Uniswap Price Breaks Above $3.60 as Daily Chart Shows Strength

Uniswap's price has been steadily climbing over recent days, reaching $3.81 as of the latest snapshot.

This move follows a stretch where Uniswap was largely overlooked during the DeFi lull, but it seems to be gaining traction once again.

The daily chart shows strength, with an ascending channel forming off the June low near $2.32 and an RSI reading of 61.45.

However, the weekly chart paints a different picture, showing a multi-year falling wedge that's held since 2024 and a weekly RSI barely above neutral at 50.27.

A fresh catalyst is in play, with Uniswap confirming Robinhood Chain crossed $10 billion in protocol volume in under a month.