Date: Wed, Aug 27, 2025 | 06:44 PM GMT
The cryptocurrency market is staging a notable comeback from recent volatility. Ethereum (ETH) briefly dipped to $4,320 before rebounding to around $4,600, lifting sentiment across major altcoins — including Uniswap (UNI).
Today, UNI flipped green, and its latest chart formation suggests that more upside may be on the way.
Source: Coinmarketcap
Harmonic Pattern Signals Potential Upside
On the daily chart, UNI is developing a Bearish ABCD harmonic pattern. While the name points toward a bearish completion, these structures often trigger a bullish continuation during the CD leg before reaching the projected reversal zone (PRZ).
The move began with a rally from Point A ($8.68) to Point B, followed by a correction into Point C near $9.57, where buyers re-entered the market. Since then, UNI has started climbing again and is now trading at around $10.06, showing the early signs of the CD-leg expansion.
Uniswap (UNI) Daily Chart/Coinsprobe (Source: Tradingview)
Another key factor is the 50-day moving average (MA) at $10.10. A confirmed break and hold above this level could flip it into a solid support base, fueling further upside momentum.
What’s Next for UNI?
If bulls manage to sustain price action above the 50-day MA, continuation from here could send UNI into the Potential Reversal Zone (PRZ) near $13.17 — an upside of roughly +31% from current levels. However, to maintain this bullish setup, UNI needs to stay above Point C support ($9.57). A breakdown below that zone would weaken the harmonic structure and potentially delay upside continuation.
With broader market sentiment improving but still fragile, short-term volatility is expected. Still, UNI’s technical outlook points toward further gains before its next big resistance test.
