Key Takeaways
Uniswap (UNI) shows strong bullish momentum as it approaches a critical long-term resistance at $14.50.
Since June 2022, the price has followed an ascending trend line, with the latest rally starting in April 2025, leading to a 145% surge.
Let’s examine the charts and see if UNI can break out above $14.50.
The Uniswap price has steadily risen alongside an ascending support trend line since June 2022.
The most recent bounces (black circle) occurred in April, beginning the upward movement that is still ongoing, leading to a 145% price increase.
Throughout the rise, the Uniswap price has faced resistance at $14.50, even making an unsuccessful attempt to break out (red icon).
After creating a bullish engulfing candlestick last week, the UNI price again approaches the $14.50 horizontal resistance area.
There isn’t much resistance above the current price, so a weekly close above $14.50 could trigger a significant price increase.

Momentum indicators support the price action. The Relative Strength Index (RSI) is above 50, and the Moving Average Convergence/Divergence (MACD) is positive.
So, the Uniswap prediction is bullish, suggesting an eventual breakout is likely.
The long-term wave count is also bullish, suggesting UNI will break out and move to new highs.
UNI has completed a five-wave increase inside a leading diagonal since its cycle low in June 2022.
It is unclear if the rally was part of wave A in an A-B-C structure or wave one in a larger five-wave increase.
However, both possibilities lead to much higher prices.

In any case, Uniswap’s price started a new upward movement in April, as the token follows a steeper ascending support trend line.
If both upward movements have the same length, the price of Uniswap will reach a high near $27, close to the previously outlined $30 resistance area.
The reaction once the UNI price gets there will determine if the trend is bullish or bearish.
Uniswap has recently seen a significant user surge, primarily because of Base.
Shortly after its inception, Uniswap’s users came from Ethereum and some of its prominent Layer-2s at the time, such as Arbitrum, Polygon, and Optimism.
Base came in the scene in 2023 but started dominating in the second half of 2024.
As of July 2025, more than half of Uniswap users come from Base.

Despite this user surge, Uniswap’s TVL and Revenue are not at all-time highs.
Base currently accounts for roughly half of the protocol’s revenue, which is in line with Ethereum, despite having considerably more users.
This is because users make smaller, more frequent trades and spread liquidity across multiple chains and protocols instead of locking large amounts in one place.
High user activity reflects engagement, but it doesn’t always mean more capital is being staked long-term.

Nevertheless, the TVL and Revenue are closer to the all-time high than the price, a sign that the network is experiencing organic growth in line with the price increase.
With momentum building toward a breakout, the price of Uniswap could soon see a sharp move toward $27–$30.
On-chain data shows rising user engagement, particularly from Base, supporting organic growth despite TVL and revenue not yet hitting all-time highs.
If the $14.50 barrier is broken, Uniswap may enter a new parabolic rally.
Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.
He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.
Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.
He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.
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