Uniswap (UNI) Price Prediction 2023-2030: Will UNI Price reach $10 Soon?

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Uniswap (UNI) Price Prediction 2022
  • Bullish Uniswap (UNI) price prediction ranges from $5.5 to $8.
  • Analysis suggests that the Uniswap price might reach above $7.5.
  • The Uniswap bearish market price prediction for 2023 is $3.2.

What is Uniswap (UNI)?

A well-liked decentralized trading system called Uniswap is well-known for enabling the automatic trading of tokens related to decentralized finance (DeFi). Uniswap, an automated market maker (AMM) example, debuted in November 2018 but has experienced significant growth this year as a result of the DeFi phenomenon and the ensuing spike in token trading.

Uniswap seeks to increase trading efficiency compared to established exchanges while keeping token trading automated and entirely available to anybody who possesses tokens. By using automated techniques to address liquidity difficulties, Uniswap improves efficiency while avoiding the challenges that beset the early decentralized exchanges.

In September 2020, Uniswap took things a step further by developing its governance token, UNI, and rewarding previous protocol users. This increased both the business’s potential for profit and its consumers’ capacity to influence its course, which is one of the allures of decentralized organizations.

To facilitate trade and the value it brings to the DeFi industry, Uniswap was founded. One of the most important AMMs now in use, the protocol uses the automatic exchange formula X x Y = K. As the creator of the specific application of the formula on Uniswap, Hayden Adams, the founder, claims this.

In addition to being a decentralized exchange, Uniswap aims to address the liquidity problems that platforms like EtherDelta had. The protocol inhibits activity by minimizing risk and cutting expenses for all stakeholders by automating the market-making process. A liquidity pool for any pair of tokens can theoretically be created by anybody thanks to the mechanism’s removal of user identity constraints.

On Nov. 2, 2018, Uniswap V2 became live and added new features like ERC-20 pairings, price oracles, flash swaps, and more. On May 5, 2021, the most recent version, Uniswap V3, became live on the mainnet. It has improved infrastructure, better execution for traders, and more capital efficiency for liquidity providers. Before the introduction of V3’s mainnet, the Uniswap price hit an all-time high (ATH) of $44.97. There has been a lot of interest in its UNI to AUD and UNI to EUR pricing combinations ever since it launched.

Uniswap is distinct from other cryptocurrency exchanges in that it lacks restrictions and enables direct trading of ERC20 tokens. Using smart contract technology makes it possible to swap ERC20 tokens directly on the blockchain.

The ERC-20 standard just specifies a set of guidelines for tokens as well as security issues that primarily concern the stability of the Ethereum network. For instance, traffic jams might increase the cost of petrol required for transactions, causing delays and unusually high transaction costs that affect all parties.

Separately, smart contracts may result in security problems that cause DeFi traders to lose money; in fact, as of September 2021, hackers have already been successful in stealing millions of dollars from DeFi.

Uniswap (UNI) Market Overview

🪙 Name Uniswap
💱 Symbol UNI
🏅 Rank #20
💲 Price $12.7263506436
📊 Price Change (1h) 1.03 %
📊 Price Change (24h) 2.43 %
📊 Price Change (7d) 7.66 %
💵 Market Cap $7619726056.92
💸 Circulating Supply 598736139.71 UNI
💰 Total Supply 1000000000 UNI

Uniswap (UNI) is currently trading at $12.7263506436 and sits at number #20 on CoinMarketCap in terms of market capitalization. There are 598736139.71 UNI coins currently in circulation, bringing the total market cap to $7619726056.92.

Over the past 24 hours, Uniswap has increased by 2.43%. Looking at the last week, the coin is up by 7.66%.

Analysts’ View on Uniswap (UNI)

Founder of Altcryptotalk tweeted on Twitter that he has a long position opened on Uniswap and he’s going to hold it for a while watching the market sentiments.

Moreover, there is also another tweet by another crypto influencer of mentioning Uniswap is one of the top 10 Defi projects by social activity. Uniswap is on the top of the list meaning that there is a lot more potential for Uniswap price to reach higher high.

Nonetheless, the top crypto whales tracker, WhaleStats tweeted that UNI has been on the top 500 list of Altcoins being held by Ethereum whales. 

Another crypto analyst, James Crypto Guru tweeted that he has been accumulating UNI as a part of his portfolio. 

Uniswap (UNi) Current Market Status

The maximum supply of Uniswap (UNI) is 1,000,000,000 UNI, while its circulating supply is 588,187,016 UNI, according to CoinMarketCap. At the time of writing, Uniswap is trading at $4.29 representing a 24-hour increase of 3.61%. The trading volume of Uniswap in the past 24 hours is $84,736,278 which represents a 31.79% increase.

Some top cryptocurrency exchanges for trading Uniswap are  Binance, Huobi, and Coinbase Pro. 

Now that you know Uniswap and its current market status, we shall discuss the price analysis of  Uniswap (UNI) for 2023.

Uniswap (UNI) Price Analysis 2023

Will the Uniswap blockchain’s most recent improvements, additions, and modifications help its price rise? Moreover, will the changes in the payment and crypto industry affect Uniswap’s sentiment over time? Read more to find out about Uniswap’s 2023 price analysis.

Uniswap (UNI) Price Analysis – Bollinger Bands

The Bollinger bands are a type of price envelope developed by John Bollinger. It gives a range with an upper and lower limit for the price to fluctuate. The Bollinger bands work on the principle of standard deviation and period (time).

