Uniswap Price Breaks Out of Weekly Resistance Zone, Faces Revenue Concerns

Uniswap's price has been gaining momentum after breaking out of its weekly resistance zone. According to Alpha Crypto Signal, UNI is experiencing a powerful rounding bottom breakout formation on the weekly chart, with a key resistance zone at $10-$11.

This breakout could potentially lead to further gains for Uniswap if it can sustain its price above this region. However, Duc Crypto has raised concerns about the token's revenue model, pointing out that part of its value is based on the assumption that Robinhood will continue to use Uniswap as its liquidity provider.

This could be a problem in the future, as Robinhood can decide to build its own AMM or seek a new liquidity provider with more commercially beneficial terms. This could severely reduce the revenue being earned from the partnership.