Uniswap’s UNI is trading just below a key breakout line as on-chain activity remains firm and leveraged traders continue to add positions.
UNITED detained near $5.6 on January 14, with markets retesting the $5.7 region after last week’s pullback.
The token has struggled to return to the range between $5.50 and $5.60, which traders have treated as a short-term ceiling.
This slow move comes after UNI fell below $5.72 in early January. This level marked the lower limit of a December range.
DISCOVER: Next 1000X Crypto – Here are 10+ crypto tokens that can hit 1000x this year
UNI Price Prediction: Is Uniswap (UNI) forming a base after weeks of decline?
CoinGlass data shows UNI futures open interest at around $411 million, with futures trading volume at around $423 million in the last 24 hours.
Traders appear active, even as spot prices struggle to regain lost ground.
On-chain data shows that Uniswap is still leading in decentralized spot trading. ChallengeLlama data shows Uniswap’s DEX volume at around $1.9 billion over the past 24 hours, the highest among major platforms.
Fees held up even as UNI’s price moved sideways. DefiLlama data for Uniswap v3 shows around $1.0 million in fees in the last day and around $6.1 million over the past week.
The protocol’s actual revenues are much lower. This discrepancy reflects how most fees are paid to liquidity providers, not the protocol itself.
The short-term picture is mixed. In the US, Bitwise has filed several single-asset “strategic” ETFs, including one linked to SEC-based UNI. deposits and previous reports.
It remains unclear whether these filings turn into approvals or spark new demand.
DISCOVER: 15+ Coinbase Lists to Watch in 2026
Is Uniswap (UNI) stabilizing after defending the $5.50 support zone?
Uniswap (UNI) is starting to stabilize after weeks of price weakness, based on the UNI/USDT 4-hour chart dated January 13.
According to Tradingview data, the token is trading near $5.68 after holding the $5.50 to $5.60 support zone several times. This area served as a floor during an extended period of lower highs that began when UNI slipped from the $9-$10 range in November.
UNI is still in a broader downtrend. The price remains below the 50 and 100 period EMAs, both of which continue to decline.
But the distance between price and these moving averages is narrowing, showing that sellers are losing strength. A clear move above $5.80 to $6.00 would be the first sign of a near-term change.
Dynamics signals are mixed but improving. The RSI is hovering around 66 after climbing from mid-levels. There is no overbought yet, leaving the possibility of an upward surge if trading volume increases.
For now, UNI is stuck in a tight range between support at $5.50 and resistance at $5.90. A breakout to one side or the other will likely set the tone for the next move.
DISCOVER: 10+ Next Cryptos to 100X in 2026
Key takeaways
-
Uniswap (UNI) is starting to stabilize after weeks of price weakness.
-
UNI is still in a broader downtrend. The price remains below the 50 and 100 period EMAs, both of which continue to decline.
Uniswap (UNI) Post Tests Key Resistance: Is a 30% Rally Imminent? appeared first on 99Bitcoins.
