Uniswap’s road to $8 – here’s how to examine the mixed signals on the charts

Uniswap’s price has experienced significant volatility, dropping from a high of 19.47 USD to a low of 4.55 USD in early 2025. Despite this, there has been a trend toward recovery since mid-May, with critical support levels being maintained.

Transaction counts for Uniswap tokens increased significantly since mid-April, indicating a rise in demand. However, trading volumes saw a decline in early July, suggesting a potential market instability.

Conflicting signals from Futures and spot markets make price predictions challenging. Traders may consider entering once Uniswap reaches the 8 USD support level, though caution is advised due to the risks of potential bearish reversals.

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