Key takeaways
Uniswap (UNI) might reach as high as $9.05 by 2024.
Estimates for Uniswap’s average price in 2027 range from $25.17 to $30.18.
UNI’s average price in 2030 will be $75.46, with a maximum price of $88.41.
Uniswap, a DeFi protocol founded in 2018 by former mechanical engineer Hayden Adams. The Uniswap exchange is a 100% on-chain automated market maker (AMM) protocol on the Ethereum blockchain. The AMM allows DeFi users to swap ether (ETH) for any ERC-20 token without intermediaries, solving many liquidity problems most exchanges face. Uniswap’s unique features and utility make its token, UNI, attractive to traders and investors.
Will UNI reach $100? How high can UNI go in five years? Let’s take a look at Uniswap’s technical analysis and price prediction to provide answers to these queries.
Overview
CryptocurrencyUniswapAbbreviationUNICurrent Price$7.111Market Cap$4,262,764,322Trading Volume$143,170,699Circulating Supply600,294,744 UNIAll-time High$44.97 May 03, 2021All-time Low$0.419 Sep 17, 202024-hour High$7.4524-hour Low$7.08
Uniswap price prediction: Technical analysis
MetricValueVolatility (30-day Variation)6.48%50-Day SMA 6.66200-Day SMA 8.59SentimentBullishFear & Greed50 (Neutral)Green Days 14/30 (47%)
Uniswap price analysis: Cryptocurrency devalues to $7.111 amidst downside
TL;DR Breakdown:
Uniswap price analysis confirms a downward trend at $7.111.
Coin value has lost up to 2.69% of value from its previous close.
UNI coin prices are seeking a resistance level around $7.643.
On October 8, 2024, Uniswap price analysis confirmed a downward trend for the cryptocurrency. Coin value has decreased to a $7.111 low during the past 24-hours. This creates unfavorable circumstances for the investors. Side by side, as the market sentiment remains negative, the cryptocurrency has devalued up to 2.69% of its value today.
Uniswap price analysis on a daily time frame
The 1-day price analysis of Uniswap coin revealed a declining trend for the day. Coin value has receded down to $7.111 low amidst the growing bearish momentum. The selling activities have revived in the past 24 hours. However, there are low chances of reversal, as the market volatility stands unchanged.
The gap between Bollinger bands determines market volatility. Currently, this gap remains unchanged, leading to constant volatility. Moreover, the upper limit of the Bollinger bands indicator, serving as the resistance, has shifted to $7.643. Whereas, the lower limit of the Bollinger bands indicator, acting as the support, has moved to $6.375.
UNI/USD 1-day price chart. Source: TradingView
The Relative Strength Index (RSI) indicator is hovering within the neutral region. The indicator’s overall value has been reduced to 54.40. Still traveling downwards, this indicates a bearish market for the day. If the selling pressure continues to accelerate, the RSI value can shift below the neutral region.
Uniswap price analysis on a 4-hour chart: UNI value deteriorates to $7.111 amidst negative sentiment
The four-hour price analysis of Uniswap coin confirms a decreasing price movement for now. The UNI/USD value has been reduced to $7.111 amidst the rising bearish momentum. The red candlestick on the 4-hour price chart marks an intensifying selling activity. The coin value has stepped below the moving average value.
The Bollinger bands are converging, leading to a decline in volatility. This declining volatility refers to lower market unpredictability. Moving on, the upper Bollinger band has moved to $7.471, indicating the resistance spot. Whereas, the lower Bollinger band has shifted to $6.638, signifying support levels.
UNI/USD 4-hour price chart. Source: TradingView
The Relative Strength Index (RSI) indicator is present within the neutral area. Its current value is at 52.92 and is still receding. The descending curve on the RSI graph marks a rising selling pressure. If the bearish momentum accelerates further, the RSI value can recede below the oversold region. Currently, the trading environment faces imbalance as the bears continue to rule the market.
Uniswap technical indicators: Levels and action
Daily Simple Moving Average
PeriodValue ($)ActionSMA 3 6.96BUYSMA 5 7.26BUYSMA 10 7.00BUYSMA 21 6.96BUYSMA 50 6.66BUYSMA 100 7.16BUYSMA 200 8.59SELL
Daily Exponential Moving Average
PeriodValue ($)ActionEMA 3 6.83BUYEMA 5 6.67BUYEMA 10 6.51BUYEMA 21 6.54BUYEMA 50 7.12BUYEMA 100 7.80SELLEMA 200 8.05SELL
What to expect from Uniswap price analysis next?
Uniswap price analysis for the day gives out a highly bearish prediction regarding the ongoing price movements. Coin value has dropped down to a $7.111 low in the last 24-hours. The cryptocurrency has lost a drastic 2.69% of its value today. The selling activities remained substantially high as compared to the buying activities today. If we talk about the technical indicators, then they give out a negative hint. Side by side, the price charts present a bearish overview of the market as well.
Is Uniswap a good investment?
Uniswap is a decentralized cryptocurrency exchange (DEX) with massive potential. Unlike traditional exchanges, Uniswap uses an automated market-matching (AMM) system. Uniswap has shown good performance over time and is expected to reach the $38 level by 2027 and above $100 by 2030.
Why is UNI down?
The broader crypto market is experiencing a bearish spell. Most of the top cryptocurrencies are losing money, and so is UNI. The cryptocurrency has lost more than 2.69 percent of its value over the last 24 hours, and its price has decreased to $7.111.
