Uniswap continues to trade within a tight range following a steep decline that has weighed on its short-term market outlook.Uniswap continues to trade within a tight range following a steep decline that has weighed on its short-term market outlook.

Uniswap (UNI) Consolidates After Sharp Pullback as Open Interest Drops Over 50%

2025/10/19 05:45
Whale Activity Signals Bull Run in Crypto Market

The token’s price action reflects diminishing volatility and weaker speculative participation, signaling a cautious phase for the decentralized exchange token as market participants await renewed direction.

Open Interest Decline Highlights Cooling Market Momentum

Uniswap was trading near $6.07, showing muted movement after slipping from the $8 region earlier in the week. TradingView’s Open Interest data shows a steep contraction from above 300 million to around 140 million, suggesting widespread liquidation and profit-taking. Such a rapid decline in OI typically reflects traders exiting the market or closing leveraged positions amid rising uncertainty.

Open Interest Decline Highlights Cooling Market Momentum

Source: Open Interest

This structural shift points to reduced participation and a slowdown in speculative momentum. Unless the token reclaims the $6.50 resistance zone with increasing open interest, the token risks sliding further toward the $5.80 range. A sustained drop in participation would likely reinforce this cautious sentiment, indicating that the market remains risk-averse until clearer confirmation of recovery appears.

Market Data Reflects Ongoing Market Caution

According to BraveNewCoin data, Uniswap currently trades at $6.13, marking a 2.52% decline over the past 24 hours. The token holds a market capitalization of $3.68 billion with a daily trading volume of $355.6 million, ranking it 41st among global cryptocurrencies. With an available supply of 600.48 million tokens, liquidity remains sufficient despite the prevailing market slowdown.

Market Data Reflects Ongoing Market Caution

Source: BraveNewCoin

The pullback aligns with the broader altcoin market trend, where several assets have seen retracements following early October rallies. The continued decline in trading activity underscores a transitional period for the coin, with sentiment shifting from neutral to slightly bearish. For momentum to recover, both spot and derivative metrics need to reflect renewed capital inflows and stronger buyer conviction.

Technical Indicators Suggest Sideways Bias

At the time of writing, Uniswap was trading around $6.06, maintaining a narrow range between $6.00 and $6.20. The Bollinger Bands on the daily chart have begun to contract, reflecting decreasing volatility and a consolidation phase following prior declines. The crypto is currently positioned below the middle Bollinger band at $7.26, reinforcing a bearish bias as long as it remains under this threshold.

Technical Indicators Suggest Sideways Bias

Source: TradingView

The Relative Strength Index (RSI) stands at 34.16, hovering near oversold territory but showing early signs of flattening. This suggests potential stabilization, although not yet signaling a reversal. A move above the RSI-based moving average at 37.49 could indicate momentum shifting back toward buyers.

For now, the overall structure remains neutral-to-bearish. A decisive close above the $6.50 resistance could set the stage for a short-term rebound toward $7.00, while failure to hold current levels may expose the asset to further downside pressure toward the $5.50–$5.80 region.

Market Opportunity
UNISWAP Logo
UNISWAP Price(UNI)
$5.119
$5.119$5.119
+0.21%
USD
UNISWAP (UNI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Volante Technologies Customers Successfully Navigate Critical Regulatory Deadlines for EU SEPA Instant and Global SWIFT Cross-Border Payments

Volante Technologies Customers Successfully Navigate Critical Regulatory Deadlines for EU SEPA Instant and Global SWIFT Cross-Border Payments

PaaS leader ensures seamless migrations and uninterrupted payment operations LONDON–(BUSINESS WIRE)–Volante Technologies, the global leader in Payments as a Service
Share
AI Journal2025/12/16 17:16
Fed Acts on Economic Signals with Rate Cut

Fed Acts on Economic Signals with Rate Cut

In a significant pivot, the Federal Reserve reduced its benchmark interest rate following a prolonged ten-month hiatus. This decision, reflecting a strategic response to the current economic climate, has captured attention across financial sectors, with both market participants and policymakers keenly evaluating its potential impact.Continue Reading:Fed Acts on Economic Signals with Rate Cut
Share
Coinstats2025/09/18 02:28
Google's AP2 protocol has been released. Does encrypted AI still have a chance?

