Uniswap (UNI) continues to be in an uncertain phase: the coin is trying to break through the price level of around 7.45 USDT, but resistance is not allowing the price to break through to the upside.
Since the beginning of July, UNI has been trading around 7.05 USDT and has seen a new -5% drop from the previous week, despite an impressive +18% increase in June. At the same time, the maximum growth in the last month reached +43%, indicating a high volatility of the asset.
Price: Analysis on Graphs
In June, UNI twice tried to consolidate above the 7.45 USDT level. The highest price reached 8.67 USDT, but it turned out to be a local high: the asset returned to the initial zone, ending the month close to current levels. As a result, a technical base has formed: local lows and highs have aligned, but a breakout has not yet occurred.
Since the beginning of 2025, UNI has lost almost half of its value (-46%), despite having grown +82% by 2024. The token's market capitalisation is approximately $4.43 billion, allowing it to maintain 27th position in CoinMarketCap's rankings.
Trading and Liquidity
Activity on UNI's market has increased significantly: trading volumes in the last 24 hours have risen +94%, reaching approximately $600 million. This indicates considerable interest from traders - Uniswap is once again among the top trends on CoinMarketCap.
History of recent fluctuations
In autumn 2024, UNI's price rose sharply to $19.47 (December high). Subsequently, the slump began, which started in February 2025: in just one month, the price fell -36%, and in April it touched a low of around 4.555 USDT.
In April, a recovery phase began: in May, UNI rebounded to the resistance level (7.45 USDT), tested again in June, confirming the prevailing consolidation around this area.
Current Technical Levels
An ascending trend line is forming on the daily charts, with highs and lows gradually rising, although resistance at 7.45 USDT remains a difficult obstacle to overcome. At the time of the analysis, the daily growth rate was around +6.6%.
Important technical levels:
- Resistance ~7.30 USDT, the first barrier from which UNI tries to bounce.
- Main target: break above the June high, which would pave the way for a technical breakout.
- In case of a correction, the first support level lies around 5.50 USDT.
Possible Scenarios
Optimistic Scenario: if demand increases, UNI could break through resistance between 7.45 and 7.50 USDT, triggering renewed growth towards the 10.20 USDT, 12 USDT levels or higher.
Pessimistic scenario: if a rebound over current resistance does not occur, the price could fall again. With weak demand, UNI could slide towards support in the $5.50 USDT area, paving the way for further declines.
Conclusion
Uniswap remains "trapped" between growth hopes and resistance pressure. Investors and traders await a clear signal: a breakout above 7.45 USDT or confirmation of a correction. Rising trading volumes indicate interest on the part of the market, but key levels remain difficult to breakout.
The next few weeks will be decisive in determining whether UNI will return to growth targeting the range between 10 and 12 USDT, or whether it will remain sideways, with the risk of a decline towards 5.50 USDT.
