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<p>Uniswap has not managed to steal the spotlight from other cryptos despite a recent euphoric period. While many assets recorded impressive gains, UNI lagged behind with a 6% drop in 24 hours. However, encouraging signals are emerging: crypto whales continue to accumulate tokens, sparking hope for a bullish turnaround. But is it enough to propel UNI to new heights?</p>
<h2 id="h-whales-and-accumulation-uniswap-s-hidden-asset">Whales and accumulation : Uniswap’s hidden asset</h2>
<p>Large crypto whales seem to believe in Uniswap’s potential. In just one week, they accumulated more than <strong>1.68 million UNI tokens</strong>, as the <a href="https://www.cointribune.com/quest-ce-que-la-finance-decentralisee-defi/" target="_blank" rel="noopener noreferrer nofollow">DeFi</a> token market attracts increasing attention. Among these major players is <strong>Galaxy Digital</strong>, which withdrew 1.07 million UNI from crypto exchanges on December 12.</p>
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<p>This <a href="https://ambcrypto.com/uniswap-swarmed-by-whales-odds-of-uni-pushing-to-27-now-are/" target="_blank" rel="noopener noreferrer nofollow">whale rush</a> coincides with bullish signals on Uniswap’s weekly chart, which shows a recovery resembling a rounded bottom.</p>
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 <li><strong>Bullish market:</strong> the <a href="https://www.cointribune.com/en/crypto-markets/uniswap-uni-en/" target="_blank" rel="noopener noreferrer nofollow">UNI price</a> is up 40% over the month;</li>
 <li><strong>Inflated capital:</strong> From $7.81 billion to $10.48 billion in just a few weeks;</li>
 <li><strong>Technical figures:</strong> The MACD shows positive momentum, while the ADX indicates strong buying pressure.</li>
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<p>However, the optimism of the whales is not enough to completely neutralize selling pressure. With <strong>an increasing supply on crypto exchanges</strong> and 62% of wallets in profit, profit-taking behaviors could limit UNI’s bullish ambitions.</p>
<h2 id="h-price-analysis-will-uni-assault-the-27-mark">Price analysis : Will UNI assault the $27 mark ?</h2>
<p>Uniswap has a chance to reach new heights, but it will depend on maintaining the current momentum. The price of UNI could reach <strong>$27.41</strong>, corresponding to the Fibonacci ratio 1.618, provided that the bullish trend continues.</p>
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   Uniswap: Exchange supply ratio – Spot Exchanges – Source: CryptoQuant
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<p>However, obstacles remain: the recent correction led to <strong>significant liquidations in the derivatives market</strong>, while the Long/Short ratio fell to 0.959, slightly favoring short sellers.</p>
<p>Participation remains high with <strong>an Open Interest of $340 million,</strong> highlighting speculative interest in UNI. But despite the obstacles, UNI retains a potential for recovery. Technical indicators, combined with the persistent interest of whales, provide a glimmer of hope for investors seeking gains.</p>
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<p>Uniswap, although supported by dynamic whales, remains subject to contrasting forces in the market. However, the team is not lacking in innovation: at the end of October, <a href="https://www.cointribune.com/en/uniswap-reinvents-crypto-transfers-a-revolutionary-multi-chain-bridge-arrives/" target="_blank" rel="noopener noreferrer nofollow">a revolutionary multi-chain bridge</a> was launched to reinvent crypto transfers. Worth keeping an eye on UNI in the coming months.</p>

Uniswap : Accumulation Record, The UNI Crypto In Search Of A Rebound

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