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CryptoUpdated×2•Originally published 14 April 2026•Updated 16 April 2026•

1 min read

DeFi Sector Gains Momentum as DEXE Surges 22% Alongside UNI Recovery

Key Facts

1UNI successfully defended the $3.00 support level, triggering a rally toward the $3.60 resistance.

2Technical indicators suggest a 70% probability of the price reaching $3.85 by month-end.

The DeFi sector is witnessing expanded bullish momentum as DeXe (DEXE) surged 22% to reach $12.19, supported by a recovery in open interest to $20 million. While Uniswap (UNI) continues to stabilize above key support levels, Chainlink (LINK) is presenting a more complex technical setup characterized by a bearish divergence. Analysts expect LINK to test the $8.50 support level within the next 14 days as part of a short-term correction. Despite this immediate pressure, projections remain optimistic for a mid-term rally toward $12 by June following the successful test of current floors. Market participants are closely monitoring these technical barriers to determine if the broader liquidity influx into decentralized protocols can be sustained. Overall, the movement reflects a mix of immediate technical caution and renewed long-term risk appetite.

about 2 months ago

Version History

Version 2about 2 months ago

What changed: The story was updated to include technical analysis for Chainlink (LINK), noting a short-term bearish divergence targeting $8.50 before a projected recovery to $12.

Version 1about 2 months ago

What changed: Expanded the narrative to include DEXE's 22% price surge and the recovery in open interest, indicating a broader DeFi sector rally beyond UNI.