Uniswap Breaks $10 as Whale Accumulation Drives 15% Rally to Multi-Month Highs
The post Uniswap Breaks $10 as Whale Accumulation Drives 15% Rally to Multi-Month Highs appeared on BitcoinEthereumNews.com. Timothy Morano Jul 21, 2025 01:59 UNI price surges to $10.34 following massive whale accumulation and 72.95B dormant token movement, with technical indicators pointing to potential $11+ breakout. Quick Take • UNI currently trading at $10.34 (+0.78% in 24h) • Uniswap’s RSI at 69.79 signals strong momentum without overbought conditions • Whale accumulation of 5.41M tokens drove 15% surge to $10.25 on July 18 What’s Driving Uniswap Price Today? The UNI price rally continues to build on the foundation established during last week’s explosive movement. The most significant catalyst came on July 18, when Uniswap experienced a remarkable 15% surge to $10.25, primarily driven by substantial whale accumulation activity. Notably, whales withdrew 5.41 million UNI tokens from Binance, signaling strong institutional confidence in the protocol’s future prospects. This whale activity follows an even more dramatic event from July 12, when Uniswap’s network witnessed an unprecedented movement of 72.95 billion previously dormant UNI tokens. This massive activation coincided with a 20% price increase that brought UNI to $7.69, establishing the momentum that continues to propel the token higher. The technical foundation for this rally was set on July 9, when Uniswap attempted a crucial breakout above the $7.56 resistance level—a barrier that had held since March 2025. The successful breach of this level has opened the door for the current price appreciation toward the next major resistance at $14.02. UNI Technical Analysis: Strong Bullish Signals Emerge Uniswap technical analysis reveals a compelling bullish setup across multiple timeframes. The UNI price currently sits well above all major moving averages, with the token trading at $10.34 compared to the 20-day SMA of $8.58 and the 50-day SMA of $7.63. This positioning indicates sustained upward momentum and confirms the strength of the current trend. UNI’s RSI…
The post Uniswap Breaks $10 as Whale Accumulation Drives 15% Rally to Multi-Month Highs appeared on BitcoinEthereumNews.com.
Timothy Morano Jul 21, 2025 01:59 UNI price surges to $10.34 following massive whale accumulation and 72.95B dormant token movement, with technical indicators pointing to potential $11+ breakout. Quick Take • UNI currently trading at $10.34 (+0.78% in 24h) • Uniswap’s RSI at 69.79 signals strong momentum without overbought conditions • Whale accumulation of 5.41M tokens drove 15% surge to $10.25 on July 18 What’s Driving Uniswap Price Today? The UNI price rally continues to build on the foundation established during last week’s explosive movement. The most significant catalyst came on July 18, when Uniswap experienced a remarkable 15% surge to $10.25, primarily driven by substantial whale accumulation activity. Notably, whales withdrew 5.41 million UNI tokens from Binance, signaling strong institutional confidence in the protocol’s future prospects. This whale activity follows an even more dramatic event from July 12, when Uniswap’s network witnessed an unprecedented movement of 72.95 billion previously dormant UNI tokens. This massive activation coincided with a 20% price increase that brought UNI to $7.69, establishing the momentum that continues to propel the token higher. The technical foundation for this rally was set on July 9, when Uniswap attempted a crucial breakout above the $7.56 resistance level—a barrier that had held since March 2025. The successful breach of this level has opened the door for the current price appreciation toward the next major resistance at $14.02. UNI Technical Analysis: Strong Bullish Signals Emerge Uniswap technical analysis reveals a compelling bullish setup across multiple timeframes. The UNI price currently sits well above all major moving averages, with the token trading at $10.34 compared to the 20-day SMA of $8.58 and the 50-day SMA of $7.63. This positioning indicates sustained upward momentum and confirms the strength of the current trend. UNI’s RSI…
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