Monday, December 5, 2022
 

Uniswap (UNI) Price Prediction: Will UNI Price reach $20 in 2022?

  • Bullish UNI price prediction ranges from $9.72 to $19.25.
  • UNI price might also reach $20 this 2022.
  • UNI’s bearish market price prediction for 2022 is $3.35.

Uniswap is the largest decentralized exchange in the cryptocurrency space. The native token of the Uniswap ecosystem is UNI. It is controlled by the Uniswap Foundation. It is one of the platforms that conducted the largest airdrop in cryptocurrency history when each address that had used the exchange before the date of the snapshot claimed 400 UNI tokens.

Uniswap (UNI) investors are bullish on the token since it is among the top-rated cryptocurrencies that are still recovering after the crypto winter. In the past 30 days, the price of UNi has increased by 30.6%.

If you are interested in the future of Uniswap (UNI) and would want to know the price analysis and price prediction of UNI for 2022, 2023, 2024, 2025, 2026, up to 2030, keep reading this CoinEdition article.

What is Uniswap (UNI)?

Uniswap (UNI) was launched in November 2018. Users can swap tokens on the exchange and also earn rewards for contributing liquidity to decentralized finance (DEFI) projects. Developers can as well build apps on the Uniswap protocol.

Uniswap ecosystem has over 4400 community delegates and 300+ integrations. Over $1.1 trillion transactions had been completed on the Uniswap exchange.

Holders of the native token (UNI) are responsible for contributing governance decisions that guide the regulation of the Uniswap ecosystem. Users are required to own Ethereum (ETH) to pay gas fees.

Uniswap (UNi) Current Market Status

The maximum supply of Uniswap (UNI) is 1 billion UNI while the circulation supply is 745,768.01 UNI according to CoinMarketCap. At the time of writing, UNI is trading for $8.76 which represents a 24 hours decrease of 2.85%. The trading volume of Uniswap in the past 24 hours is $947,777,909 which represents a 616.25% increase.

Some of the top cryptocurrencies for trading Uniswap (UNI) are Binance, Coinbase Exchange, Kucoin, FTX, Mexc, and others.

Now that you have known what Uniswap is and what its current market status is, we shall discuss the price analysis of UNI for 2022.

Uniswap (UNI) Price Analysis 2022

Currently, Uniswap (UNI) is ranked in the 16th position on CoinMarketCap. Will developments and upgrades in the Uniswap community lead to a rising in the price of UNI? We shall see this in this CoinEdition price analysis 2022 article.

Uniswap (UNI) Price Analysis- Keltner Channel

UNI/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
UNI/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Uniswap (UNI), it could be seen that the present bullish run could continue since the last candlestick is within the first half of the chart from the top. Also, since the last candlestick is almost breaking out on the top of the curve, the present increase in the price of UNI might be sustained before any reversal would be expected.

Uniswap (UNI) Price Analysis- Relative Strength Index

UNI/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
UNI/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Uniswap (UNI) 1day chart of UNI/USDT is at 61.20.  This shows that UNI is showing a strong trend since it is between 50 and 70. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 70 RSI value. However, a panic sell could crash the price below the 50 RSI value which is the neutral region.

Uniswap (UNI) Price Prediction-Moving Averages

UNI/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
UNI/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above, shows the1Day chart of Uniswap (UNI) 200-day and 100-day Moving Average (MA). Presently, UNI is on a bullish trend as indicated in the recent uptrend. Since the 200-MA is above the 100-MA, we can deduce the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and is below the recently formed candlesticks, the price of Uniswap (UNI) might dip in the future.

Uniswap (UNI) Price Prediction 2022

UNI/USDT 1Day Chart (Source: Tradingview)
UNI/USDT 1Day Chart (Source: Tradingview)

From the chart above, we can observe that the price of Uniswap (UNI) was ranging between $12.08 at the resistance2 level and $9.78 at the resistance1 level, in the past few days, after touching the $6.44 support2 level and $7.88 support2 level.

Irrespective of this sideways movement in the price of UNI, we can deduce the following:

  1. The price of UNI is expected to reverse around the $12.08 resistance2 level, due to the formation of head shoulders at support4 which means that the bullish reversal could continue to the resistance2 level.
  2. The reversal at resistance1 level, could lead to a further decrease in the price of UNI up to support2 level at $6.44 due to the formation of a double top at resistance1 level.

