Summary Uniswap (UNI-USD) breaks out above long-term resistance between $7.50 and $8.10. RSI at 75 confirms strong momentum despite short-term overbought signals. Record $20.41 million inflow marks renewed investor confidence in DeFi. By Ashutosh Sureka Uniswap ( UNI-USD ) is trading at $8.47, up 26.2% in the last 24 hours, marking one of its strongest single-day performances in 2025. The market cap has surged to $5.34 billion, accompanied by an explosive 24-hour trading volume of $3.42 billion. The wide intraday range between $6.72 and $9.93 reflects extreme volatility driven by renewed speculative interest and heavy institutional participation. Uniswap price dynamics (Source: TradingView) Technical structure analysis UNI has achieved a decisive breakout from a multi-month consolidation range. The token now trades above all major exponential moving averages, with the 20 EMA at $8.36, 50 EMA at $7.53, 100 EMA at $6.85, and 200 EMA at $6.34. This alignment confirms a fully established bullish structure. RSI at 74.56 suggests overbought conditions but remains consistent with a strong continuation phase typical of early breakout cycles. The next resistance sits near $10.20, while support has shifted upward to $8. A sustained daily close above $8.60 could propel UNI toward $11, whereas failure to hold above $8 may result in short-term consolidation near $7.20 before trend resumption. Network flows and positioning On-chain data from Coinglass recorded a substantial net inflow of approximately $20.41 million on November 11 - the largest daily positive flow since June. This surge coincided with a sharp rotation into DeFi tokens, highlighting renewed appetite for decentralized exchange assets. The simultaneous rise in both price and market cap confirms genuine buying activity rather than leveraged positioning. The scale of these inflows and the depth of spot accumulation suggest that large investors and funds are re-entering UNI as a key beneficiary of the sector’s renewed momentum. Market sentiment and fundamentals Investor sentiment has turned decisively bullish following Uniswap Labs’ proposal to activate the long-anticipated fee switch. Under the new “UNIfication” framework, 0.05% of swap fees would be redirected toward UNI burns and holder rewards - transforming the token from a pure governance asset into a yield-bearing one. The proposal also includes an immediate burn of 100 million UNI from the treasury, reducing circulating supply by nearly 16%. This shift toward deflationary tokenomics positions Uniswap alongside leading DeFi protocols adopting supply-tightening models. The upgrade has not only strengthened investor confidence but also reignited interest in DeFi as a sustainable yield ecosystem. Short-term outlook Uniswap’s short-term outlook remains bullish with technical, on-chain, and fundamental alignment. Sustaining above $8.60 will be crucial for validating the breakout and targeting the $9.50-11.00 range. While RSI suggests limited upside before a cooling phase, the depth of inflows and the transformational nature of the fee switch proposal provide a strong foundation for continued momentum. Traders should watch for potential intraday volatility as the market digests this move, though overall structure points to strength rather than exhaustion. In earlier analysis, Uniswap’s rally above $7 marked the start of a reversal phase . The latest surge, driven by historic inflows and a structural supply reduction plan, confirms UNI’s transition from a governance token to a deflationary yield asset, potentially establishing a new price floor above $8.00. This material may contain third-party opinions; none of the data and information on this webpage constitutes investment advice according to our Disclaimer . While we adhere to strict Editorial Integrity , this post may contain references to products from our partners. Original Post
