📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Uniswap (UNI) To Rise Higher? Key Fractal Signaling Potential Upside Move
Date: Fri, Aug 08, 2025 | 07:04 PM GMT The cryptocurrency market is flashing bullish signals as Ethereum (ETH) reclaims the $4,000 mark for the first time since late 2024. This 6% daily jump has sparked a broader rally across major altcoins, with Uniswap (UNI) emerging as one of the standout performers. $UNI has turned green with an impressive 8% daily jump, extending its monthly gains to over 32%. However, its current chart structure reveals a familiar price behavior, which may offer clues about its next move.
Source: Coinmarketcap Fractal Suggests a Breakout Rally May Repeat A closer look at the UNI/USD daily chart reveals striking similarities to its price behavior in late 2024. During that period, UNI broke out of a sustained downtrend and entered a brief correction phase, shown by the shaded blue area. It found strong support near its 200-day moving average, then surged sharply, gaining over 81% and nearly touching the upper boundary of a long-term ascending channel.
Uniswap (UNI) Daily Chart/Coinsprobe (Source: Tradingview) Now, the price action appears to be following that same roadmap. After breaking out of another downtrend, UNI once again corrected into a blue-shaded zone and found support around the 200-day moving average, which is currently near $8.68. From there, the token has rebounded and is now trading around $10.93. It’s inching closer to the next key level of interest — the top of the blue zone at $11.66, which could act as resistance just as it did previously. What’s Next for UNI? The bullish fractal scenario hinges on UNI’s ability to push above the $11.66 resistance level. If that breakout is confirmed, it could trigger another sharp rally, with the next major resistance level lining up near the $22.00 mark — right along the upper boundary of the long-term ascending channel. This would represent a potential 100% move from current levels, similar to the surge seen in late 2024. However, the bullish case also depends heavily on UNI maintaining support above its 200-day moving average. A breakdown below $8.68 would weaken the setup significantly and could shift momentum in favor of further consolidation or even downside pressure, with the next key support around $7.55. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.