Uniswap has surged beyond $6.90, marking a reversal from a multi-week downtrend. The relative strength index (RSI) at 56.03 indicates healthy bullish momentum, yet active user addresses fell to 296, which may impact price sustainability.
A sustained move above $8.00 is critical for further gains. If active user participation improves, it could confirm a rally toward higher targets like $10.25. However, continued decline in user engagement could test lower support levels.
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