Uniswap $UNI Price Analysis

Uniswap has shown resilience in its price action despite recent lawsuit concerns, continuing its upward trajectory in the current session. Last week, UNI experienced a slight dip at the start, followed by a 3% gain on Tuesday, closing at $7.09 amid volatility. However, Wednesday saw a sharp 7% decline, with the price falling below $7 to settle at $6.60. The bearish trend continued on Thursday, with a further 6% drop, ending at $6.22. On Friday, UNI hit an intraday high of $6.46 but lost momentum, closing down 2.42% at $6.07.

The bearish pressure intensified on Saturday, with UNI dropping nearly 6% to settle below $6 at $5.73. A recovery followed on Sunday, with a 7% surge reclaiming the $6 level, closing at $6.12. On Monday, selling pressure pushed UNI to an intraday low of $5.66, but it recovered to close at $5.93, down 3.03%. Tuesday brought a modest 1.36% gain, with UNI settling at $6.01. The upward momentum continued on Wednesday, with a 3.51% increase to $6.22 after hitting an intraday high of $6.58. In the current session, UNI is trading at $6.44, up 3.52%.