Meanwhile, our long-term UNI price prediction for 2022 is bullish since it might break many psychological resistances. We can expect UNI to reach $20 this year.

Uniswap (UNI) Price Prediction-Resistance and Support Levels

UNI/USDT 1Day Chart Showing the Key Levels (Source: Tradingview)
UNI/USDT 1Day Chart Showing the Key Levels (Source: Tradingview)

This bullish chart shows that the price of UNI has increased by 23.7% in the past 14 days. If this price increase continues, UNI could break the $9.72 resistance1 level and move higher to $1925 at the resistance5 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of UNI might be dethroned from its present uptrend position. In simpler terms, Uniswap might trend below the $3.35 support4 level, and even lower in 2022, a bearish signal.

Uniswap (UNI) Price Prediction 2023

Uniswap (UNI) might hit $40 in 2023 if this bullish trend continues. Moreover, in the first half of 2023, the price of UNI will see rapid growth to $30. The growth will thereafter moderate, but no significant drops are predicted. By upgrading staking rewards, investors could stake more UNI thereby reducing its volume in circulation. This could make the price of UNI reach $20 shortly.

Uniswap (UNI) Price Prediction 2024

Uniswap price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $50, making it not plummet but play consistently. Additionally, this could only be possible if UNI breaks through past psychological resistance levels.

Uniswap (UNI) Price Prediction 2025

Uniswap (UNI) prices might grow past $60 during the next three years. Furthermore, hitting this level might not be so tough for UNI due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, UNI has a strong chance of reaching a new all-time high (ATH) price.

Uniswap (UNI) Price Prediction 2026

Uniswap (UNI) prices might grow past $80 during the next four years. Furthermore, hitting this level might not be so tough for UNI due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, UNI has a strong chance of reaching a new all-time high (ATH) price.

Uniswap (UNI) Price Prediction 2027

Uniswap (UNI) prices might grow past $100 during the next five years. Furthermore, hitting this level might not be so tough for UNI due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, UNI has a strong chance of reaching a new all-time high (ATH) price.

Uniswap (UNI) Price Prediction 2028

Uniswap (UNI) prices might grow past $120 during the next six years. Furthermore, hitting this level might not be so tough for UNI due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, UNI has a strong chance of reaching a new all-time high (ATH) price.

Uniswap (UNI) Price Prediction 2029

UNI prices might grow past $140 during the next seven years. Furthermore, hitting this level might not be so tough for UNI due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, UNI has a strong chance of reaching a new all-time high (ATH) price.

Uniswap (UNI) Price Prediction 2030

Uniswap (UNI) prices might grow past $160 during the next eight years. Furthermore, hitting this level might not be so tough for UNI due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, UNI has a strong chance of reaching a new all-time high (ATH) price.

Conclusion

As said above, Uniswap (UNI) might reach $20 in 2022 and $160 by 2030 if investors have decided that UNI is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Uniswap (UNI)?

Uniswap (UNI) is the native token of the Uniswap exchange.

How to buy Uniswap (UNI) Token?

Like other cryptocurrencies, UNI can be traded in cryptocurrency exchanges like Binance, Coinbase, Kucoin, Gate.io, and others.

Will UNI surpass its present ATH?

Since UNI provides its investors with liquidity rewards, it has a low possibility of surpassing its present all-time high (ATH) price of $44.97 in 2022.

When was Uniswap (UNI) launched?

It was launched on November 18, 2018.

What will be the Uniswap (UNI) price by 2023?

Uniswap’s (UNI) price is expected to reach $40 by 2023.

What will be the Uniswap (UNI) price by 2024?

Uniswap’s (UNI) price is expected to reach $50 by 2024.

What will be the Uniswap (UNI) price by 2025?

Uniswap’s (UNI) price is expected to reach $60 by 2025.

What will be the Uniswap (UNI) price by 2026?

Uniswap’s (UNI) price is expected to reach $80 by 2026.

What will be the Uniswap (UNI) price by 2027?

Uniswap’s (UNI) price is expected to reach $100 by 2027.

What will be the Uniswap (UNI) price by 2028?

Uniswap’s (UNI) price is expected to reach $120 by 2028.

What will be the Uniswap (UNI) price by 2029?

Uniswap’s (UNI) price is expected to reach $140 by 2029.

What will be the Uniswap (UNI) price by 2030?

Uniswap’s (UNI) price is expected to reach $160 by 2030.

