ALTCOIN ANALYSIS: UNISWAP
$UNI has finally broken out of its 42-day downtrend and retested the key $7.80 resistance level. However, this is the third time price has faced rejection at this level.
A clean breakout above $7.80 is needed to confirm for a bullish momentum.
Currently the price is testing the lower range support at $6.70. If this breaks, the next level to watch is $5.8
Bullish sign: The Daily MACD has already made a bullish crossover, suggesting that momentum is gradually shifting in favor of buyers.
Key levels to watch:
- Resistance: $7.80
- Support: $6.70–$5.80
Good Fundamental key points to consider:
- Largest DEX by cumulative volume (over $4 trillion historically)
- Protocol fees now live and generating real revenue
- Fees are used to burn UNI
- ~$28M protocol revenue in first half of 2026, with higher months since
- Active across multiple chains including Ethereum, Base, and Robinhood Chain
- Institutional access improving (e.g. BlackRock BUIDL via UniswapX)
- TVL around $3.5 billion
#Market_Update #crypto #UNI #analysis #BitcoinFiveWeeklyLosses
$UNI
$XRP
$UNI has finally broken out of its 42-day downtrend and retested the key $7.80 resistance level. However, this is the third time price has faced rejection at this level.
A clean breakout above $7.80 is needed to confirm for a bullish momentum.
Currently the price is testing the lower range support at $6.70. If this breaks, the next level to watch is $5.8
Bullish sign: The Daily MACD has already made a bullish crossover, suggesting that momentum is gradually shifting in favor of buyers.
Key levels to watch:
- Resistance: $7.80
- Support: $6.70–$5.80
Good Fundamental key points to consider:
- Largest DEX by cumulative volume (over $4 trillion historically)
- Protocol fees now live and generating real revenue
- Fees are used to burn UNI
- ~$28M protocol revenue in first half of 2026, with higher months since
- Active across multiple chains including Ethereum, Base, and Robinhood Chain
- Institutional access improving (e.g. BlackRock BUIDL via UniswapX)
- TVL around $3.5 billion
#Market_Update #crypto #UNI #analysis #BitcoinFiveWeeklyLosses
$UNI
$XRP
