Uniswap (UNI) Breaks $10 Barrier as Whale Accumulation Drives Multi-Month Rally

Quick Take

• UNI currently trading at $10.03 (-2.37% in 24h) • Uniswap's RSI at 62.89 suggests continued bullish momentum without overbought conditions • Massive whale accumulation, including 5.41 million UNI withdrawal from Binance, triggered 15% rally

What's Driving Uniswap Price Today?

The UNI price surge over the past week stems from extraordinary whale activity that began on July 18, 2025. A significant withdrawal of 5.41 million UNI tokens from Binance sparked a 15% rally, pushing the UNI price from previous levels to $10.25. This whale accumulation pattern continued through July 21, when Uniswap broke through the critical $10.00 resistance barrier, reaching multi-month highs of $10.34.

The sustained buying pressure from large holders indicates institutional confidence in Uniswap's prospects. Unlike typical pump-and-dump scenarios, this accumulation pattern suggests strategic positioning rather than speculative trading. The fact that whales are removing tokens from exchanges reduces available supply, creating favorable conditions for continued UNI price appreciation.

Current market data shows the UNI/USDT pair trading within a $9.62-$10.53 range over the past 24 hours, with substantial volume of $119.6 million on Binance spot markets supporting the price action.

UNI Technical Analysis: Strong Bullish Signals Emerge

Uniswap technical analysis reveals multiple indicators confirming the bullish trend. The UNI RSI reading of 62.89 sits comfortably in neutral territory, indicating room for further upside without immediate overbought concerns. This positioning suggests the rally has more legs before encountering momentum exhaustion.

The moving average structure strongly favors bulls, with UNI price trading above all major moving averages. Uniswap's 7-day SMA at $10.39 provides immediate support, while the 20-day SMA at $9.20 offers stronger backing. Most significantly, the 50-day and 200-day SMAs have converged around $7.96 and $7.85 respectively, creating a powerful support foundation.

UNI's MACD histogram shows a positive 0.0409 reading, confirming bullish momentum remains intact. The MACD line at 0.7853 trading above its signal line at 0.7443 validates the uptrend continuation. Stochastic indicators at 52.76 (%K) and 55.83 (%D) suggest neutral momentum with potential for renewed buying pressure.

Uniswap Price Levels: Key Support and Resistance

Based on Binance spot market data, Uniswap support levels are clearly defined at $7.21 for immediate support and $5.82 for strong support. The current UNI resistance stands at $11.69, representing both immediate and strong resistance levels. Recent technical analysis reports suggest a potential rise to $13.00 if UNI successfully breaks above current resistance.

The Bollinger Bands configuration shows UNI trading at 0.6907 between the bands, with the upper band at $11.36 providing near-term resistance targets. The middle band at $9.20 aligns with the 20-day SMA, reinforcing this level as critical support.

UNI's Average True Range of $0.80 indicates moderate volatility, suggesting controlled price movements rather than erratic swings. This stability supports the thesis of institutional accumulation driving price action.

Should You Buy UNI Now? Risk-Reward Analysis

For swing traders, the current UNI price of $10.03 offers an attractive entry point with clear risk parameters. Stop-loss levels should be placed below $9.20 (20-day SMA support), providing a manageable 8% downside risk. Upside targets include the immediate resistance at $11.69 (16% gain) and the technical projection at $13.00 (30% gain).

Day traders can capitalize on the $9.62-$10.53 trading range established over the past 24 hours. The high volume of $119.6 million ensures adequate liquidity for position entries and exits.

Long-term investors should note UNI's distance from its 52-week high of $18.60, suggesting significant upside potential if the whale accumulation trend continues. However, the 52-week low of $4.78 reminds traders of the cryptocurrency's volatility profile.

Risk-averse traders might wait for a pullback to Uniswap support levels around $9.20 for better entry positioning, though the strong whale demand could prevent such corrections.

Conclusion

UNI price action over the next 24-48 hours will likely test the $11.69 resistance level, with whale accumulation providing underlying support. The combination of positive technical indicators, including UNI RSI in neutral territory and bullish MACD signals, suggests continued upward pressure. Traders should monitor volume patterns and whale activity for confirmation of the breakout above $11.00, which could trigger the technical target of $13.00 identified in recent Uniswap technical analysis reports.