UNI Token Price Surges Amid Easing Trade Tensions and Institutional Interest

UNI, the native token of the Uniswap decentralized exchange, has been experiencing a notable recovery in its price, sparking discussions about its potential to break through key resistance levels. The token's price movements have been closely watched by analysts, who are divided on whether UNI will continue its upward trajectory or face another retest of lower levels.

UNI's price recovery has been driven by several factors, including easing trade tensions and renewed institutional confidence. The delay in auto tariffs on Canada and Mexico by former President Donald Trump has softened trade war concerns, leading to a weaker U.S. dollar and boosting demand for inflation-hedge assets like Bitcoin. This has indirectly benefited UNI, as the overall crypto market sentiment has improved.

Technical analysis of UNI's price movements reveals that the token has been forming a descending price channel, indicating a potential price breakout if traders can break through key resistance levels. The token's price has been fluctuating between $90,000 and $92,000, with the 50 EMA acting as a significant resistance level around $94,400. If UNI can break through this resistance, it could open the doors for a sustained rally, potentially reaching $95,000 or higher.

However, if UNI fails to break through the resistance levels, it may face another retest of lower levels. The token's price has been supported by the 200 EMA, which has acted as a strong support level during recent price corrections. If the price falls below this level, it could signal a further decline in UNI's price.

Institutional accumulation signals have also been a driving force behind UNI's price recovery. MicroStrategy, a prominent Bitcoin holder, added $43.9 million worth of BTC on March 5, expanding its holdings to 205,000 BTC. Concurrently, Coinbase reported a 40% surge in institutional OTC trades above $1 million, suggesting renewed accumulation in the crypto market. This institutional interest has provided a bullish backdrop for UNI's price recovery.

Regulatory tailwinds have also played a role in UNI's price recovery. The White House Crypto Summit announcement on March 5 fueled speculation about potential U.S. Bitcoin reserve policies. Analysts estimate that 1% of the U.S.