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Uniswap's UNI token may surge 80% to $12.70 after breaking out of a two-year falling wedge pattern.

Technical Signals
17 Sep 2026
FXEmpire
View Source
Bullish
Uniswap's UNI token may surge 80% to $12.70 after breaking out of a two-year falling wedge pattern.

Uniswap's native token, UNI, has broken out of a major falling wedge pattern that compressed its price for nearly two years, leading to a potential rally of about 80% toward $12.70. The breakout was confirmed in August, with UNI reclaiming key moving averages and showing strong buying momentum. This bullish trend is supported by improved fundamentals, including a token burn mechanism and expansion across new networks, alongside increased whale buying activity. A decisive close above the 200-week moving average near $7.78 could further strengthen the rally toward the $12.70 target, a significant resistance level from UNI's 2024 peak.

Uniswap's UNI token is currently trading at Rp121.170 on Pluang as of Sep 17, 2026, 17:51 WIB, showing a strong 1-day gain of 7.46%. This price level contrasts with its 2024 peak resistance near $12.70 mentioned in the article, highlighting the token's ongoing bullish momentum. Despite the positive price movement, Pluang order activity leans heavily toward selling at 82%, with a typical hold time of 65 days, indicating a mix of short-term profit-taking amid the rally.

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