The post UNI Price Surges 4.3% as Uniswap Shows Very Strong Bullish Momentum appeared on BitcoinEthereumNews.com.
Terrill Dicki Jul 26, 2025 02:21 UNI trades at $10.44 after a 4.3% daily gain, with technical indicators pointing to continued upside potential as Uniswap breaks above key moving averages. Quick Take • UNI currently trading at $10.44 (+4.30% in 24h) • Uniswap’s RSI at 66.93 signals strong momentum without being overbought • Very strong bullish trend confirmed across multiple timeframes • UNI price testing resistance near $11.69 level What’s Driving Uniswap Price Today? With no significant news events emerging in the past week, the UNI price rally appears driven purely by technical momentum and broader market sentiment. The 4.30% surge in the past 24 hours has pushed Uniswap well above its key short-term moving averages, suggesting renewed buying interest in the decentralized exchange token. The current UNI price of $10.44 represents a significant recovery from recent lows, with the token now trading above all major moving averages including the critical 200-day SMA at $7.83. This positioning indicates that long-term holders are back in profit, which often serves as a foundation for continued upward momentum. Trading volume on the UNI/USDT pair reached $85.1 million on Binance spot market in the past 24 hours, demonstrating solid institutional and retail participation in the current move. The absence of negative news has allowed technical factors to take precedence, with traders focusing on chart patterns and momentum indicators. UNI Technical Analysis: Strong Bullish Signals Emerge The Uniswap technical analysis reveals multiple confluent bullish signals across different indicators. UNI’s RSI currently sits at 66.93, positioned in the neutral zone but showing clear upward momentum. This level suggests there’s still room for further gains before reaching overbought territory around 70. Uniswap’s MACD indicator shows particularly encouraging signs with the histogram at 0.0391, confirming bullish momentum. The MACD line…