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Uniswap's price surge past $8 after the U.S. SEC dropped its investigation into Uniswap Labs is definitely a bullish sign. Now, the big question is whether UNI will break through the $10 barrier.
Looking at the current market trends, it seems like Uniswap is poised to continue its upward momentum. The next major resistance level is indeed around $10.06, a level that hasn't been tested in nearly five months ¹. If Uniswap can successfully flip this resistance into support, it would open the door for further price increases and solidify the bullish outlook.
In fact, some predictions suggest that UNI's price could even reach as high as $13.3, $14.8, or even $17 in the near term, representing a potential 36% gain ². However, it's essential to keep in mind that the cryptocurrency market can be highly volatile, and prices can fluctuate rapidly.
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