Uniswap price Prediction forecast indicates an increasing optimism as the coin is approaching a breakout point that has been several years long.
According to the analysts, the long-term downward trajectory of the token can soon be reversed, and the momentum will gather around the $6 resistance area, which could make the token experience a bullish turn to reach a new high.
Multi-Year Breakout in The Asset
In the latest X post, analyst Don pointed out a multi-year diagonal resistance that has held the price of Uniswap in place since the beginning of 2021. The chart, which is based on monthly Heikin Ashi candles, indicates that there has been a continuous series of low highs that create a clear downward structure.
Source: X
This projection by Don implies that, when the coin closes above this resistance with volume confirmation, the outlook may open up to $20-$40, which is a huge structural overturn.
The discussion underlines that the breakout would mean a new wave of interest in buying and the possible growth of the trend, especially as the ecosystem of the asset keeps expanding with new integrations, such as the introduction of Solana-based assets to the DEX platform.
Short-Term Pressure as Price Dips 3.58%
At the time of writing, Uniswap is trading at $5.86, marking a 3.58% decline over the past 24 hours. The decentralized exchange token currently holds a market capitalization of $3.51 billion, ranking #45 among cryptocurrencies.
Trading volume has reached approximately $324 million, indicating active participation despite the recent price dip. This decline reflects broader market weakness, as major altcoins experience profit-taking after minor rallies earlier in the week. Still, the coin remains a key player in the DeFi ecosystem, supported by strong liquidity and a steadily engaged user base.
Source: BraveNewCoin
Technically, the token shows consolidation around the $5.80–$6.00 range, with immediate support forming near $5.70. A sustained drop below this level could expose the coin to further downside toward $5.50, while recovery above $6.00 may signal renewed bullish interest. The price decline appears to be accompanied by moderate trading volume, suggesting more of a healthy correction than panic selling.
Near-Term Pullback Amid Volatility
On the other hand, A different analyst, Uncle BullishBanter, also expressed the same argument by stating that the Uniswap price prediction broke out of a symmetrical triangle breakout earlier, which reinforced the strength of the bulls.
The breakout stood the coin up against the range of $6.85-$6.90, where the sellers re-entered, triggering a short-term retraction. The coin now depends on whether bulls can defend the immediate support near $6.53, which coincides with a fair value gap (FVG) formed during the earlier breakout.
Source: X
The chart below indicates the composition of this retracement, as it has some robust accumulation regions that are indicated by earlier consolidation areas denoted as “FVG” and “EQ’’. The renewed purchases of these liquidity pockets are usually attractive.
BullishBanter said that the wider downtrend formation seems to hold as long as the price is above $6.25 and $6.15, then buyers will soon be in control again.
