UNI Smashes Resistance: Rally Ignites FOMO Among Traders

Uniswap’s governance token just ripped through key price levels—and the crypto crowd is losing its mind.

Here’s why degens are scrambling:

• UNI surged 30% in 48 hours, flipping bears into bullish believers

• Liquidity pools swelling as yield farmers chase the pump

• Technicals suggest more upside... until the next ’rug pull’ (we kid—mostly)

Wall Street analysts still call it ’speculative garbage’ while quietly accumulating positions. Classic.

Second Parabolic Rally Signal in UNI Coin’s Price

Following the first parabolic rise in UNI coin’s price chart, a consolidation phase gave way to a new “cup” formation. Experts concur that the combination of band narrowing and increasing buy orders could propel the price above $12 soon. Notably, the persistent demand for liquidity pools helps maintain limited selling pressure despite short-term price fluctuations. The previous neckline at $19.5 emerges as an interim target, and the gradual climb in spot volume could trigger upward volatility.

The recent accumulation of UNI coins in large investor wallets over the past two weeks bolsters the bullish scenario. On-chain data reveals that network activity has increased proportionally with the price, similar to the first wave rally.

With the Weekly Relative Strength Index (RSI) not yet entering the overbought zone, there is no significant momentum barrier for a potential breakout. Analysts believe that if the psychological $10 barrier is decisively surpassed, $15 could be swiftly tested, and $20 might enter the discussion by the quarter’s end.

V4 Update and Unichain’s Growth Plan Bolster the Rise

Uniswap Labs’ V4 version aims to provide a competitive edge to the ecosystem with customizable liquidity pools and reduced transaction fees. Developer documentation reveals that V4’s code optimizations, which improve energy efficiency, will lower operational costs. Consequently, demand for UNI coins is expected to rise, and the protocol’s total value locked (TVL) metric is moving upwards.

The Unichain initiative targets transforming a multi-blockchain structure into a single-click accessible ecosystem. This change will simplify network-to-network transfers for investors, minimizing liquidity disruptions. Experts argue that Unichain’s implementation will lead to a multiplier effect in transaction volume, supporting the price of the altcoin UNI. In the long run, expanding governance votes and fee-sharing mechanisms could strengthen UNI as both a reserve asset and a governance tool.