- Uniswap price fell below $3.40 after an early rebound faded.
- UNI spot flows stayed slightly negative, with the latest reading at negative.
- Technical analysis shows UNI price still trading in a downtrend despite short-lived rebounds.
During today’s Asian trading session, Uniswap’s price opened at $3.49. This price did not hold for long, as a dip followed, reducing the weekly gains. This movement has raised questions about the potential price targets that will follow next.
Uniswap Price Slips to $3.39
According to CoinMarketCap data at the time of press, Uniswap price traded at $3.39, recording a 1.1% decline over the past 24 hours. Price started near the $3.44 area and slipped briefly before recovering into a stronger upward stretch. That rebound carried UNI above $3.50 and later pushed it toward the session high near $3.57.
After reaching that peak, the upward move lost strength, and the Uniswap-1.81% price began to ease lower. UNI then moved through a gradual decline, with repeated lower highs forming across the middle part of the session. The price later settled around the $3.45 zone and traded in a tighter range for several hours.
That stability did not hold into the final stretch. UNI fell again and moved below the earlier consolidation band, ending near the session’s lower area. The latest decline pulled the price under $3.40 as weakness returned late in the period. Market capitalization stood at $2.16 billion, while 24-hour volume reached $248.72 million. Uniswap price recorded an early rebound, a mid-session fade, and a sharper late pullback.
UNI Spot Flows Stay Negative as Recent Exchange Activity Remains Muted
As prices lean on the downward side, on-chain data shows limited activity as UNI spot flows remained negative, showing withdrawals. Recent flow activity showed smaller daily changes than earlier periods. Strong inflow surges and deep outflow swings appeared less often across the latest stretch. Instead, UNI-1.81% recorded a pattern with limited direction.
A few positive flow sessions appeared during February and March, but they did not hold for long. Each upward move gave way to renewed withdrawals in the sessions that followed. That sequence kept the broader recent trend tilted to the negative side.
The latest action, therefore, reflects restrained exchange activity rather than a sharp positioning shift. Netflows stayed narrow, and the most recent session ended in mild negative territory. UNI’s recent flow pattern pointed to continued caution in the short term.
Can UNI Break Free as Bearish Pressure Keeps Recovery Attempts in Check?
According to TradingView technical analysis, Uniswap has remained in a downtrend despite short-lived rebounds during recent weeks. Recent price action stayed compressed near the lower end of its multi-month range after repeated failed recovery attempts. The market recorded several bearish displacement events earlier, and follow-through kept pushing trading into lower zones.
A brief recovery phase appeared around March, but that move failed to build a durable trend reversal. Instead, price lost momentum again and returned to the lower cluster, where recent sessions have concentrated. That behavior showed weakness, even as downside slowed compared with the declines seen earlier.
Recent candles also interacted with prior reclaim areas, yet those interactions did not produce sustained upside continuation. The latest bearish displacement zone remains active, and the price stays beneath the nearby recovery area. That placement has kept near-term structure tilted lower, while trend pressure remains unresolved.
Still, the market has stopped posting aggressive breakdowns and has begun moving sideways within a tight lower band. That shift marked consolidation rather than confirmed strength, because each rebound stalled before reclaiming higher ground. For now, Uniswap trades with muted recovery energy, pressure, and a bearish structure.
