CoinDesk
CoinDesk
UNI-5.19%

The cryptocurrency market is experiencing significant turbulence as Uniswap's UNI token faces intense selling pressure.

After establishing resistance at $6.780, UNI cascaded downward with multiple high-volume selling periods, breaking below critical support levels, according to CoinDesk Research's technical analysis data model.

This volatility comes as blockchain data reveals large institutional holders transferred substantial UNI positions to centralized exchanges, with two addresses moving 11.65 million tokens ($82.38M) to Coinbase Prime.

Technical Analysis Highlights

  • UNI-USD declined from $6.658 to $6.286, representing a 5.59% drop over 24 hours.
  • The token established a clear resistance level at $6.780 during the midnight hour with high volume (2.02M).
  • Multiple high-volume selling periods occurred between 05:00-07:00 and again at 10:00, with the latter seeing the highest 24-hour volume (2.43M).
  • Price broke below the critical $6.30 support level during the high-volume selling.
  • The overall trading range of $0.541 (8.12%) reflects heightened volatility.
  • In the last hour, UNI experienced extreme volatility with a dramatic price collapse from $6.387 to a low of $6.239 (2.3% drop).
  • A severe breakdown occurred at 13:33 when price plummeted 5.1% on massive volume (48.8K).
  • Even heavier selling at 13:48 (116.4K volume) drove UNI to its hourly low.
  • A notable recovery emerged in the final minutes, lifting the price back to $6.304, establishing a potential short-term support zone.

Disclaimer: This article was generated with AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy. This article may include information from external sources, which are listed below when applicable.

External References

  • "Uniswap price prediction 2025-2031: Will UNI keep steady?", Cryptopolitan, published May 15, 2025.
  • "Uniswap Price Prediction 2025, 2026 – 2030: UNI Price Hit $30 This Year?", CoinPedia, published May 15, 2025.
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.