Uniswap (UNI), the governance token for the leading decentralized exchange, has officially broken free from months of consolidation, and analysts are now predicting a significant upside.
With the Uniswap crypto price jumping over 13% in a single day and trading volumes nearing all-time highs in May 2025, market sentiment has flipped bullish.
Technical analysts and on-chain data both suggest a potential 60% rally toward the $11 level, marking a possible comeback for one of DeFi’s cornerstone assets.
Uniswap Price Breaks Out of Downtrend
The first major sign of reversal came from a confirmed breakout above a long-standing descending channel. As shared by World of Charts, $UNI successfully cleared resistance after trading within a falling wedge pattern since late 2023.
The Uniswap price broke through the $6.30–$6.50 barrier and is currently hovering around $7.06, according to CoinMarketCap.
World of Charts estimates that the breakout could target $11.61, representing a 68.5% gain from the breakout point. This aligns with another bullish pattern spotted by crypto analyst Coinvo, who charted a symmetrical triangle compression.
“Once $UNI breaks out of this triangle, it’s going straight to new highs,” they predicted on June 8, shortly before the breakout occurred.
Surge in Trading Volume Adds Conviction
Backing the bullish momentum is a key metric: Uniswap’s monthly trading volume nearly hit all-time highs in May 2025, according to Token Terminal.
The monthly chart shows Uniswap recording its second-highest monthly volume ever, only slightly below the peaks of early 2025.
This surge in activity is a bullish narrative for the Defi token. Trading volume directly fuels Uniswap’s revenue, as every swap on the DEX incurs a fee.
Increased volume typically means stronger protocol health, more liquidity, and higher fee capture, all of which positively reinforce investor confidence in the token’s long-term value.
UNI Price Outlook: $9 Next, $11 After
At press time, Uniswap crypto is trading around $7.06, with a 24-hour gain of 13.46%. Its daily trading volume has exploded to $471 million, up 164.96%, signaling real capital inflow.
If Uniswap price can consolidate above $6.80–$7.00 and maintain volume, the next immediate resistance lies near the $8.80–$9.00 zone. Beyond that, the $11 level looks like a valid technical target based on chart projections from the recent breakout patterns.
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