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- Uniswap has broken above major EMAs, signaling a potential rally toward $73 and possibly $118 in 2025.
- The long-term accumulation zone is over, UNI could see exponential growth similar to the 2021 bull run.
After being stuck in the accumulation zone for quite some time since 2022, Uniswap has finally emerged from its “discount price” phase. UNI has now not only broken through all the major EMAs that had previously acted as strong barriers, including the 233-EMA and 200-EMA, but is also showing momentum that is starting to tempt many technical analysts.
UNI’s latest price is around $10.10, recording a 10.54% increase in the past 7 days. Looking further back, the surge has reached 46.07% in just one month. But this isn’t just about short-term numbers.
According to analyst Master Ananda, Uniswap has broken through the technical structure that has been a “price prison” since 2023. Interestingly, he observes that the initial wave patterns (waves 1 and 2) are still relatively small, opening up space for a much larger wave 3 explosion.
In his chart, he notes that the current price action is very different from the past two years. In fact, he compared the potential for the next surge to Uniswap’s parabolic phase in 2021. This doesn’t mean the price will match that level, but rather that the scale of the movement is predicted to be “beyond reason” compared to the movement over the past two years.

Uniswap Expands Utility With Real-World Integrations and L2 Growth
Meanwhile, on the utility side, Uniswap is also increasingly busy attracting real-world projects. On July 22nd, MultiBank Group’s MBG token was officially listed on Uniswap along with several centralized exchanges (CEXs).
This token doubled in value in a short time. But it’s not just about price. MBG itself is backed by $29 billion in real-world assets, so its presence seems to reinforce Uniswap’s position as a bridge between the traditional financial sector and DeFi.
Furthermore, CNF reports that Uniswap’s layer-2 swap volume has surpassed $180 billion in just the first half of 2025. This means it has already surpassed the total for all of 2023, and we’re only in the third quarter. Arguably, this isn’t just a bullish narrative. The numbers speak for themselves.
Not enough? In mid-June, Uniswap launched a gas-fee-free limit order feature via UniswapX. This feature allows users to automatically execute transactions across various liquidity sources, both on-chain and off-chain. And what users love most: there’s no minimum swap limit. All ERC-20s can be traded directly from the Uniswap website, simply and efficiently.
Are $73 and $118 Still Within Reach for UNI?
Sounds ambitious? Perhaps. But Ananda reminds us that the crypto market doesn’t move linearly, it moves exponentially. If the price actually moves towards $73 to $118 as mapped on the chart, it equates to a potential surge of over 600% to 1,000% from current levels. A scenario that may sound “fantastic,” but for those who have experienced 2021, this kind of thing is nothing new.
From a daily technical perspective, CoinMarketCap data shows a pivot point at $10.25 with an RSI of 65, which is still considered neutral. A break above the $10.35 Fibonacci level could potentially push the price to $12.90.
Meanwhile, the MACD indicator shows a bullish crossover (0.86 vs. 0.71), although pressure remains from the 200-EMA resistance area at $7.62. Furthermore, the on-chain turnover ratio is currently at 0.12, indicating relatively stable liquidity—but also opening up the risk of profit-taking, given that UNI has risen 72% in the last 90 days.