Uniswap

Momentum

Resistance

Foundation

<ul class="list-ic vertical">
 <li><span>1</span> <a>The UNI token witnessed a sharp rally and surge over 80% this month.</a></li>
 <li><span>2</span> <a>Uniswap token signifies buying momentum and continues to rise the gains.</a></li>
</ul>
<p>The Uniswap (UNI) token signifies a massive spike and has surprised investors by giving a bull run in the past sessions. The token price has skyrocketed over 60% this week and is demonstrating cues of institutional buying activity. The Uniswap Foundation proposed upgrading the governance system, which led to an impulsive rise.</p>
<p>UNI price climbed above the key moving averages and has reached the blue sky zone above $10, crossing multiple hurdles in a single go. Moreover, the token has trapped the bear cartel, who have maintained their grip for the past weeks, and a major short covering rally was witnessed. Per the Fib retracement levels, the token has climbed above the 61.8% zone and is trying to surpass the 78.6% zone.</p>
<p>The Uniswap token (UNI) price was $12.40 at press time, with an intraday gain of 13.54%, showing bull accumulation on the charts. Moreover, the trading volume has increased by 18.90% to $592.73 Million. Uniswap price has a weekly return ratio of 7.87% and 104.80% on a monthly basis. The pair of UNI/BTC is at 0.000198 BTC, and the market cap is $10.69 Billion. Analysts are bullish and suggest that the UNI token price will continue to extend the gains and may reach the $15 mark soon.</p>
<h2 class="wp-block-heading" id="strong-uniswap-uni-glimpse-bull-run-will-uni-continue-to-rise-strong"><strong>Uniswap (UNI) Glimpse Bull Run, Will UNI Continue To Rise?</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="474" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-40-1024x474.png" alt="Uniswap" class="wp-image-195183" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-40-1024x474.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-40-300x139.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-40-768x356.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-40-1536x711.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-40-750x347.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-40-1140x528.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-40.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: UNI Price Chart By TradingView
  </figcaption>
 </figure>
</div>
<p>The token has witnessed a major bullish marubozu candlestick on the daily charts and sparkled the fireworks. The Uniswap token price has replicated investor interest, and a significant runaway was noted. The technicals signal a golden crossover, and a further upward move toward $15 can be anticipated soon.</p>
<p>The Momentum Indicator (RSI) curve stayed beyond 70 and reflects a buy signal and bullish sentiments for the upcoming sessions. Similarly, the MACD indicator shows a bullish crossover and suggests a rally continuation. Additionally, the technicals are giving a positive divergence and a sharp bounce from the 20-day EMA was noted. The bulls look aggressive and will continue to showcase their dominance in the following sessions.</p>
<h3 class="wp-block-heading" id="strong-uniswap-rolls-above-100-day-ema-can-bulls-stretch-up-move-to-20-strong"><strong>Uniswap Rolls Above 100-Day EMA, Can Bulls Stretch Up Move To $20?</strong></h3>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="474" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-42-1024x474.png" alt="Uniswap" class="wp-image-195185" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-42-1024x474.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-42-300x139.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-42-768x356.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-42-1536x711.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-42-750x347.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-42-1140x528.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-42.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: UNI Price Chart By TradingView
  </figcaption>
 </figure>
</div>
<p>On the weekly charts, the token has broken out of a falling trendline barrier and registered a sharp breakout. The token has crossed major hurdles of $8 and $10, and bulls still uphold the gains. Furthermore, the token has retained the bullish trajectory, and an uptrend has begun this week.</p>
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3>
<p>The <a href="https://www.thecoinrepublic.com/2022/11/04/97-of-uniswap-tokens-are-rug-pulls-as-per-the-report/" target="_blank" rel="noopener noreferrer nofollow">Uniswap token</a> (UNI) price has gained buying momentum and initiated a breakout that may step up the gains toward $15 soon. The trend is intact, and the token will continue to spark the gains in the following sessions.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p><strong>Support Levels:</strong> $11 and $10</p>
<p><strong>Resistance Levels:</strong>$13 and $15</p>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.&nbsp;</p>

Uniswap (UNI) Price Prediction: Are Bulls Eyeing the $15 Mark?

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