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By AI Boost, Siamak Masnavi|Edited by Aoyon Ashraf
May 31, 2025, 5:16 p.m.
- US-China trade dispute intensifies, creating ripple effects across cryptocurrency markets with UNI experiencing 10.9% volatility.
- Uniswap breaks above $6.50 resistance level, targeting $7.50 amid significant increase in trading volume and Open Interest.
- Geopolitical uncertainties prompt institutional investors to reassess digital asset allocations, with UNI whales showing mixed positioning.
The cryptocurrency market faces mounting pressure as global economic tensions escalate, with Uniswap (UNI) experiencing dramatic price swings reflecting broader market uncertainty.
UNI’s recent 10.9% price range demonstrates how geopolitical factors are directly influencing digital asset valuations, as traders navigate between risk-off sentiment and opportunistic positioning.
STORY CONTINUES BELOW
Despite challenging conditions, Uniswap has shown resilience by breaking above key resistance levels, suggesting potential stabilization after significant volatility.
Technical Analysis Highlights
- UNI experienced significant price turbulence over the 24-hour period, with a substantial range of 0.644 (10.9%) from the high of 6.589 to the low of 5.945, according to CoinDesk Research’s technical analysis data model.
- The token faced a sharp selloff during the 16:00-01:00 period, plummeting from 6.510 to 5.954, with notably high volume (4.4M) at the 01:00 low, establishing a strong volume support zone.
- A modest recovery followed, with UNI finding resistance around 6.120 and consolidating between 6.000-6.050, suggesting market indecision after the significant correction.
- In the last hour, UNI experienced a significant downward trend followed by a modest recovery.
- The token declined from 6.110 to a low of 6.017 around 13:51, establishing a key support zone with increased volume.
- A notable reversal occurred at 14:01 when UNI surged 3.6% from 6.032 to 6.054, accompanied by elevated volume (28.7K), suggesting renewed buying interest.
- The price action formed a bullish channel with resistance at 6.055 and support at 6.030, with the closing price of 6.051 indicating potential short-term stabilization after the earlier volatility.
External References
- “Uniswap Rally Loading—Here’s Why The Next Move Could Be Explosive“, NewsBTC, published May 30, 2025.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk’s AI Policy.
Siamak Masnavi is a researcher specializing in blockchain technology, cryptocurrency regulations, and macroeconomic trends shaping the crypto market. He holds a PhD in computer science from the University of London and began his career in software development, including four years in the banking industry in the City of London and Zurich. In April 2018, Siamak transitioned to writing about cryptocurrency news, focusing on journalism until January 2025, when he shifted exclusively to research on the aforementioned topics.
