Uniswap and Pepe Coin Lead Crypto Market Rally

The crypto market has been on a tear, with Bitcoin price rising above $86,000 and the market capitalization of all cryptocurrencies increasing by 1.57% in the last 24 hours to over $2.93 trillion.

Uniswap (UNI) has been one of the top performers in recent weeks, jumping from a low of $2.31 in June to a high of $10.90 last month. This rebound coincided with the ongoing crypto market rally.

The UNI token has formed a cup-and-handle pattern, a common continuation sign in technical analysis. This pattern is made up of a horizontal channel and a rounded bottom pattern. The coin has also formed a golden cross pattern, which is a bullish sign.

According to DeFi Llama data, Uniswap's volume has jumped to over $93 billion, its highest level since October last year. This surge in volume is a strong tailwind for UNI, which is expected to continue its upward trend towards $10.26, then $15.

Another coin that has been performing well is Pepe Coin (PEPE), which has jumped from a low of $0.0000022 on July 1 to the current $0.000004575. The coin has formed a golden cross pattern, which is a bullish sign.

Pepe Coin has a fresh golden cross (50/200-day), which points to continuation. The next key target to watch will be at $0.000005353. A move above that level will point to more gains, potentially to $0.0000060.