UNI Price Outlook: Holding the Support May Ignite a Surge Toward $8.60

• UNI holds support despite a persistent weekly downtrend.
• Resistance zones continue to cap upward moves.
• Indicators show weak momentum and slow recovery.
• Revolut integration boosts Uniswap’s user access.

UNI continues to trade within a broader weekly downtrend, with the price stabilizing near $6.06 after after several failed attempts to break above the declining moving-average ribbon. The moving averages between $7.39 and $8.56 keep acting as heavy resistance, confirming persistent bearish pressure.

Recent candles show reduced volatility and repeated rebounds from the $5.55 zone, indicating cautious accumulation with limited bullish momentum. The weekly structure highlights a compressed range between $5.50 and $6.50, where UNI is attempting to build a short-term base.

The 20-50-week moving averages are oscillating around $8.11 and $8.19. A strong breakout above this level could shift the trend’s momentum and invalidate the dominant bearish trend. For now, selling pressure remains strong near the 200-week moving average, around $7.40.

Key upside targets include $6.80 as the initial breakout marker, the first point of breakout, followed by $7.40, $8.10, $8.60, and then $10, if the uptrend persists. A failure to support the key level of $5.55 would result in levels of $5.10 and $4.90 in the next stage of downfall towards $4.50. The levels must be kept above the current zone each week to stage a positive comeback.

Also Read: Uniswap (UNI) Price Surges 52%: Bull Flag Signals $14 Target

Momentum Indicators Signal Weak Recovery Attempts

The current value of the RSI is 41.31, weaker than the support line of 44.52. The bearish momentum has been dominant in the September trend through the descending trend in the indicator, together with the formation of lower highs in the prices and the indicator. Without breaking beyond 50, the indication of weakness and consolidation in the trend continues.

The bearish crossover in the MACD indicates that the MACD line is at -0.62134, while the Signal line is at -0.36805. The histogram is still negative but slightly rising, indicating that the selling pressure may be weakening. The momentum in the token has also been decreasing since September, in line with the movements in the RSI indicator. The indication from the MACD is that the token may be entering a bottoming formation.

Uniswap Expands Access Through Revolut Integration

Uniswap Labs is making crypto purchases smoother by adding Revolut, the biggest financial app in Europe, with more than 65 million users. The update lets people buy crypto inside the Uniswap Web App or Wallet using their Revolut balance, debit card, or bank transfer, giving users in 28 countries a faster, easier on-ramp.

Revolut’s on-ramp keeps things simple with no extra Revolut fees, broad currency support, and quick access to ETH, USDC, POL, and over 40 other tokens. Existing Revolut users can buy in just a few steps. Although Revolut currently supports only on-ramps, additional cash-out options are expected to roll out later.

Also Read: Uniswap (UNI) Price Jumps 50% Following Burn Proposal Targeting $50 Nex