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The price of Uniswap (UNI) rose along with most other main currencies, since the cryptocurrency market recorded a decent bullish turn.
According to Coinmarketcap data, the price of UNI had risen 11% in the last 24 hours at the time of writing this article, May 26, 2025.
The native token of the decentralized exchange platform shot at a maximum of $ 6.63, compared to the minimum of $ 5.91.
UNI’s profits during Monday’s first operations reflected the two -digit profits for multiple coins, including Jupiter (JUP) and virtual protocol (virtual).
The XRP price also rose slightly, since the main Altcoins seemed to bounce.
Uniswap’s price rises 11% as cryptocurrencies rise
After having quoted at least 5.70 dollars on May 20, 2025, the price of UNI became bullish to reach maximum $ 6.73 on May 23.
However, with Bitcoin retreating from maximums of USD 111,970 in the middle of the profits, Uniswap cut the profits to be around USD 5.90.
Since then, the bulls have reflected the BTC profits to exceed USD 6, with a volume of operations in 24 hours of USD 310 million, which shows an increase in commercial activity.
The increase in volume comes with a 60%peak, which is significant since the price of UNI rises together with the main winners, such as Jupiter and Virtual Protocol.
The ICRYPTOAI ON-CHAIN data shared in X highlights an increase in whale activity around UNISWAP.
According to the information platform, the whales have collected more than $ 300,000 in UNI in just six hours.
In comparison, whales have collected more than 159,000 for Virtuals Protocol.
Recently, an Ethereum whale bought USD 13 million in UNI, as shared by the TED cryptocurrency investor in publication X below.
Ethereum Whale Bought $ 13,000,000 $ Uni.
Uniswap = Defi Summer Loading? ✌🏼 pic.twitter.com/fphgyaxu3x
– Ted (@Tedpillows) May 23, 2025
Uni price: will the bullies recover the USD 10?
In recent weeks, Uniswap has shown remarkable market resistance. For example, UNI’s current rebound comes from a double textbook floor for the Altcoin.
After breaking the resistance in the USD 5.76 and USD 6.30, the bulls seek to strengthen after a new technical test of the previous obstacle as support.
With the bullish impulse intact as the relative force index points out above 57, the tail winds that help the purchase side pressure could be massive for an upward trend.
However, the MACD indicator (Moving Avenge Convergence Divergence) in the daily chart suggests weakness.
The MACD line crosses below the signal line. In the market, traders see this indicator as a sign that bassists are still at an attack distance, which could be visible through a new fall.
If the price of UNI continues to rise, it faces the first key obstacle around $ 7.5. Above it, there is the psychological zone of 10 dollars.
On the negative side, USD 5.8 is a key support level, and USD 4.7 is also crucial to the bulls.
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