UNI and PEPE Price Jumps Spark Bullish Sentiment Amid Crypto Rally

The crypto market has been on an upward trend, and some top coins are seeing significant price jumps. Uniswap (UNI) token price has jumped from a low of $2.31 in June to a high of $10.90 last month, coinciding with the ongoing crypto market rally.

DeFi Llama data shows that UNI's volume jumped to over $93 billion, its highest level since October last year, and it formed a cup-and-handle pattern, which is a common continuation sign in technical analysis.

UNI has also formed a golden cross pattern, with the 50-day moving average crossing above the 200-day moving average. This bullish signal points to further price increases, with key targets at $10.26 and then $15.

Meanwhile, Pepe Coin (PEPE) price has jumped from a low of $0.0000022 on July 1 to its current level of $0.000004575. The coin formed a golden cross pattern as the 50-day and 200-day moving averages crossed each other.