Uniswap Surges After Launching Pools.trade on Robinhood Chain

Uniswap has made headlines after launching Pools.trade on Robinhood Chain, which enables permissionless token creation. This move comes as Uniswap's price has been fluctuating around $4.06. According to CoinMarketCap, the market capitalization of UNI is around $2.53 billion, with a total value locked (TVL) of approximately $3.62 billion.

The price prediction for UNI remains bullish, with analysts suggesting that if it holds above the trendline reclaim zone at $3.9238 and stays above the EMA 20 and EMA 50 near $4.0104 to $4.0520, it could stabilize into a genuine reversal rather than a short-term bounce.

However, if UNI breaks below $3.9238, it would suggest that the recent bounce was a temporary relief move within a larger downtrend. The EMA 20 and EMA 50 are currently sitting just below the current price after a bullish crossover, acting as near-term support rather than resistance.

According to analysts at CoinGabbar, the trendline reclaim and EMA crossover together paint a short-term picture of buyers stepping back in after the August 5 low near $3.82, though RSI sitting close to neutral at 52.71 suggests this is still an early-stage move rather than a confirmed trend change.