Altcoin Newsletter #291
Features analysis on Altcoins such as UNI NPC AAVE ONDO VET OKB
Welcome to the Rekt Capital Newsletter, a resource for investors who want to better navigate the crypto markets with the help of cutting-edge crypto research and unbiased market analysis.
In today’s Altcoin newsletter I cover the following Altcoins – specifically:
- Uniswap (UNI)
- Non-Playable Coin (NPC)
- Aave (AAVE)
- Ondo (ONDO)
- VeChain (VET)
- OKB (OKB)
These Altcoin TA requests are made by valued readers of the Rekt Capital Premium Newsletter.
Let’s dive in...
Uniswap – UNI/USDT
On the Monthly, Uniswap could be on the cusp of breaching its Macro Downtrend (black trendline).
A Monthly Close and retest of this Downtrend would mark the end of it, and UNI would enter a new Macro Uptrend.
The problem, however, is that UNI has upside wicked beyond this Downtrend on a few occasions already (teal circles).
On the Weekly, those upside wicks take candle-bodied form.
Price would cluster above the Downtrend in an attempt to build a base, but ultimately failed, flipping the Downtrend back into resistance before breaking down.
That has happened on two occasions (first two teal circles), and arguably with the upside wick that followed as well in late 2025.
So while it's really positive to see stability at the Downtrend right now, it's important UNI doesn't Weekly Close below it and bearish retest it into new resistance, because that would send price lower.
UNI needs to build a multi-week cluster above the Downtrend, not by bearish retesting it, but by treating it as support, which it is doing for the time being.
So far, so good, but this needs to persist; right now, price looks like it may be flagging, as part of building out a base above the Macro Downtrend.
As long as it does, UNI has a good chance of eventually rallying higher.
Perhaps more importantly, in the short to mid-term, a Monthly Close above the Downtrend would finally confirm a breach of it and bring price closer to uptrend continuation over time.