The post Uniswap (UNI) Surges Above $11 as Whale Accumulation Powers 8-Month High Rally appeared on BitcoinEthereumNews.com.

Darius Baruo
Aug 17, 2025 08:12

UNI trades at $11.10 (+1.19%) after hitting an 8-month high of $13.77, driven by massive whale accumulation and broader crypto market recovery momentum.

Quick Take • UNI currently trading at $11.10 (+1.19% in 24h) • Uniswap’s RSI at 57.74 shows neutral momentum with room for upward movement • Recent 16.89% surge to 8-month high of $13.77 driven by crypto market rally and whale activity What’s Driving Uniswap Price Today? Uniswap has experienced remarkable bullish momentum over the past week, with the UNI price reaching an impressive 8-month high of $13.77 on August 16, 2025. This surge represented a substantial 16.89% gain in just 24 hours, positioning UNI as one of the standout performers during the broader cryptocurrency market rally. The rally’s foundation was established on August 11, when the UNI price jumped 15% to $10.25, breaking through significant resistance levels. This initial surge was primarily attributed to substantial whale accumulation and the activation of dormant tokens, signaling renewed institutional interest in Uniswap’s native token. The broader cryptocurrency market recovery, led by Bitcoin’s resurgence, has created favorable conditions for altcoins like UNI. As market sentiment improved across the crypto ecosystem, investors have shown increased appetite for established DeFi protocols, with Uniswap benefiting significantly from this trend shift. UNI Technical Analysis: Strong Bullish Signals Emerge The Uniswap technical analysis reveals a compelling bullish setup across multiple timeframes. UNI’s RSI currently sits at 57.74, placing it in the neutral zone with substantial room for upward movement before reaching overbought conditions. This positioning suggests the recent rally may have more fuel in the tank. Uniswap’s moving average structure strongly supports the bullish narrative. The UNI price is trading well above its 20-day SMA at $10.38 and significantly above the 50-day…

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Filed under: News - @ August 17, 2025 8:27 am