{"id":9090,"date":"2025-06-11T17:50:00","date_gmt":"2025-06-11T16:50:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=9090"},"modified":"2025-06-11T17:32:51","modified_gmt":"2025-06-11T16:32:51","slug":"uniswap-soars-40-new-all-time-high","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/uniswap-soars-40-new-all-time-high\/","title":{"rendered":"Uniswap Soars 40% to Hit New All-Time High : What’s Fueling the Surge ?"},"content":{"rendered":"\n

The Spectacular Rise of Uniswap<\/h2>\n\n\n\n

While most major cryptocurrencies<\/a> struggle to make gains, Uniswap<\/strong> has managed to break free from the downward trend, recording over 10% growth<\/strong> in the last 24 hours. This upward momentum has pushed the price of UNI to $8.66<\/strong>, a level not seen in 4 months.<\/p>\n\n\n\n

This outstanding performance is mainly due to a significantly increased funding rate, reaching a monthly peak of 0.013%<\/strong>. This figure indicates strong demand for long positions on UNI perpetual futures markets. <\/strong>Long position holders must pay a premium to short sellers, a sign of a strong<\/strong> bullish sentiment<\/strong>.<\/p>\n\n\n

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\"Uniswap
Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n

Moreover, the Elder-Ray<\/strong> indicator, measuring the relative strength of buyers and sellers, shows a clear dominance of buyers<\/strong>. This technical<\/a> signal further reinforces the prospect of a continued upward<\/strong> trend<\/strong> in the short term.<\/p>\n\n\n\n

Potential for Further Growth<\/h2>\n\n\n\n

With this positive momentum, Uniswap could now set its sights on the resistance level at $9.46<\/strong>, aiming to turn it into a new support level. If this bullish breakthrough materializes, the path would then be clear for a test of the $10 psychological mark<\/strong>, a level not seen since mid-February.<\/p>\n\n\n\n

However, a resurgence of profit-taking could challenge this optimistic scenario. A drop below the support at $8.07<\/strong> would erase a significant portion of recent gains, opening the door to a more pronounced decline towards $7.08<\/strong>.<\/p>\n\n\n\n

Ultimately, Uniswap’s performance, in line with technical indicators, reflects the resilience of this DeFi protocol<\/strong> in the face of a gloomy market environment. Diligent investors will closely monitor the evolution of the UNI token in the upcoming sessions.<\/p>\n\n\n\n

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Buy the Uniswap token on Bitget !<\/a><\/div>\n<\/div>\n\n\n\n

More on this topic :<\/strong><\/p>\n\n\n\n