Uniswap (UNI) Surges 25% — Is $6.50 Next?

BITmarkets Team

Aug 28, 2026

3 min read
UNISWAP
Uniswap (UNI) has emerged as one of the stronger performers in the latest crypto market rebound, climbing nearly 25% over the past week amid renewed optimism on the regulatory front as industry officials gathered at the White House. Despite heavy selling pressure across the crypto market throughout 2026, driven by geopolitical uncertainty and broader market pullbacks, UNI is now down only around 5% year to date — a relatively resilient performance compared with the sharper losses recorded by many other major crypto assets.

The latest rally has brought UNI back to an important area on the chart. While short-term price movements remain difficult to predict, several key levels could provide a clearer indication of whether the recovery has room to continue or whether another pullback could emerge.

Uniswap (UNI) technical analysis

UNI 28.8

UNIUSD - 1 Day Time Frame

UNI is currently trading around $5.40, following a strong recovery from the $3.20 support area. The token has gained considerable ground since its August low and has now reached the $5.40 support/resistance level, making this an important test for the current rally.

The $5.40 area is particularly notable because it previously acted as support earlier in the year before UNI moved below it. A sustained move above this level, followed by its successful conversion into support, could strengthen the bullish structure and indicate that buyers remain in control.

On the downside, the first major support sits around $4.20. Holding above this area could preserve the current positive structure even if UNI experiences a short-term correction. A decisive move below $4.20, however, could weaken the recovery and shift attention back toward the $3.20 support level.

Uniswap (UNI) price target

The immediate focus is on whether UNI can establish itself above $5.40. If buyers manage to maintain momentum and turn this level into support, the next significant upside target could be found around $6.40–$6.50, an area that acted as major resistance earlier in 2026.

A move toward this zone would represent another substantial advance from current prices, although increased selling pressure could emerge as UNI approaches the previous highs. Conversely, failure to hold above $5.40 could leave UNI consolidating between the $4.20 support and $5.40 resistance levels. A deeper correction could bring $3.20 back into focus.

Much of UNI's next move could also depend on broader crypto market sentiment, macroeconomic conditions, regulatory developments and geopolitical factors. For now, $5.40 represents the key level to watch: establishing support above it could strengthen the case for a move toward $6.40–$6.50, while rejection could increase the likelihood of a pullback toward lower support levels.

Crypto assets are unregulated, decentralised and highly volatile assets which entail substantial risks and you may lose all invested capital. Refer to the Disclaimers for detailed information on potential risks.

Tags: Technical Analysis
Last updated: Aug 30, 2026