs accounting for the larger share, pointing to positioning resets rather than panic selling.
What’s Next for the UNI Price?
Uniswap (UNI) has experienced heightened volatility over the past quarter, rebounding sharply from sub-$5 levels to highs near $10 before entering a consolidation phase. While price has since cooled, UNI now appears to be stabilizing around its short-term mean, suggesting the market is absorbing prior volatility rather than rolling over. This stabilisation maintains the broader bullish structure, with the focus shifting to a breakout from the descending range that has capped price action since August.
Technically, UNI is attempting to break above a descending trendline, a level that has repeatedly rejected upside moves. This time, however, the attempt is supported by improving participation. On-Balance Volume (OBV), which remained suppressed for an extended period, has started to rebound decisively, indicating a renewed influx of buying volume. At the same time, RSI is trending higher, reinforcing the view that momentum is shifting back in favor of buyers rather than reflecting a weak corrective bounce.
If this setup holds, UNI could challenge the $6.65–$7.00 resistance zone in the near term. A sustained move above this area would place the price back above the 200-day moving average, a level that often acts as a trend filter. Holding above it could turn the average into support and strengthen the case for further upside continuation.
Will the UNI Price Reach $10 in Early 2026?
Uniswap (UNI) is gradually regaining traction after defending its recent lows multiple times, a sign that downside pressure is weakening. The latest volume spikes support this view, suggesting renewed buyer interest rather than a passive bounce. If this demand persists, UNI could be setting up for a stronger directional move in the near term.
From a technical perspective, a clean break and acceptance above $7 would be a key trigger. Such a move would open the door for a broader upside extension, with $10 as the next major psychological level, followed by a potential attempt to establish value above $12 if momentum continues to accelerate. On the flip side, a yearly close above $6.5 would be critical to keeping the bullish structure intact. Failure to do so would likely extend the current tight consolidation, delaying any meaningful trend continuation.