What to know:
- UNI price holds key support as buyers target a recovery toward $4.30 and $5.475.
- Uniswap’s RWA trading volume surpasses $2.5 billion, reaching a record monthly high.
- A weekly close above $5.475 could confirm a broader UNI trend reversal toward $45.
Uniswap (UNI) is showing recovery as buyers defend key support, while a broader trend reversal depends for the UNI price on reclaiming major resistance. Meanwhile, rising tokenized-asset activity and growing demand for tokenized equities could strengthen Uniswap’s position as a bridge between decentralized finance and traditional markets.
At the time of writing, UNI is trading at $3.48 with a 24-hour trading volume of $158.21 million and a market capitalization of $2.17 billion. Despite the 1.54% loss over the last 24 hours, the UNI price structure and RWA growth point to a bullish reversal ahead.
Source: CoinMarketCap
Also Read: UNI Price Signals Bullish Reversal as V4 Volume Growth Boosts DeFi Momentum
UNI Price Targets $45 as Bulls Defend Key Support
According to the crypto analyst Crypto Patel, the UNI price is showing good signs of recovery, yet the higher timeframe structure has been bearish so far because of continuous lower highs under multi-year descending resistance.
The demand zone at $2.20-$2.90 is still very critical, along with the $2.30 mark, which has gained importance for bulls. Holding above the zone may help in recovery, while a breakdown below $2.20 may hurt the bull case.
Source: Crypto Patel’s X Post
The bullish scenario requires the UNI price to reclaim $4.30 before challenging major resistance at $5.475.
A weekly close above $5.475 could break the long-standing lower-high structure and confirm a broader trend reversal, opening potential upside targets near $8.50, $14, $26, and $45. Conversely, losing $2.20 could expose UNI toward the $1.70 channel boundary.
Uniswap Tokenized Asset Volume Sets New Record
The data from the RWA Foundation further highlighted that Uniswap’s real-world assets have been taking off due to the fact that their monthly tokenized-assets swapping volume has crossed over the $2.5 billion mark, hitting a new all-time high.
This spike is indicative of the rising need for exposure to traditional financial tools via the blockchain mechanism, showing how relevant DeFi exchanges are getting.
Source: RWA Foundation’s X Post
Tokenized shares now surpass commodity tokens to become the biggest contributor to RWA trading on Uniswap for the very first time.
This is an indicator of the rising interest in stock tokens and equity products on the blockchain platform, which can give Uniswap a competitive advantage as a bridging link between the conventional financial world and decentralized finance.
What Comes Next?
Further action for the UNI price will be based on whether buyers can defend $2.20 and retake $4.30. A breakout through $5.475 would indicate a change in the bigger picture and set targets of $8.50, $14, $26, and $45.
On the other hand, rising interest in tokenized stocks and RWA trading may benefit Uniswap’s performance.
Also Read: UNI Price Prediction: UNI Targets $4.60 After Bullish Technical Breakout
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
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