Uniswap (UNI) Price Prediction 2025: Will UNI Break Out of Its Downtrend?

With the larger cryptocurrency market rebounding across the board, Uniswap’s native token – UNI – broke out from a bullish price pattern. This signaled a potential upside

Uniswap’s (UNI) native token price broke out from a bullish price pattern on 20 March, signaling a potential upside move.

The asset’s breakout came after a prolonged struggle since December 2024.

According to AMBCrypto’s technical analysis, UNI broke out from a descending triangle pattern on the daily timeframe, hitting the resistance level of $15.20 for the third time since December 2024.

However, the crypto’s history did not favor the bulls as far as this resistance level was concerned.

Hitting the resistance level 3 times in 4 months

As seen on the price chart, UNI’s last two attempts to breach this resistance level were met with strong selling pressure, leading to a price drop both times.

However, the asset’s Relative Strength Index (RSI) was at 56 at the time of writing. This indicated that the asset was not yet overbought and had room for further gains.

If UNI breaches the horizontal level and closes a daily candle above $15.50, there is a strong possibility that it could soar by 30% to hit the next resistance level of $20 in the near future.

UNI price performance and market impact

Interestingly, UNI’s performance was quite impressive over the past few days.

In fact, data revealed that the asset surged by over 16% in the last three days alone.

Furthermore, top assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) also saw significant price surges of their own.

These assets and their performances had an impact on the broader market sentiment and by extension, UNI too.

On the positive side, with an RSI of 56, UNI seemed to be well below the overbought zone – A sign that there may be enough room for further gains.

67.63% of top UNI traders bet long

At the time of writing, it appeared that traders’ interest and confidence have skyrocketed in the last 24 hours, as revealed by the on-chain analytics firm Coinglass.

In fact, Binance’s UNI/USDT long/short ratio had a reading of 2.09 – Highlighting strong bullish market sentiment among traders.

Moreover, 67.63% of top UNI traders on Binance held long positions, while 32.37% held short positions, further supporting the bullish sentiment across the market.

When combining these on-chain metrics with technical analysis, it would seem that bulls are currently dominating the asset.

Hence, they can fuel UNI’s breach of its $15 hurdle to hit their predicted target.