Daily News 19

Tag: UNI price targets

  • Uniswap Price Eyes Bigger Rally as Robinhood Activity Surges

    Uniswap Price Eyes Bigger Rally as Robinhood Activity Surges

    Uniswap is gaining momentum as trading activity on Robinhood Chain reaches record levels. The decentralized exchange has processed roughly $130 million in daily stock-token transactions, nearly ten times more than a month ago, highlighting the growing connection between on-chain markets and traditional financial assets.

    Robinhood Chain Activity Accelerates

    Trading volume is now split almost evenly between Uniswap v3 and Uniswap v4. While v3 continues to support deep concentrated-liquidity pools, v4 is gaining traction through custom hooks, dynamic routing and lower transaction costs.

    The broader takeaway is that upgraded decentralized exchange infrastructure is now handling substantial equity-trading activity. That gives the Uniswap price outlook more substance than a routine token rally driven solely by market sentiment.

    UNI Price Has Climbed More Than 90%

    The UNI price has risen from around $2.40 in June to roughly $4.60 in August, representing a gain of more than 90%. Its earlier price history provides additional context for the current move.

    A liquidation-driven move in late 2020 was followed by a parabolic rally toward Uniswap’s all-time high of approximately $44. A similar liquidity-grab pattern is now appearing in 2026 UNI price action, although it remains uncertain whether history will repeat itself.

    If follow-up demand continues to support the UNI token price, $7.82 could become the first major resistance level. That price aligns with the weekly 200-day exponential moving average. A sustained breakout above it could place $11 and eventually $22 among the next potential targets.

    HOOD Stock Adds Context to the Uniswap Setup

    Robinhood’s stock offers another relevant comparison. HOOD previously formed a cup-and-handle pattern before advancing toward an all-time high near $154.

    After declining approximately 58% to $64 in 2026, the stock reversed higher from April and has since followed an ascending trendline. If that support continues to hold, HOOD could potentially move back toward $154 and enter another price-discovery phase.

    For now, the Uniswap price outlook is supported by improving trading activity on Robinhood Chain. However, $7.82 remains the key level bulls must overcome before the larger upside targets become relevant.

    Source: cryptonews.net

  • Uniswap Sweeps Short Liquidations Near $5: What Comes Next?

    Uniswap Sweeps Short Liquidations Near $5: What Comes Next?

    Uniswap (UNI) extended its bullish performance with another break of market structure on the daily timeframe on Thursday, 27th August. The DeFi altcoin gained 6.89% during the day, rising from $4.38 to $4.68.

    However, UNI faced rejection after climbing further to $4.84 in the hours before press time. It was trading at $4.57 at the time of writing.

    Spot demand supports Uniswap’s price gains

    Coinalyze data showed that open interest had cooled slightly, while the funding rate remained close to neutral. Encouragingly, the Spot CVD had risen in recent days, highlighting strong spot demand behind the latest price gains.

    Whale accumulation and steady UNI token burns have also supported the scarcity narrative. The key question is whether spot demand and these bullish factors are strong enough to sustain Uniswap’s uptrend.

    Uniswap’s bullish market structure

    In May, UNI formed a lower high at $4.17 before a wave of selling pushed its price down to $2.31 by early June. By the end of July, the previous high had been surpassed, establishing a bullish swing structure.

    A pullback to $3.18 in mid-August was followed by another rally above the $4.57 local high, reaffirming the bullish structure.

    The On-Balance Volume (OBV) indicator has trended higher since July, reflecting steady buying pressure. Demand accelerated notably in mid-August, while the momentum shift over the past two weeks was also visible on the MACD and Awesome Oscillator.

    UNI traders eye a potential pullback

    The dense liquidity zones above $4 that had formed over the past month were swept. UNI also approached the $5 level in recent hours, taking out another cluster of short liquidations.

    A noticeable pocket of long liquidations may now be developing around $4.

    Based on the daily chart, the bullish price targets at $5.11 and $5.97 remain valid. However, UNI could enter a consolidation phase in the coming days as new liquidity pockets build for the price to target.

    Uniswap maintained a bullish structure on the daily price chart at press time. The sweep of overhead liquidity pockets, followed by rejection below $5, could lead to short-term consolidation.

    Source: cryptonews.net