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FX.co ★ Despite the potential for a correction, Uniswap still has a healthy bullish bias. Friday, August 08, 2025.

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Crypto Analysis:::2025-08-08T05:39:43

Despite the potential for a correction, Uniswap still has a healthy bullish bias. Friday, August 08, 2025.

Uniswap – Friday, August 08, 2025.

The Golden Cross condition of both EMAs and the RSI(14) in the Neutral-Bullish area indicates potential for strengthening today. However, the appearance of a Divergence on the RSI(14) with Uniswap's price movement also holds the potential for a weakening correction in the near future.

Key Levels

1. Resistance 2: 10,858.

2. Resistance 1: 10,602.

3. Pivot: 10,111.

4. Support 1: 9,855.

5. Support 2: 9,364.

Tactical Scenario

Positive Reaction Zone: If Uniswap breaks through and closes above 10.602, the cryptocurrency has the potential to continue strengthening to 10.858.

Momentum Extension Bias: If 10.858 is successfully surpassed and volatility and momentum are supportive, Uniswap could strengthen again to 11.349.

Invalidation Level / Bias Revision

Upside bias weakens if Uniswap breaks through and closes below 9.364.

Technical Summary

EMA(50): 10,116.

EMA(200): 9,768.

RSI(14): 67.08.

Fundamental Factors Driving Uniswap Price Movements:

A spike in the "Age Consumed" metric and the movement patterns of dormant tokens could trigger a price increase in the next few days for the Uniswap cryptocurrency.

Despite the potential for a correction, Uniswap still has a healthy bullish bias. Friday, August 08, 2025.

Analyst InstaForex
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