Is Uniswap (UNI) Gearing Up For Another Breakout Rally? This Fractal Says Yes!

Date: Wed, April 23, 2025 | 06:48 PM GMT

The broader crypto market is finally showing signs of life after a sluggish start to 2025. Bitcoin (BTC) has jumped 12% over the past week, while Ethereum (ETH) gained 14%, sparking hopes of a trend reversal across the altcoins .

Uniswap — the leading DEX platform — whose native token UNI recently went through a major correction, has managed to pull off an noticeable rebound. The token surged by 18% in over a week, trimming its year-to-date losses to around 54%. But what’s really catching attention now is the chart, which reveals a familiar fractal pattern — one that hints at a potential breakout just around the corner.

Source: Coinmarketcap

Falling Wedge Fractal Repeats Again

Looking at the weekly chart, UNI appears to be replaying history. Back in mid-2024, the token formed a textbook falling wedge pattern — a bullish reversal setup. After consolidating inside the wedge and touching its lower boundary multiple times, UNI broke out explosively, rallying 176% in just a few months.

Uniswap (UNI) Weekly Chart/Coinsprobe (Source: Tradingview)

Fast forward to now, a similar falling wedge has developed. The price again crashed over 76% from its peak and recently found support at around $4.55 — the same zone where the last wedge breakout began. Since then, UNI has rebounded strongly and is now approaching the upper trendline of the wedge once again.

If history repeats itself, UNI could be gearing up for another powerful breakout. The immediate hurdle is the wedge’s upper resistance, and above that lies the critical 50-week moving average (MA) at $7.79. A clean break above this MA would not only confirm the breakout but also open the doors to a potential short-term rally toward the $14 to $16 region — similar to what we saw in the last cycle.

Adding to the bullish case is the MACD indicator on the weekly chart, which shows signs of a possible bullish crossover. The histogram is flattening and the MACD line is curling upwards — a signal that bearish momentum might be fading and bulls are slowly regaining control.

Final Thoughts

While nothing in crypto is guaranteed, the repetition of this falling wedge fractal — combined with early signs of a momentum shift — offers a compelling setup for Uniswap (UNI). If the token breaks above $7.79 and sustains momentum, a fresh rally toward the $14-$16 range could be in the cards.

Of course, a failed breakout attempt could lead to further consolidation, so traders should watch for confirmation before jumping in.

Disclaimer: This article is for informational purposes only and not financial advice. Always do your own research before making any investment decisions in cryptocurrencies.