Despite the crypto market's consolidation, Uniswap's native cryptocurrency, UNI, has made a strong breakout above $10. Currently trading at $10.68 with a market capitalization of $6.4 billion, UNI has shown remarkable resilience. Although daily trading volumes have decreased by 25% to $262 million, the token's technical charts indicate a bullish trend.

The formation of a golden cross pattern, where the 50-day moving average surpasses the 200-day moving average, signals a short-term bullish outlook for UNI. Additionally, the Relative Strength Index (RSI) stands at 52.68, indicating that the token is not overbought or oversold, leaving room for potential price movements without immediate selling pressure. With 51% of Uniswap holders in profit, they have an incentive to hold onto their positions, further supporting the token's price.

As UNI moves within a channel pattern, a broader crypto market upswing could propel the token's price to the upper resistance level of $13.15 by next week. A breakout could lead to further rallies to $15 and $20. However, a trend reversal could see UNI lose momentum and test support at $9.90, potentially plummeting to $8.40 if bears dominate the market.

In conclusion, Uniswap's UNI token has shown impressive strength, breaking out above $10. With a bullish golden cross pattern and a neutral RSI, the token has potential for further gains. While market fluctuations are possible, UNI's current trajectory suggests a continued uptrend, making it a token to watch in the coming weeks.