Uniswap’s UNI token is testing a critical resistance level at $5.475 following a rally of approximately 130% from a prior accumulation zone. A weekly close above this barrier could trigger a broader bullish reversal, with targets including $8.50, $14, $26, and eventually $45. Conversely, rejection at this level risks a pullback toward the $2.90–$2.20 demand range. Meanwhile, Uniswap’s deployment on the Robinhood Chain has processed $1.5 billion in tokenized stock volume over roughly six weeks, signaling growing adoption of real-world assets onchain and expanding the protocol’s utility beyond traditional crypto trading.
Uniswap’s UNI token is testing critical resistance at $5.475 following a rally that has generated approximately 130% gains from a previously identified accumulation zone. According to crypto analyst Crypto Patel, a weekly close above this level could signal a major trend shift, with potential targets at $8.50, $14, and $26, eventually reaching $45.
At the time of writing, UNI is trading at $5.12 with a 24-hour trading volume of $537.6 million and a market capitalization of $3.19 billion. Despite a 4.29% loss over the last 24 hours, the price structure and network growth point to a potential bullish reversal.
Rejection at $5.475 could lead to further bearish momentum, with the critical demand range standing at $2.90–$2.20. A close below $2.20 on the higher timeframe would negate the bullish outlook and push the price toward $1.70.
Data from Token Terminal highlights that Uniswap’s deployment on the Robinhood Chain has processed $1.5 billion worth of trading volume for tokenized stock tokens in approximately six weeks. This milestone demonstrates the growing demand for onchain access to traditional assets and the role of blockchain technology in facilitating such trading.
The adoption of tokenized real-world assets opens new possibilities for DeFi protocols through trades, issuers through improved distribution, and blockchains through network traffic. A break above the $5.475 resistance could boost bullish momentum, while failure would likely trigger a sell-off toward the $2.90–$2.20 support zone.
