Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»UNI Price Prediction – Uniswap Momentum Reignites, 15% Rise Possible
EXCHANGE NEWS

UNI Price Prediction – Uniswap Momentum Reignites, 15% Rise Possible

By Crypto FlexsJanuary 16, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
UNI Price Prediction – Uniswap Momentum Reignites, 15% Rise Possible
Share
Facebook Twitter LinkedIn Pinterest Email

UNI price is rising from the $5.65 support level. Uniswap is up 5% and it looks like bulls could target a new surge towards the $8.00 area.

  • UNI started a new rally above the $6.00 and $6.20 resistance levels.
  • The price is trading above $6.50 and the 100 simple moving average (4-hours).
  • On the 4-hours chart of the UNI/USD pair (Kraken data source), a breakout occurred above the main bearish trendline with resistance near $6.60.
  • The pair is showing bullish signals and could rebound once the $7.25 resistance is cleared.

UNI prices aim higher

After forming a support base above $5.65, UNI started a new increase. Bulls were able to push the price of Uniswap above the $6.00 and $6.20 resistance levels, outperforming Bitcoin and Ethereum.

On the 4-hours chart of the UNI/USD pair, a breakout occurred above the main bearish trendline with resistance near $6.60. The pair even broke above the $6.75 resistance level. It is currently approaching the 50% Fib retracement level with a downward move from the $8.24 swing high to the $5.67 low.

UNI is currently trading above $6.50 and the 100 simple moving average (4-hours). Immediate upside resistance is near the $6.95 level. The next major resistance is near the $7.250 level. This is close to the 61.8% Fib retracement level of the downward move from the $8.24 swing high to the $5.67 low.

Source: TradingView.com UNIUSD

A break above the $7.25 level could open the door to further gains in the near term. The next major resistance could be near $7.65, above which a test of the $8.00 level is likely to be targeted. More gains could lead UNI to $8.25.

Does Uniswap support dips?

If the UNI price fails to rise above $6.95 or $7.25, further declines may occur. The first major support is near the $6.60 level or the 100 simple moving average (4-hours).

The next major support is near the $6.25 level. A break below the $6.25 support line could open the door for an advance towards $6.00.

technical indicators

4-Hour MACD – The MACD for UNI/USD is gaining momentum in bullish territory.

4-Hour Relative Strength Index (RSI) – The RSI for UNI/USD is well above the 50 level.

Key support levels – $6.60, $6.25 and $6.00.

Key resistance levels – $6.95, $7.25 and $8.00.

Disclaimer: This article is provided for educational purposes only. This does not represent NewsBTC’s opinion on whether to buy, sell or hold any investment, and of course investing carries risks. We recommend that you do your own research before making any investment decisions. Your use of the information provided on this website is entirely at your own risk.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Acurast launches ‘Staked Compute’ and challenges AWS, Azure and Google Cloud using the distributed smartphone network.

September 3, 2025

Bitcoin Price Posts for 5 consecutive August losses: Will Michael Saylor react?

August 31, 2025

Pudgy Penguins

August 28, 2025
Add A Comment

Comments are closed.

Recent Posts

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025

NOWPayments To Participate In SiGMA Europe Rome 2025

September 4, 2025

Web3 Enabler Announces Blockchain Payments V3.1 At Northeast Dreamin In Boston

September 4, 2025

Is XRP The Dark Horse Of The Cryptocurrency World? Earn 652 XRP Daily Using Invro Mining’s Smart Contract

September 4, 2025

TRX Was Early, ETH Set The Standard, BNB Built The Scale- Now SYC Brings The Next Evolution

September 4, 2025

Sign Up And Receive $500 Bonus, Ushering In A New Era Of Compliant And Secure Crypto Investment

September 4, 2025

Why experts say that 99%of the traders are wrong

September 4, 2025

ChainUp Named Double Finalist At Thomson Reuters’ ALB Pan-Asian Regulatory Awards 2025

September 4, 2025

Integrated security classes can accelerate the adoption of institutional passwords.

September 4, 2025

Binance explodes 466m LUNC with oblivion: revival play or special effect?

September 4, 2025

Cardano founder says Chainlink quotes ‘ridiculous price’ to them.

September 3, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025

NOWPayments To Participate In SiGMA Europe Rome 2025

September 4, 2025

Web3 Enabler Announces Blockchain Payments V3.1 At Northeast Dreamin In Boston

September 4, 2025
Most Popular

SK Hynix announces AI GPU chip fourth quarter profits and plans

January 25, 2024

As BTC and ETH explode in growth, what does the future hold for APT and Raboo?

April 15, 2024

page

February 7, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.