- Uniswap price forecast: Uniswap’s rally gains momentum amid rising demand from retail investors and risk-weighted DEX trading volume:

Uniswap (UNI) maintains a strong bullish outlook, trading at $5.84, up more than 10% on Tuesday. The native cryptocurrency of the decentralized exchange (DEX) has posted gains for four consecutive days, supporting a robust technical structure. A breakout above $6.00 could confirm bullish control, while trading below this level may encourage profit-taking and increase the likelihood of a price correction.

Uniswap dominates trading volume in real-world asset DEXs

Uniswap continued to dominate real-world asset trading volume at 60% last week, up from 40% the previous week. Self-reported statistics indicate growing user engagement and a shift toward decentralized exchanges for real-world asset transactions.

Uniswap RWA Volume | Source: Uniswap

The increase in trading volume aligns with the broader growth of the real-world asset (RWA) sector, whose active market capitalization stands at $31 billion across 217 assets, according to DefiLlama data. If Uniswap maintains its dominance in the RWA sector, this would provide strong support for the continuation of the bullish trend.

Active RWA Market Capitalization | Source: DefiLlama

Meanwhile, the derivatives market is showing signs of steady growth, with open interest rising to 85 million UNI contracts on Tuesday, compared with 82 million contracts the previous day and 72 million contracts last Saturday. This increase supports the positive outlook for UNI as investors seek to break above $6.00.

Uniswap Futures Open Interest Information | Source | CoinGlassTechnical Analysis: Buyers control Uniswap

Uniswap is trading at $5.84, continuing a strong bullish phase after reclaiming all major exponential moving averages, indicating a strongly supported bullish structure. The descending resistance line, which was broken near $3.89, has turned into an additional base, while the Relative Strength Index (RSI) at 78 indicates overbought conditions.

At the same time, the Moving Average Convergence Divergence (MACD) supports the bullish histogram, reinforcing strong upward momentum but indicating that the advance may extend in the near term.

UNI/USDT daily chart

Initial support lies in the latest breakout zone, defined by the 50-day exponential moving average at around $4.02, followed by the 200-day exponential moving average at around $3.96, then the breakout of the descending resistance trendline near $3.89, with the 100-day exponential moving average lower at around $3.78. While the current daily chart shows no clear overhead resistance, the Relative Strength Index (RSI) indicates that UNI’s price may consolidate or correct before attempting a new upward wave, with buyers expected to emerge on pullbacks as it approaches the clustered exponential moving average support zone.
$UNI