Uniswap price rebounded 8% from its July 29 intraday low as Hayden Adams addressed concerns over v4 protocol fees, helping UNI reclaim the $4 psychological level.
Summary
- UNI recovered from $3.74 to $4.06, producing an intraday rebound of more than 8%.
- Daily RSI reached 66.83, showing strong momentum without entering overbought territory.
- The 4-hour chart places immediate resistance between $4.10 and $4.30.
- A rising wedge and weak 19.77 ADX leave UNI exposed to a short-term pullback.
Uniswap price returns above $4
According to data from crypto.news, Uniswap (UNI) price traded at $4.02 at the time of writing after briefly reaching $4.06, according to the…
