Uniswap Price Eyes $7 as CME Futures Launch Nears: Will UNI Rally?

Key Insights: Uniswap price declined by 4.75% to $6.83 ahead of CME’s planned October 19 Uniswap futures launch. CME’s standard UNI futures cover 10,000 tokens, while micro contracts cover 1,000. RSI at 30.31 and bearish MACD readings leave UNI’s 7.00–7.20 rebound unconfirmed. Uniswap price traded at $6.83 as CME Group prepared to introduce Uniswap futures for the October 19 trade date. The token fell by 4.75% over 24 hours, while hourly indicators showed weak momentum before the scheduled listing. The chart placed $7.00 within a conditional rebound scenario, with support around 6.75–6.80. However, neither the Relative Strength Index nor MACD confirmed a bullish reversal. CoinMarketCap reported $316,080,451 in daily trading volume and a market capitalization of $4,264,714,759. The token ranked 22nd, with 624,740,422 UNI circulating.

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