Zach Anderson
Aug 10, 2025 07:47
UNI price currently trades at $10.69 after a 4.19% decline, testing key support levels despite recent whale accumulation driving earlier gains.
Quick Take
• UNI currently trading at $10.69 (-4.19% in 24h)
• Uniswap’s RSI at 59.78 suggests neutral momentum with bullish MACD divergence
• Recent whale activity drove 3.8% gains earlier this week, but selling pressure has returned
What’s Driving Uniswap Price Today?
The UNI price action over the past week tells a story of volatile institutional movements. On August 8th, Uniswap experienced significant whale activity that propelled UNI token to lead gains in the CoinDesk 20 Index with a 3.8% increase. This whale accumulation pattern suggested renewed institutional interest in the decentralized exchange token.
However, the momentum has since reversed, with UNI price declining 4.19% in the latest 24-hour session. The current trading range of $10.61 to $11.29 reflects the ongoing battle between buyers who entered during the whale-driven rally and profit-takers looking to capitalize on the recent gains.
Trading volume on Binance spot market reached $94.7 million, indicating sustained interest despite the price decline. This high volume during a pullback often signals healthy market dynamics rather than panic selling.
UNI Technical Analysis: Mixed Signals Emerge
Uniswap technical analysis reveals a complex picture with both bullish and bearish indicators competing for dominance. The most encouraging signal comes from UNI’s MACD, which shows a bullish histogram reading of 0.0366, suggesting underlying momentum remains positive despite the recent price decline.
UNI RSI currently sits at 59.78, placing Uniswap squarely in neutral territory. This reading indicates the token is neither overbought nor oversold, providing room for movement in either direction. The lack of extreme RSI readings suggests the recent pullback represents normal profit-taking rather than a major trend reversal.
The moving average structure tells a bullish story for longer-term holders. UNI price trades above all major moving averages, with the token sitting well above the 200-day SMA at $7.56. The shorter-term SMAs show UNI at $10.69 compared to the 7-day SMA of $10.31 and 20-day SMA of $10.11, indicating the price remains in an uptrend despite recent weakness.
Bollinger Bands analysis shows UNI positioned at 0.7221 between the bands, closer to the upper band at $11.41 than the lower band at $8.82. This positioning suggests Uniswap has room to move higher but may face resistance near the upper band level.
Uniswap Price Levels: Key Support and Resistance
Based on Binance spot market data, several critical Uniswap support levels emerge for traders monitoring UNI price action. The immediate support zone sits at $8.68, representing a significant level where buyers previously stepped in. Below this, Uniswap strong support at $5.92 would represent a major test of the longer-term bullish trend.
On the upside, UNI resistance appears at $11.40, closely aligned with the Bollinger Band upper level. This represents the immediate hurdle for any bounce attempt. Breaking above this level could open the path toward Uniswap strong resistance at $11.69, which would mark a new local high.
The current pivot point at $10.86 serves as a key battleground level. UNI price trading below this level suggests bears maintain short-term control, while a reclaim could signal renewed buying interest.
Traders should note that UNI’s 52-week high of $18.60 remains significantly above current levels, indicating substantial upside potential if market conditions improve. Conversely, the 52-week low of $4.78 provides perspective on downside risk in adverse scenarios.
Should You Buy UNI Now? Risk-Reward Analysis
The current UNI price setup presents different opportunities depending on trading timeframe and risk tolerance. For swing traders, the neutral RSI reading and bullish MACD suggest potential for a bounce from current levels, particularly if Uniswap support levels around $8.68 hold firm.
Conservative investors might wait for a clearer directional signal, as the mixed technical indicators don’t provide a definitive edge. The recent whale activity suggests institutional interest remains, but the subsequent selling pressure indicates profit-taking is also active.
Day traders should focus on the $10.86 pivot level as a key decision point. UNI/USDT pairs breaking above this level with volume could target the $11.40 resistance zone, offering a favorable risk-reward ratio for short-term positions.
Risk management remains crucial given UNI’s Average True Range of $0.73, indicating significant daily volatility. Position sizing should account for potential moves to either the $8.68 support or $11.40 resistance within the next few sessions.
Conclusion
UNI price faces a critical juncture as technical indicators provide mixed signals following recent whale-driven volatility. While the longer-term trend remains bullish with Uniswap trading above major moving averages, short-term momentum has stalled near resistance levels. Traders should monitor the $10.86 pivot point closely, as a break above could reignite bullish momentum toward $11.40, while failure to hold this level might test Uniswap support levels around $8.68. The high trading volume suggests continued institutional interest, making the next 24-48 hours crucial for determining UNI’s near-term direction.
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