Uniswap Defies Market Sell-Off: Here’s Why It’s the Best Crypto to Buy Now

Uniswap's UNI token is rallying against the grain—while major cryptos bleed, this DeFi blue chip is posting double-digit gains. Here's what's fueling the surge.

Whales are accumulating, governance upgrades are live, and volume is spiking. Retail traders chasing the pump might want to check the order books first—unless they enjoy buying the top.

Uniswap (UNI) Could Rise to $12 If It Stays Above This Level

The daily price action shows that the token broke out of a descending price channel that had been forming since mid-August and is now retesting the upper bound of that channel from above.

If UNI stays above this key line, it could rise rapidly toward the $10 level again and even $12 in the mid-term if bullish momentum continues.

Market sentiment is at an extreme low, as indicated by the Fear and Greed Index. When investors get this pessimistic, the odds of a rebound increase as the “smart money” comes in to scoop up assets at a low price.

The Relative Strength Index (RSI) favors a bullish outlook as the token has jumped above its 14-day moving average and the mid-line as well.

The price must also overcome the 200-day exponential moving average (EMA) to keep climbing. This is a key line observed by many market participants that could act as strong resistance if bears remain in control of the price action.

A break below $7 would invalidate this bullish outlook and could push UNI back into the channel. In that case, a bearish target could be set at $5.

Apart from Uniswap, a new meme coin presale called Maxi Doge ($MAXI) has attracted investors’ attention lately and has raised over $4 million to develop a community of like-minded risk-taking traders who want to make this bull market their ticket out of mom’s basement.

Maxi Doge ($MAXI) Presale Builds a High-Energy Trading Community

Maxi DOGE ($MAXI) takes the iconic doge meme and mixes it with the fast-paced world of meme coin trading.

Holding $MAXI gives users access to an exclusive community where retail traders can share strategies, compare high-risk plays, and level the playing field with whales.

The project also introduces weekly trading competitions and themed challenges like Max Ripped and Max Gains, adding a gamified LAYER that keeps the community active. Top scorers are rewarded with meme coins and bragging rights.

In addition, up to 25% of the presale’s proceeds will be invested in marketing to make Maxi Doge known.

To buy $MAXI and join the pump, simply visit the official Maxi Doge website, and connect your wallet. You can either swap USDT or ETH for this token or use a bank card to complete the transaction.

The post Best crypto to Buy Now: Uniswap Climbs Despite Sell-Off – What’s Fueling the Rally? appeared first on icobench.com.