Uniswap is starting to show signs of life again, and it’s not alone. A wave of activity is sweeping across Ethereum-based DeFi tokens, driven by strong rebounds on the charts and rising liquidity across the ecosystem. As UNI price climbs back toward a key resistance level, traders are watching closely for signs of a breakout.
According to Bitcoinsensus, UNI is now one of the most active tokens in terms of liquidity clusters on the Ethereum network, which could mean some real volatility ahead. At writing, the UNI price is trading at $6.35, and the trading volume is also up by over 12%.
On the technical side, things are lining up for a possible move. UNI has bounced off a familiar support zone between $3.50 and $5.50, an area that’s been holding strong since mid-2022. Every time the price drops into that range, buyers step in. That happened again this time, with the latest move pushing UNI price up to around $8.15 and printing a strong bullish weekly candle.
Source: X/ProfessorMoriarty
But even with this bounce, one big hurdle remains. UNI is still stuck under a long-term downtrend line that’s been pressing down on price since May 2021. This resistance has rejected multiple rallies, including attempts in 2023 and early 2024. Right now, price is getting squeezed between that ceiling and the support below, and if momentum keeps building, UNI could be gearing up to take another shot at breaking through.
Uniswap Technical Structure and Market Sentiment
The overall structure resembles a long-term descending triangle, with flat support and lower highs. While traditionally bearish, the repeated defense of the lower range suggests growing accumulation. If momentum builds, the token may attempt a move toward the $12–$13 resistance area.
Prominent analyst Professor Moriarty commented that UNI is “showing signs of life again” after bouncing from its defended support zone. He noted that the level continues to act as a floor where buyers step in. However, the asset remains under a major trendline that needs to be broken before any sustained move higher.
Read Also: Here’s the XRP’s Price If Ripple Captures 100% of the $300 Trillion Global Payment Market by 2030
Moreover, Bitcoinsensus shared on X that Uniswap (UNI) is currently part of a broader group of Ethereum ecosystem tokens experiencing increased liquidity activity. Alongside Ethereum (ETH), Aave (AAVE), and Arbitrum (ARB), Uniswap appears in heatmap data as having large liquidity clusters.
Live Liquidation Heatmaps — Ethereum Ecosystem As $ETH sees surging ETF inflows and leads all L1s in stablecoin deposits, the entire ecosystem is heating up.Here’s where liquidity is currently stacked $ETH $AAVE $UNI $ARB $PEPEHeavy clusters reflect… pic.twitter.com/kU2gMZeevV
— Bitcoinsensus (@Bitcoinsensus) June 4, 2025
These liquidity zones often act as magnets for price action, especially during high-volume periods. This suggests that UNI could be positioned for sharp movement if broader conditions support it.
Furthermore, market participants are monitoring two key levels. The first is the lower support zone that has held since 2022. The second is the long-term descending resistance line. A weekly close above this line could indicate a change in trend for Uniswap price.
Until then, traders are keeping close watch on volume and price strength to gauge whether this bounce will remain contained or evolve into a broader move across the DeFi sector.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Read our recent crypto market updates, news, and technical analysis here.
We recommend eToro
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading. Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. Copy trading: allows users to copy the trades of leading traders, for free. User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
The post Uniswap (UNI) Price Just Hit Its Launchpad Zone Again – Is a Parabolic Move Coming? appeared first on CaptainAltcoin.
