With global liquidity rising rapidly, analysts see potential for a renewed upward move once sentiment turns risk-on across crypto markets.
In a recent analysis by Bull Bear Spot, a comparative chart between Uniswap and the M2 Global Money Supply revealed a widening divergence that could be setting the stage for a bullish turnaround.
The M2 money supply has surged from below $15 trillion to over $45 trillion, underscoring massive liquidity growth across global markets. Historically, such liquidity expansions have preceded major inflows into risk assets, including cryptocurrencies.
Source: X
While the coin’s price remains relatively stable around $6.57, this macro backdrop indicates that accumulation may be taking place beneath the surface. The analyst notes that as liquidity conditions improve, assets like the coin often react with strong upside momentum. If this pattern holds, a price surge could follow once broader crypto sentiment aligns with the macro trend.
According to BraveNewCoin, Uniswap currently trades at $6.54, marking a 3.04% decline over the past 24 hours. The decentralized exchange protocol holds a market capitalization of $3.91 billion and a daily trading volume of $199.8 million, with a circulating supply of 600.48 million tokens. Despite the mild decline, the token’s stability around this level shows resilience after weeks of volatility.
Source: BraveNewCoin
The token remains ranked #44 by market capitalization, maintaining its position as one of the leading DeFi assets. This steady performance, combined with a rising global money supply, positions the token as a candidate for medium-term accumulation among buyers seeking exposure to decentralized finance growth narratives.
At the time of writing, UNI/USDT trades at $6.567, up 0.81% on the day, according to TradingView data. The Relative Strength Index (RSI) stands at 45.27, moving above its moving average at 39.01, signaling improving momentum. The MACD indicator shows a reading of –0.367 against the signal line at –0.483, while the histogram’s positive value (0.116) suggests early bullish divergence.
Source: TradingView
These readings imply that selling pressure is gradually weakening. If the coin sustains support above $6.40, the next resistance levels lie near $7.00 and $7.50. A breakout above those zones could confirm a short-term reversal, potentially targeting $8.00–$9.00 if market conditions remain favorable. For now, the blend of macro liquidity growth and improving technical signals paints a cautiously optimistic outlook for the coin’s recovery phase.
