Uniswap Price Prediction: UNI flashes a "bullish" rounded bottom pattern, which may challenge the 12-14 USD resistance level.

Uniswap (UNI) has started to attract attention again after showing strong signs of recovery, currently reported at $10.02 in the Asian early session today (25th). Crypto Assets analyst AlphaCryptoSignal believes that if the key support level holds, the chart will be ready for a breakout.

In a recent article, AlphaCryptoSignal pointed out a classic rounded bottom pattern that often appears before major trend reversals. The principle is simple: the downtrend fades, buyers gradually take control, and the UNI price curves upward, forming a bottom. According to the chart, UNI has just experienced such a movement.

The bullish pattern of UNI may lay the foundation for the next move

The rounded bottom pattern began to form in January 2025, with the price gradually creating a smooth curve bottom over several months. This curve eventually broke upwards in mid-July, with UNI breaking through the key neckline around 9.00 to 9.20 dollars.

After that, the UNI price once touched a high of $11.00, followed by a slight retreat. The current price still firmly maintains above the breakout level, which is exactly what traders are hoping for.

As long as the bulls hold the support area, a retest of the neckline or the 9-day EMA can serve as a launching pad for the next round of upward movement.

(Source: Trading View)

What does the UNI indicator explain?

The 9-day moving average is currently slightly below the UNI price, forming a short-term support level. The 50-day simple moving average (SMA) below this moving average is around $7.87, which will provide backup support if the price falls further.

The trading volume during the breakout also increased, enhancing the strength of the trend. An increase in trading volume during the breakout usually indicates that buyers are serious. If the trend continues, analysts expect the price may rise to 12-14 dollars, which aligns with the previous resistance level.

The key support level of UNI price is worth following

The UNI price has recently shown some strength, but now everyone's attention is focused on how it will handle several key levels.

The breakthrough occurring in the $9.00 to $9.20 area is still worth following. If the price maintains above this area, the bulls will be in a favorable position. If UNI can rebound above $11.00, we can expect to see the next round of upward momentum start to form.

At the same time, traders are closely monitoring for any signs of weakness. If this support level is breached, attention may shift to the $7.00 to $7.87 area as the next potential rebound zone.