Uniswap Price Ready to Skyrocket? $11.83 Breakout Madness!

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Well, now, if you’ve got your eye on Uniswap, you’d think the charts are putting on a show fit for a circus. Them on-chain sleuths and chart whisperers are yammering about bullish formations on the 4-hour and 1-hour tickers—rising trends, demand zones that sound like they’re begging for attention, and a falling wedge that’s apparently the star of the show. All this hullabaloo points to prices maybe moseying up to higher resistances, but let’s not hold our breath; markets are trickier than a cat in a room full of rocking chairs. 😼

Volume’s jumped to a whopping $1.15 billion, and UNI‘s holding steady above $10.30—traders are glued to their screens, wondering if this buying frenzy can shove things past $11.00. If these levels don’t crumble like a stale cookie, folks are betting UNI might waltz back to that $13.80 sell wall quicker than you can say “speculation.” And the tech traders? Oh, they’re just waiting for that breakout confirmation, probably with popcorn in hand. 🍿

Ah, Analyst Crypto Joe—bless his soul—spotted a falling wedge on the 1-hour UNI/USDT chart, which he’s touting as a sign of an upside breakout. Token’s lounging around $10.575, right on the edge of this wedge, and historically, these wedges are supposed to flip bullish if volume plays along. UNI’s been poking at the upper resistance like a kid testing a fence, with some green candles adding a bit of muscle. Joe’s got his sights set on $11.83 as the breakout prize, based on the wedge’s height. Break above $10.80, and it’s off to the races toward $11.80, assuming buyers don’t get cold feet. Fingers crossed, or maybe not—markets love a good surprise. 🤷‍♂️

That $13.80 Sell Wall: A Mountain or Just a Molehill? 😠

Over on the 4-hour chart, courtesy of analyst CW, UNI’s been on an upward jaunt after busting out of some consolidation snooze-fest. Climbed from $8.20 up past $10.50, with a string of higher lows backed by decent volume. Demand zones have shuffled higher, and that $8.20–$9.40 stretch is now playing defense like a worn-out goalie. CW’s highlighted a big sell wall at $13.80, smack in a supply zone up to $15.60—could be a roadblock if sellers decide to crash the party. Traders are eyeing whether UNI can keep its chin up above $10.00 and charge toward this mess, but structure and volume better hold, or it’s back to the drawing board. 😂

UNI had a little flirtation above $11.10 recently, with volume hitting $1.15 billion during the hullabaloo, but then it got the boot back to $10.40. That spike looked promising, but it fizzled faster than a firework in a rainstorm—probably just some short-term gamblers getting excited. Now it’s propping up around $10.30, biding its time. If buyers rally and reclaim $10.80, well, that wedge target of $11.83 might not be so far-fetched, and sentiment could swing back to “why not?” But don’t bet the farm just yet; markets are as predictable as a cat’s mood. 🐱‍👤

And let’s not forget, UNI’s price is still looking perky as long as it stays above that $9.40–$10.30 support cluster—bulls are in the driver’s seat for now, or at least pretending to be. This consolidation around $10.40 might just be UNI stockpiling energy for another dash upward. Analysts are glued to volume trends and candle shapes near resistance, hoping for that golden breakout moment. If momentum kicks in, $11.83 could be on the menu, but remember, in the world of crypto, today’s hero is tomorrow’s punchline. 😏

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2025-07-22 20:23