Uniswap (UNI) Price: What’s Behind the Six-Day Rally and New Arc Partnership

TLDR

• UNI has surged 18.54% in 24 hours, trading around $3.19 with a market cap near $2 billion.
• Uniswap partnered with Arc to provide stablecoin liquidity, backed by over $4.4 trillion in all-time trading volume.
• Futures Open Interest climbed from $152 million to $168 million, reflecting growing trader confidence.
• Standard Chartered analyst Geoff Kendrick set a $6.50 year-end target and a $100 price target for 2030.
• Technical indicators, including the MACD and RSI, show easing bearish pressure with upside resistance at $3.37.

Uniswap (UNI) is trading at $3.19 at the time of writing, up 18.54% in the last 24 hours. The move extends a six-day recovery streak from June lows around $2.33.

The 24-hour trading volume stands at $726.93 million, with a market capitalization close to $2 billion.

The broader crypto market has been in a risk-on mood, with Bitcoin trading above $67,000. Easing geopolitical tensions have played a role, after reports that the US and Iran signed a virtual peace agreement to reopen the Strait of Hormuz and begin 60 days of nuclear negotiations.

UNI and Arc Join Forces on Stablecoin Liquidity

On Monday, Uniswap announced a partnership with Arc, a platform built for financial applications, stablecoin flows, and AI-powered models. The deal gives Arc users access to swap infrastructure with over $4.4 trillion in all-time trading volume, along with API access.

Uniswap confirmed the partnership on its official X account, stating it is bringing “deep liquidity on the chain purpose-built for stablecoins.”

Crypto analyst World Of Charts posted on June 16 that UNI is approaching a major confluence zone, where a long-term falling trendline meets a horizontal resistance level. According to the analyst, a breakout through this zone could double UNI’s price over the coming months.

Futures Open Interest rose to $168 million on Tuesday, up from $152 million the day before. It had averaged $135 million on Friday, pointing to a steady increase in trader participation.

Standard Chartered Sets Long-Term Targets

Standard Chartered analyst Geoff Kendrick put out price targets on Monday. He sees UNI reaching $6.50 by end of 2025 and $100 by 2030.

Kendrick’s view is that Uniswap should be seen as market infrastructure for traditional finance, not just a retail trading app. He pointed to the growing adoption of tokenized assets and Wall Street interest in plugging into decentralized finance (DeFi).

The Relative Strength Index (RSI) has recovered toward 54 on the daily chart, moving out of oversold territory. The MACD histogram has crossed into positive territory, showing that downside momentum is easing.

UNI recently broke above the middle Bollinger Band at $2.77, and the upper band now sits at $3.22. The widening gap between bands reflects rising volatility.

Key resistance levels to watch are the 50-day EMA at $3.03 and the 61.8% Fibonacci level near $3.37. Support sits at the 78.6% Fibonacci retracement around $2.91, with a deeper floor near $2.33.

At the time of writing, Uniswap’s price has climbed back above the upper Bollinger Band at $3.22.

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