Will UNI reach $20?
Uniswap is trading near the $8 range, down from $15.3, which it achieved in March this year. The current resistance levels are $10 and $12; a break above them can lead to $15. If UNI gets more support, $20 can be achieved by 2026.
Will UNI reach $50?
In May 2021, UNI touched $44.9, its all-time high and not much below $50. This possibility can arise again if the broader cryptocurrency market turns bullish on political and economic factors.
Will UNI reach $100?
According to Cryptopolitan’s price prediction, UNI is expected to reach $100 by the second quarter of 2030. Though this is a five-year time frame, it’s worth waiting as the coin’s value will increase more than tenfold in this scenario.
Does UNI have a good long-term Future?
UNI is the token of the famous Uniswap decentralized exchange. It has a wide user base and good liquidity, so the coin has good prospects. Cryptopolitan expects UNI’s price to reach $109 by the end of 2030, substantially higher than its current price.
Recent news/Opinions on Uniswap Network
Uniswap Labs displayed the financial outcomes of their revised charge schedule. The higher fees starting in April improved the DEX’s bottom line and demonstrated that Web3 could be profitably marketed over time. Following the implementation of a 0.25% fee for direct swapping on the Uniswap Interface, Uniswap Labs generated over $51 million in revenue over the previous six months. Read more about it here.
CEO Hayden Adams has disputed claims that the Uniswap platform charges $20 million for protocol deployments, referring to them as “completely false.” On September 12, 2024, Adams clarified that protocol deployments normally come after a governance vote, adding that he seldom interacts with people looking for attention. He continued by saying that deployments are ranked according to the activity and effort involved, while attempts are made to lower the amount of work needed per chain.
Hayden Adams replies to a user comment on X.
Uniswap price prediction October 2024
For October 2024, UNI shows an ability to swing wildly; the anticipated minimum value of Uniswap is $6.22. The price may jump to $9.51, but the average trading price of $6.98 is expected throughout the month.
MonthPotential Low ($) Average Price ($)Potential High ($)October 2024$6.22$6.98$9.51
Uniswap price prediction 2024
For 2024, UNI’s price might reach a maximum of $9.05, which is over 20% higher than the current price. The minimum price is expected to be $8.20, with the year’s average trading price estimated at around $8.50.
MonthPotential Low ($) Average Price ($)Potential High ($)2024$8.20$8.50$9.05
Uniswap price predictions for 2025-2030
YearPotential LowAverage PricePotential High 2025$11.81$12.23$14.372026$17.51$18.12$20.662027$25.17$26.08$30.182028$36.48$37.52$44.512029$50.43$51.93$63.162030$72.86$75.46$88.41
Uniswap price prediction 2025
For 2025, Uniswap is projected to have a minimum price of $11.81. The price could soar up to $14.37, with an average of $12.23.
UNI price prediction 2026
For 2026, Uniswap’s price is projected to have a minimum value of $17.51. The price could soar up to $20.66, with an average of $18.12.
Uniswap (UNI) price prediction 2027
In 2027, the price of UNI is anticipated to hit a minimum of $25.17. The maximum price might reach $30.18, with an average trading value of $26.08.
Uniswap price prediction 2028
The 2028 forecast for Uniswap predicts a minimum price of $36.48 and a maximum of $44.51, with an average price of $37.52.
Uniswap price forecast 2029
The price of Uniswap in 2029 is expected to start at a minimum UNI price of $50.43 and climb to $63.16 while averaging $51.93.
Uniswap (UNI) price prediction 2030
For 2030, the minimum projected price for Uniswap is $72.86. Traders can expect a maximum price of $88.41 and an average of $$75.46, as per Uni coin price prediction.
UNI market price prediction: Analysts’ UNI price forecast
Firm Name20242025DigitalCoinPrice$20$25.29Wallet Investor$9.89$27.162Coincodex$ 24.38$ 25.29
Cryptopolitan’s Uniswap price prediction
Our price prediction for Uniswap shows that UNI will reach a high of $9.20 near the end of 2024. 2025 it will trade between an expected range of $12.03 and $14.30. In 2030, UNI will range between $75.16 and $91.38, with an average price of $77.81. It is important to consider that the predictions are not investment advice. Professional consultation is suggested, or you can carry out your own research.
Uniswap historic price sentiment
Uniswap (UNI) token launched on September 17, 2020, starting at $3.00. It quickly rose to $7.00 before reaching an all-time low of $1.03 (CoinGecko) or $0.4190 (CoinMarketCap) on the same day. UNI ended the year at $5.00 after a gradual recovery during the 2020 bull run.
In 2021, UNI surged 400% in January to $20. By March, it hit $28, and on May 3, reached an all-time high (ATH) of $44.93. It ended the year near $18 after a significant decline.
Throughout 2022, UNI continued to decline, dropping to around $5.5 by June as the bearish trend persisted.
The crypto market rebounded in 2023, and UNI saw bullish momentum, peaking at $7.77 on December 28.
UNI began 2024 on a downtrend, briefly recovering to $15 by March 6. After mid-May, it faced selling pressure, falling to $0.14 by July 31.
It stabilized in August around $5 and traded above $6 at the start of September.
In October 2024, UNI is trading on the higher end of $7 range.
This articles is written by : Fady Askharoun Samy Askharoun
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