The Uniswap price today is trading near $6.83, showing fresh signs of momentum following a strong recovery from May lows near the $5.65 level. UNI has pushed into the upper boundary of a multi-week symmetrical triangle and is attempting to sustain a breakout above the $6.90 resistance zone. Market volatility remains elevated, but technical indicators suggest that Uniswap price action may be preparing for a broader bullish extension into mid-June.
What’s Happening with Uniswap’s Price?
UNI began June with a quiet consolidation phase, but buyers stepped in aggressively near the $6.40 mark, triggering a breakout above short-term trendline resistance on the 4-hour chart. The move was supported by a bullish crossover in the MACD and an RSI bounce from the mid-50s into the 63–65 zone, reflecting a rise in momentum.
Notably, the Uniswap price has climbed above the 20/50 EMA cluster and is trading within the upper Bollinger Band channel, a structure often associated with bullish trend continuation. Additionally, Stoch RSI on the 30-minute chart is pushing above 75, suggesting conti…
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