Uniswap crypto, the token powering one of DeFi’s largest decentralized exchanges, is under pressure once again. UNI price has dropped 5.46% in the past 24 hours, falling to around $6.96 after touching an intraday high of $7.40.
This drop is due to increasing regulatory pressure, a generally negative outlook in the altcoin market, and a weak technical position that struggles to maintain key support levels.
At a glance, UNI’s fundamentals haven’t changed dramatically. It still commands over $4.89 billion in TVL, handles billions in monthly DEX volume, and sees thousands of daily active wallets. However, sentiment in the DeFi sector has shifted, and Uniswap crypto is now caught in the crosshairs of both macroeconomic uncertainty and regional regulations.
Turkey’s DEX Ban Fuels Fear Across the Market
The primary trigger behind UNI’s sudden drop is Turkey’s recent ban on decentralized exchanges, which began with a block on PancakeSwap. The country’s financial watchdog, the Capital Markets Board (CMB), cited “unauthorized crypto asset service provision” and has also restricted access to other platforms like CryptoRadar.
Uniswap is not currently blocked; however, recent news suggests that other decentralized exchanges (DEXs), such as UNI and Raydium, may soon face a similar issue.
In March 2025, Turkey changed its crypto laws to require stricter licenses for all crypto platforms. This allows regulators to block services from outside the country, which puts platforms like Uniswap at risk in several areas.
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This pressure from governments is causing a change in the cryptocurrency market, making people less willing to invest in riskier assets. Bitcoin’s market share has increased to 64.59%, showing that investors are moving away from altcoins like UNI and favoring safer, more established assets.
UNI Price Prediction: Technical Breakdown Adds to Bearish Momentum
Uniswap is currently in a weak position. After briefly rising above $7.40, the price dropped below critical levels and is now under both the 7-day moving average of $7.15 and the 30-day average of $7.08. This failure to turn these averages into support adds to a negative outlook.
CentralCharts data show that the MACD histogram is negative at −0.0138, suggesting that prices may continue to decline. The RSI is at 46.44, which is not low enough to be seen as oversold. This indicates that prices may drop further before buyers enter the market.
If selling continues, the key support level to watch is about $6.43. This level corresponds to the 78.6% Fibonacci retracement from the recent low to high.
Traders should closely monitor the $6.43 support zone in the short term. If prices bounce back from this level, they may rise to $7.00. However, if the price falls below, it could drop to $6.10 or even lower.
News about new regulations, especially ones that ban Uniswap or decentralized exchanges using Ethereum, could push prices even lower.
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