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Uniswap price may surge to $6 if it holds above 200-day EMA despite Coldcard hack pressure.

Market News
03 Aug 2026
FXEmpire
View Source
Neutral
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Uniswap (UNI) has dropped nearly 6% amid selling pressure from the recent Coldcard hack, where $89 million in BTC was stolen from hardware wallets. Despite this, Uniswap's protocol fees and decentralized exchange volumes have surged, supported by the Robinhood Chain launch, pushing fees up 118% and volumes to $53 billion. UNI is currently retesting its 200-day exponential moving average (EMA); if it bounces off this level, the price could rise to $6. However, ongoing unfavorable macroeconomic conditions and geopolitical tensions may limit gains, making a strong bounce off the EMA crucial for a sustained rally.

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