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By Siamak Masnavi, CD Analytics|Edited by Aoyon Ashraf
Jun 18, 2025, 7:03 p.m.
- UNI is up 1.56% in the past 24 hours, trading at $7.4671 after peaking near $7.76.
- The token has rallied 70% from its April 7 low of $4.551 and posted seven green weeks in the past eight, according to CoinDesk Research’s technical analysis model.
- A strong bounce from $7.14 on heavy volume formed a V-shaped recovery, with follow-through action despite recent volatility.
Uniswap’s governance token continues its impressive comeback, trading above $7.46 Tuesday after rallying 70% from its yearly low of $4.551 on April 7. The token has logged seven weekly gains in the past eight weeks—its longest positive stretch since early 2023—and is now firmly trading above key resistance levels that capped earlier recovery attempts.
The broader structure now reflects a classic bullish reversal, with a prolonged downtrend giving way to sharp rebounds, strong support formation, and improving sentiment around Uniswap’s on-chain governance and market role. Buyers absorbed a sharp drawdown earlier in the session and quickly stepped back in, establishing a new base around $7.14–$7.17.
STORY CONTINUES BELOW
That support zone now defines the lower bound of the token’s recent trading range. The latest rally saw the token push through prior local highs despite some intraday profit-taking near the $7.52 mark. The consistent pattern of higher lows and strong volume near key inflection points indicates a potentially sustainable uptrend, though a clean break above $7.60 would likely be needed to confirm a full momentum shift.
Technical Analysis Highlights
- UNI traded in a 24-hour range of $0.650, from $7.142 to $7.792, reflecting 8.7% intraday volatility.
- A sharp sell-off bottomed at $7.142 during the 10:00 hour, with volume spiking to 3.96 million—78% above the daily average.
- The following hour saw volume increase to 4.69 million as buyers stepped in, triggering a V-shaped recovery.
- Price reached $7.578 by 15:00 before facing resistance and temporary consolidation.
- At 17:33, UNI dipped to $7.37, followed by a surge between 17:37 and 17:39, with volume rising to nearly 3x the hourly average.
- Price peaked at $7.53 during the 18:00 candle with volume of 162K, representing a 5.8% gain from the hour’s low.
- Despite some profit-taking near $7.52, price action held above mid-range, extending the recovery into a more defined uptrend.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
Siamak Masnavi is a researcher specializing in blockchain technology, cryptocurrency regulations, and macroeconomic trends shaping the crypto market. He holds a PhD in computer science from the University of London and began his career in software development, including four years in the banking industry in the City of London and Zurich. In April 2018, Siamak transitioned to writing about cryptocurrency news, focusing on journalism until January 2025, when he shifted exclusively to research on the aforementioned topics.
CoinDesk Analytics is CoinDesk’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets.
All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk’s editorial team before publication. The tool synthesizes market data and information from CoinDesk Data and other sources to create timely market reports, with all external sources clearly attributed within each article.
CoinDesk Analytics operates under CoinDesk’s AI content guidelines, which prioritize accuracy, transparency, and editorial oversight. Learn more about CoinDesk’s approach to AI-generated content in our AI policy.