More Crypto Price Predictions:

  • Bullish UNI price prediction ranges from $9.72 to $19.25.
  • UNI price might also reach $20 this 2022.
  • UNI’s bearish market price prediction for 2022 is $3.35.

Uniswap is the largest decentralized exchange in the cryptocurrency space. The native token of the Uniswap ecosystem is UNI. It is controlled by the Uniswap Foundation. It is one of the platforms that conducted the largest airdrop in cryptocurrency history when each address that had used the exchange before the date of the snapshot claimed 400 UNI tokens.

Uniswap (UNI) investors are bullish on the token since it is among the top-rated cryptocurrencies that are still recovering after the crypto winter. In the past 30 days, the price of UNi has increased by 30.6%.

If you are interested in the future of Uniswap (UNI) and would want to know the price analysis and price prediction of UNI for 2022, 2023, 2024, 2025, 2026, up to 2030, keep reading this CoinEdition article.

What is Uniswap (UNI)?

Uniswap (UNI) was launched in November 2018. Users can swap tokens on the exchange and also earn rewards for contributing liquidity to decentralized finance (DEFI) projects. Developers can as well build apps on the Uniswap protocol.

Uniswap ecosystem has over 4400 community delegates and 300+ integrations. Over $1.1 trillion transactions had been completed on the Uniswap exchange.

Holders of the native token (UNI) are responsible for contributing governance decisions that guide the regulation of the Uniswap ecosystem. Users are required to own Ethereum (ETH) to pay gas fees.

Uniswap (UNi) Current Market Status

The maximum supply of Uniswap (UNI) is 1 billion UNI while the circulation supply is 745,768.01 UNI according to CoinMarketCap. At the time of writing, UNI is trading for $8.76 which represents a 24 hours decrease of 2.85%. The trading volume of Uniswap in the past 24 hours is $947,777,909 which represents a 616.25% increase.

Some of the top cryptocurrencies for trading Uniswap (UNI) are Binance, Coinbase Exchange, Kucoin, FTX, Mexc, and others.

Now that you have known what Uniswap is and what its current market status is, we shall discuss the price analysis of UNI for 2022.

Uniswap (UNI) Price Analysis 2022

Currently, Uniswap (UNI) is ranked in the 16th position on CoinMarketCap. Will developments and upgrades in the Uniswap community lead to a rising in the price of UNI? We shall see this in this CoinEdition price analysis 2022 article.

Uniswap (UNI) Price Analysis- Keltner Channel

UNI/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
UNI/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Uniswap (UNI), it could be seen that the present bullish run could continue since the last candlestick is within the first half of the chart from the top. Also, since the last candlestick is almost breaking out on the top of the curve, the present increase in the price of UNI might be sustained before any reversal would be expected.

Uniswap (UNI) Price Analysis- Relative Strength Index

UNI/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
UNI/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Uniswap (UNI) 1day chart of UNI/USDT is at 61.20.  This shows that UNI is showing a strong trend since it is between 50 and 70. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 70 RSI value. However, a panic sell could crash the price below the 50 RSI value which is the neutral region.

Uniswap (UNI) Price Prediction-Moving Averages

UNI/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
UNI/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above, shows the1Day chart of Uniswap (UNI) 200-day and 100-day Moving Average (MA). Presently, UNI is on a bullish trend as indicated in the recent uptrend. Since the 200-MA is above the 100-MA, we can deduce the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and is below the recently formed candlesticks, the price of Uniswap (UNI) might dip in the future.

Uniswap (UNI) Price Prediction 2022

UNI/USDT 1Day Chart (Source: Tradingview)
UNI/USDT 1Day Chart (Source: Tradingview)

From the chart above, we can observe that the price of Uniswap (UNI) was ranging between $12.08 at the resistance2 level and $9.78 at the resistance1 level, in the past few days, after touching the $6.44 support2 level and $7.88 support2 level.

Irrespective of this sideways movement in the price of UNI, we can deduce the following:

  1. The price of UNI is expected to reverse around the $12.08 resistance2 level, due to the formation of head shoulders at support4 which means that the bullish reversal could continue to the resistance2 level.
  2. The reversal at resistance1 level, could lead to a further decrease in the price of UNI up to support2 level at $6.44 due to the formation of a double top at resistance1 level.

