Uniswap: Robinhood Fuels 98% UNI Rebound

Uniswap surged 98% from its monthly low, propelled by Robinhood activity as a fresh wallet 0xc8686f611D59DeEe9c549bc844E4AD314e0F4972 withdrew 676874 UNI from Binance for $4.27 million at a $6.32 average price.

The move aligns with broader UNI price prediction interest after last year's consolidation phase, where institutional flows into tokenized assets accelerated adoption across exchanges.

Price action on the 4h chart shows UNI trading inside Bollinger Bands with upper resistance at $6.5 and lower support at $5.28; with price testing that upper band while RSI sits at 68.04, a healthy retracement to the 50-EMA support at $5.32 appears probable before continuation, especially as the MACD golden cross at 0.31 reinforces the bullish EMA50 and EMA200 structure above $4.42.