Google's AP2 protocol has been released. Does encrypted AI still have a chance?

Following the MCP and A2A protocols, the AI Agent market has seen another blockbuster arrival: the Agent Payments Protocol (AP2), developed by Google. This will clearly further enhance AI Agents' autonomous multi-tasking capabilities, but the unfortunate reality is that it has little to do with web3AI. Let's take a closer look: What problem does AP2 solve? Simply put, the MCP protocol is like a universal hook, enabling AI agents to connect to various external tools and data sources; A2A is a team collaboration communication protocol that allows multiple AI agents to cooperate with each other to complete complex tasks; AP2 completes the last piece of the puzzle - payment capability. In other words, MCP opens up connectivity, A2A promotes collaboration efficiency, and AP2 achieves value exchange. The arrival of AP2 truly injects "soul" into the autonomous collaboration and task execution of Multi-Agents. Imagine AI Agents connecting Qunar, Meituan, and Didi to complete the booking of flights, hotels, and car rentals, but then getting stuck at the point of "self-payment." What's the point of all that multitasking? So, remember this: AP2 is an extension of MCP+A2A, solving the last mile problem of AI Agent automated execution. What are the technical highlights of AP2? The core innovation of AP2 is the Mandates mechanism, which is divided into real-time authorization mode and delegated authorization mode. Real-time authorization is easy to understand. The AI Agent finds the product and shows it to you. The operation can only be performed after the user signs. Delegated authorization requires the user to set rules in advance, such as only buying the iPhone 17 when the price drops to 5,000. The AI Agent monitors the trigger conditions and executes automatically. The implementation logic is cryptographically signed using Verifiable Credentials (VCs). Users can set complex commission conditions, including price ranges, time limits, and payment method priorities, forming a tamper-proof digital contract. Once signed, the AI Agent executes according to the conditions, with VCs ensuring auditability and security at every step. Of particular note is the "A2A x402" extension, a technical component developed by Google specifically for crypto payments, developed in collaboration with Coinbase and the Ethereum Foundation. This extension enables AI Agents to seamlessly process stablecoins, ETH, and other blockchain assets, supporting native payment scenarios within the Web3 ecosystem. What kind of imagination space can AP2 bring? After analyzing the technical principles, do you think that's it? Yes, in fact, the AP2 is boring when it is disassembled alone. Its real charm lies in connecting and opening up the "MCP+A2A+AP2" technology stack, completely opening up the complete link of AI Agent's autonomous analysis+execution+payment. From now on, AI Agents can open up many application scenarios. For example, AI Agents for stock investment and financial management can help us monitor the market 24/7 and conduct independent transactions. Enterprise procurement AI Agents can automatically replenish and renew without human intervention. AP2's complementary payment capabilities will further expand the penetration of the Agent-to-Agent economy into more scenarios. Google obviously understands that after the technical framework is established, the ecological implementation must be relied upon, so it has brought in more than 60 partners to develop it, almost covering the entire payment and business ecosystem. Interestingly, it also involves major Crypto players such as Ethereum, Coinbase, MetaMask, and Sui. Combined with the current trend of currency and stock integration, the imagination space has been doubled. Is web3 AI really dead? Not entirely. Google's AP2 looks complete, but it only achieves technical compatibility with Crypto payments. It can only be regarded as an extension of the traditional authorization framework and belongs to the category of automated execution. There is a "paradigm" difference between it and the autonomous asset management pursued by pure Crypto native solutions. The Crypto-native solutions under exploration are taking the "decentralized custody + on-chain verification" route, including AI Agent autonomous asset management, AI Agent autonomous transactions (DeFAI), AI Agent digital identity and on-chain reputation system (ERC-8004...), AI Agent on-chain governance DAO framework, AI Agent NPC and digital avatars, and many other interesting and fun directions. Ultimately, once users get used to AI Agent payments in traditional fields, their acceptance of AI Agents autonomously owning digital assets will also increase. And for those scenarios that AP2 cannot reach, such as anonymous transactions, censorship-resistant payments, and decentralized asset management, there will always be a time for crypto-native solutions to show their strength? The two are more likely to be complementary rather than competitive, but to be honest, the key technological advancements behind AI Agents currently all come from web2AI, and web3AI still needs to keep up the good work!
Share
PANews2025/09/18 07:00