Uniswap (UNI) continues to maintain its rising pace with firm support around the $10.00 region. On July 27, 2025, the price of the altcoin rose to $10.64, up 2.1% from the previous 24 hours. The upswing is the aftermath of corrections seen in the recent past as buying interest resumes.
The price chart for the day solidifies the bullish configuration of UNI/USD. Green candlesticks are prevailing, indicating persistent buying pressure. Volatility is reduced slightly with the Bollinger Bands tightening, reflecting the reduced distance between the bands. Resistance is the upper Bollinger Band at $11.50 and support is the lower one at $7.58, reflecting distinct boundaries for the trade.
Relative Strength Index is currently at about 68.53, close to the overbought zone but not yet in it. The chart for the RSI is uptrending with increasing momentum. If the purchasing pressure persists, more stability and upward momentum are poised for the short term for the market.
Major supports and price pattern
Crypto Chiefs identifies on the 4 hour chart a horizontal support area around $9.90. The level acted as a pivot level forming a local double-bottom pattern as it triggered the short-term rally. Re-take of $10.20 reaffirms buyers holding onto this critical zone as sellers back off.
This symmetrical candlestick pattern around this support implies balanced supply and demand with a slight bullish leaning. Price demand between $8.90 and $9.40 is untouched and might act as fallback support should the price decline below $9.90. Analysts pay close attention to these zones of liquidity as they believe they are decisive for subsequent price reactions.
As long as Uniswap is above this neckline support level, the short-term bullish setup is good. Moreover, the technical setup is bearish on testing the resistance level between $11.80 and $11.00 short term, causing buying pressure for higher potential.
Uniswap signals potential for further gains
If the RSI and the trading volume are up and the UNI remains north of the $10.30-$10.50 zone, there is the possibility of bouncing back to the former high around $11.929. There is always the need for the traders to monitor possible RSI divergence or decline in the volume as they are indications of the weakening of the momentum or the trend losing steam.
The prospects for Uniswap are bullish until the appearance of such signs with the assistance of strong demand and suitable technical levels. Further observation of primary indications will allow the trader to recognize the changes of the trend continuity or their sharp upsurges.
