Date: Sun, July 06, 2025 | 06:30 AM GMT
As Q3 kicks off, the cryptocurrency market continues its impressive rally from Q2. Ethereum (ETH) is leading the charge, trading near $2,550 with a weekly gain of over 3.50%. Riding this momentum, many altcoins are setting up for potentially big moves — and Uniswap (UNI) is showing one of the most promising technical structures right now.
UNI has already climbed more than 47% in the last 90 days, but what’s really turning heads is a familiar price pattern that previously led to a major breakout.
Source: Coinmarketcap
Fractal Suggests a Breakout Rally May Repeat
Looking at the daily chart, UNI’s current setup strongly resembles its price action from late 2024. During that period, UNI broke out of a falling wedge pattern and entered a period of sideways consolidation within a well-defined rectangular zone. As soon as UNI reclaimed the 200-day moving average, it triggered a powerful rally — gaining over 150% and soaring from under $7.80 to nearly $20.00, eventually testing a long-term ascending resistance trendline.
Uniswap (UNI) Daily Chart/Coinsprobe (Source: Tradingview)
Now, in mid-2025, UNI has once again broken out of a falling wedge and is trading inside a similar rectangular consolidation range just below the 200-day moving average, currently around $8.30. This fractal pattern signals that UNI may be preparing for another strong upside move, potentially mirroring its late 2024 breakout.
What’s Next for UNI?
For the bullish fractal scenario to play out, UNI must confirm a breakout above the 200-day moving average at $8.30. A successful move above this key level could open the door for a rally toward the next major resistance around $22.00, where the ascending trendline currently lies.
However, it’s equally important for UNI to hold above its 100-day moving average support, which is currently near $6.23. A breakdown below that support zone could weaken the setup and lead to a longer consolidation phase.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