Meanwhile, our long-term UNI price prediction for 2022 is bullish since it might break many psychological resistances. We can expect UNI to reach $20 this year.

Uniswap (UNI) Price Prediction-Resistance and Support Levels

UNI/USDT 1Day Chart Showing the Key Levels (Source: Tradingview)
UNI/USDT 1Day Chart Showing the Key Levels (Source: Tradingview)

This bullish chart shows that the price of UNI has increased by 23.7% in the past 14 days. If this price increase continues, UNI could break the $9.72 resistance1 level and move higher to $1925 at the resistance5 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of UNI might be dethroned from its present uptrend position. In simpler terms, Uniswap might trend below the $3.35 support4 level, and even lower in 2022, a bearish signal.

Uniswap (UNI) Price Prediction 2023

Uniswap (UNI) might hit $40 in 2023 if this bullish trend continues. Moreover, in the first half of 2023, the price of UNI will see rapid growth to $30. The growth will thereafter moderate, but no significant drops are predicted. By upgrading staking rewards, investors could stake more UNI thereby reducing its volume in circulation. This could make the price of UNI reach $20 shortly.

Uniswap (UNI) Price Prediction 2024

Uniswap price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $50, making it not plummet but play consistently. Additionally, this could only be possible if UNI breaks through past psychological resistance levels.

Uniswap (UNI) Price Prediction 2025

Uniswap (UNI) prices might grow past $60 during the next three years. Furthermore, hitting this level might not be so tough for UNI due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, UNI has a strong chance of reaching a new all-time high (ATH) price.

Uniswap (UNI) Price Prediction 2026

Uniswap (UNI) prices might grow past $80 during the next four years. Furthermore, hitting this level might not be so tough for UNI due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, UNI has a strong chance of reaching a new all-time high (ATH) price.

Uniswap (UNI) Price Prediction 2027

Uniswap (UNI) prices might grow past $100 during the next five years. Furthermore, hitting this level might not be so tough for UNI due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, UNI has a strong chance of reaching a new all-time high (ATH) price.

Uniswap (UNI) Price Prediction 2028

Uniswap (UNI) prices might grow past $120 during the next six years. Furthermore, hitting this level might not be so tough for UNI due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, UNI has a strong chance of reaching a new all-time high (ATH) price.

Uniswap (UNI) Price Prediction 2029

UNI prices might grow past $140 during the next seven years. Furthermore, hitting this level might not be so tough for UNI due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, UNI has a strong chance of reaching a new all-time high (ATH) price.

Uniswap (UNI) Price Prediction 2030

Uniswap (UNI) prices might grow past $160 during the next eight years. Furthermore, hitting this level might not be so tough for UNI due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, UNI has a strong chance of reaching a new all-time high (ATH) price.

Conclusion

As said above, Uniswap (UNI) might reach $20 in 2022 and $160 by 2030 if investors have decided that UNI is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Uniswap (UNI)?

Uniswap (UNI) is the native token of the Uniswap exchange.

How to buy Uniswap (UNI) Token?

Like other cryptocurrencies, UNI can be traded in cryptocurrency exchanges like Binance, Coinbase, Kucoin, Gate.io, and others.

Will UNI surpass its present ATH?

Since UNI provides its investors with liquidity rewards, it has a low possibility of surpassing its present all-time high (ATH) price of $44.97 in 2022.

When was Uniswap (UNI) launched?

It was launched on November 18, 2018.

What will be the Uniswap (UNI) price by 2023?

Uniswap’s (UNI) price is expected to reach $40 by 2023.

What will be the Uniswap (UNI) price by 2024?

Uniswap’s (UNI) price is expected to reach $50 by 2024.

What will be the Uniswap (UNI) price by 2025?

Uniswap’s (UNI) price is expected to reach $60 by 2025.

What will be the Uniswap (UNI) price by 2026?

Uniswap’s (UNI) price is expected to reach $80 by 2026.

What will be the Uniswap (UNI) price by 2027?

Uniswap’s (UNI) price is expected to reach $100 by 2027.

What will be the Uniswap (UNI) price by 2028?

Uniswap’s (UNI) price is expected to reach $120 by 2028.

What will be the Uniswap (UNI) price by 2029?

Uniswap’s (UNI) price is expected to reach $140 by 2029.

What will be the Uniswap (UNI) price by 2030?

Uniswap’s (UNI) price is expected to reach $160 by 2030.

More Crypto Price Predictions:

 

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