Uniswap price jumps 20% as UNI hints at massive breakout
Uniswap price reached highs of $10.99 on May 25, rising more than 20% in 24 hours. UNI gained amid whale activity, Ethereum ecosystem developments and Uniswap Labs’ response to SEC’s Wells Notice. The technical picture also hints at a breakout that could push UNI price to $15.40 and towards $2. Uniswap price jumped more than 20% in 24 hours to trade at $10.99, its highest level since early April. A bullish outlook suggests increased buying pressure could push UNI towards highs of $15.40 reached in March. Uniswap price and the ETH ecosystem UNI is the native token of the leading DEX platform, likely one of the top beta plays around the spot Ethereum ETF approval. On Friday, Uniswap price defied marketwide consolidation, with the price of Ethereum (ETH) hovering above $3,700. As most altcoins looked to bounce off key support levels, UNI price rose more than 20% to touch a multi-week peak of $10.95. This comes as whales increasingly withdraw UNI ...