empty
08.08.2025 07:39 AM
Despite the potential for a correction, Uniswap still has a healthy bullish bias. Friday, August 08, 2025.

Uniswap – Friday, August 08, 2025.

The Golden Cross condition of both EMAs and the RSI(14) in the Neutral-Bullish area indicates potential for strengthening today. However, the appearance of a Divergence on the RSI(14) with Uniswap's price movement also holds the potential for a weakening correction in the near future.

Key Levels

1. Resistance 2: 10,858.

2. Resistance 1: 10,602.

3. Pivot: 10,111.

4. Support 1: 9,855.

5. Support 2: 9,364.

Tactical Scenario

Positive Reaction Zone: If Uniswap breaks through and closes above 10.602, the cryptocurrency has the potential to continue strengthening to 10.858.

Momentum Extension Bias: If 10.858 is successfully surpassed and volatility and momentum are supportive, Uniswap could strengthen again to 11.349.

Invalidation Level / Bias Revision

Upside bias weakens if Uniswap breaks through and closes below 9.364.

Technical Summary

EMA(50): 10,116.

EMA(200): 9,768.

RSI(14): 67.08.

Fundamental Factors Driving Uniswap Price Movements:

A spike in the "Age Consumed" metric and the movement patterns of dormant tokens could trigger a price increase in the next few days for the Uniswap cryptocurrency.

This image is no longer relevant

Summary
Urgency
Analytic
Arief Makmur
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Trading tips for crypto market on December 4 (North American session)

Bitcoin is making every effort to break above the $94,000 level, but each time it encounters some difficulties during its rise. However, considering that each dip is actively bought

Miroslaw Bawulski 13:53 2025-12-04 UTC+2

Everything happens for a reason

Meanwhile, as Bitcoin tries to determine its next direction, American Bitcoin, a Bitcoin mining company founded by Eric and Donald Trump Jr., reported that it has recently purchased

Jakub Novak 12:33 2025-12-04 UTC+2

New Fusaka update activated on Ethereum blockchain

Bitcoin and Ethereum maintained their positions yesterday, preserving the potential for further recovery following the active sell-off observed on the first day of December this year. Ethereum received additional support

Jakub Novak 09:54 2025-12-04 UTC+2

Trading Recommendations for the Cryptocurrency Market on December 4

Bitcoin approached the $94,000 level but has not yet held a position above it. Ethereum surpassed the mark of $3,100. Amid the relative stability in the cryptocurrency market, BlackRock issued

Miroslaw Bawulski 07:25 2025-12-04 UTC+2

Cryptocurrency as new form of property in UK

As the cryptocurrency market prepares for a new rally, as evidenced by the sharp rise in the fear and greed index, the regulation of cryptocurrencies in the UK has reached

Jakub Novak 13:24 2025-12-03 UTC+2

Bitcoin proves its resilience

Yesterday, Bitcoin surged more than 8%, recovering all the losses from the previous day, and today it has reached the $93,800 mark, clearly aiming for a return to the $100,000

Jakub Novak 09:57 2025-12-03 UTC+2

Trading Recommendations for the Cryptocurrency Market on December 3

Bitcoin has recovered all losses from the previous day and reached a monthly high, trading around $94,000 at the time of writing. Ethereum has also broken above $3,000. The sharp

Miroslaw Bawulski 07:58 2025-12-03 UTC+2

Bitcoin licking its wounds

After yesterday's major sell-off, Bitcoin has dropped to around $84,000, and the market is currently undergoing a correction that could evolve into something more interesting, provided there is at least

Jakub Novak 15:33 2025-12-02 UTC+2

Bitcoin confidently bounces back from $84,000

Bitcoin updated its price to $83,800 yesterday but then made a strong rebound back to around $87,000, where it is currently trading. Ethereum also managed to recover some positions after

Jakub Novak 08:30 2025-12-02 UTC+2

Recommendations for Trading in the Cryptocurrency Market on December 2

Bitcoin continues to fluctuate. Yesterday's update, hitting $84,000, was met with active buying; however, how long this will last is a rather complicated question. The market remains in a bearish

Miroslaw Bawulski 08:03 2025-12-02 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.