The upper band as shown in the chart is calculated by adding two times the standard deviation to the Simple Moving Average while the lower band is calculated by subtracting two times the standard deviation from the Simple Moving Average. When the bands widen, it shows there’s going to be more volatility and when they contract, there is less volatility.

UNI/USDT 1-Day Chart Showing Bollinger Bands (Source: Tradingview)

When considering UNI’s behavior during the beginning of 2023, it could be noted that a drastic spike lasted until February. During this spike, UNI was rising while it was hugging the upper band and the movements were in the top half of the Bollinger band. 

After the spike, UNI gradually descended until mid-week of June 2023. From April mid-week to June mid-week, UNI was fluctuating in the lower half of the Bollinger. This shows that the seller was in control, and did not let UNI rise above its average. 

Currently, after touching the lower Bollinger band UNI is rising towards the upper Bollinger band and there is a high chance it could reach the upper band. Once it touches the upper band (overbought) there is a 95% chance that UNI could retracement as per the standard deviation theory. However, there is also more than a 5% chance that UNI could be in an overbought zone for some time.

UNI/USDT 1-Week Chart Showing Bollinger Bands (Source: Tradingview)

The above chart shows the longer time frame for UNI. According to it, UNI is consolidating and the spike spoken above could be within this consolidation range in the longer timeframe. As UNI is moving upwards towards the upper band in the longer timeframe, this might be reciprocated as a large spike in the shorter time frames. Hence, scalpers and day traders may need to be on the lookout. 

The Bollinger bandwidth percentile shows a value of 41.36% and the line seems to be heading downwards. This tells that the bands may further contract and there could be more consolidation for UNI in the near future. 

Uniswap (UNI) Price Analysis – Relative Strength Index 

The Relative Strength Index is an indicator that is used to measure whether the price of a cryptocurrency is over or undervalued. For this purpose, it has two extreme regions known as the overbought and oversold regions. 

When the RSI reads a value (>70) then the crypto is overbought, which means that due to more buying the demand has increased as such the price has also increased. On the other hand, when it is oversold, many are selling, as such, its price is undervalued.

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

The above chart shows how UNI is currently gaining value. The RSI reads a value of 55 and the line seems to be moving upwards into the overbought region. If this movement of the RSI line keeps heading further up, then, UNI could be overbought.

Considering the previous time the RSI was overbought, it could be noted that UNI reached $6.5 as the RSI entered the overbought region. UNI was in the oversold region when its price reached as low as $5. However, currently, the UNI is $4.2 worth but its RSI is neither overbought nor oversold. This means that the new market price is that above.   

Additionally, the RSI could be used to find out divergence. For instance, if UNI is making higher highs, then the RSI should also make higher highs. However, in the event that the RSI makes a lower high, then it is a bearish divergence.  

Uniswap (UNI) Price Analysis – Accumulation and Distribution Line 

The Accumulation and Distribution Line (ADL) is an indicator that relies upon the price and the volume of the cryptocurrency to find out how strong the current trend is. Generally, if there is a price rise then the ADL should also rise along with the price. 

When the preceding happens then there is an assurance that the price rise is being supported by volume. However, when the ADL falls while the price rises, then, it shows that the price change is not supported by volume and the trend is weak.

UNI/USDT 1-Day Chart Showing Accumulation/Distribution Line (Source: Tradingview)

The above chart shows that the accumulation and distribution line (ADL) reads a value of 35M and the line seems to be rising upwards. This shows that there is volume behind UNI’s current rise. However, if more buyers keep accumulating UNI by buying the dip, then the ADL value could rise higher. The ADL percentage indicator shows that the accumulation volume (green) is increasing while the distribution is dwindling.  

Uniswap (UNI) Price Prediction 2023

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

When looking at the chart above, it could be noted that UNI was trading inside a falling wedge since the beginning of 2023. Although it may not seem like a perfect wedge as UNI broke out from the wedge at a couple of points, the rest of the action is a contour of the pattern. Hence, as per the general belief of the pattern UNI is supposed to spike once it completes forming the falling wedge.  Currently, as UNI is heading towards the upper trendline, there is a tendency for it to rebound off of it and ricochet off of the lower trendline until the breakout. 

However, if UNI breaks out from the falling wedge, it may reach above the resistance level at $5.6. With more bulls entering the market, the $5.6 level could be broken effortlessly and UNI could reach the $6.3 resistance level. Moreover, since there is more trading happening at the $6.3 level, Uniswap could break that resistance and move ahead to $7.6. 

The above three resistance levels could also happen once UNI reaches the $3.5 support level and rebounds off of it. However, since this rebound happened in June 2022, the very next year after BTC halving, the above-stated thesis for UNI rebounding off of the $3.5 may be validated in 2025. The purple dotted line suggests that if UNI falls below $3.5, it may seek support from $3.2. 

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

The above chart shows the behavior of UNI in the longer time frame. 2021 produced a drastic rise, this was due to the aftermath of the BTC halving. Since 2024 is the year of BTC halving, UNI may keep on consolidating for some time. It may keep moving in the range between  $3 and $7.5. By 2025 there is a high chance that UNI could rise and reach $43. However, it may be faced with friction at $7.5, $12.5, $19.5, and  $27 before reaching the $45 level. 

Uniswap (UNI)Price Prediction – Resistance and Support Levels

UNI/USDT 1-Day Chart Showing Resistance and Support Levels (Source: Tradingview)

The above chart shows UNI’s behavior during the year 2023. The beginning of 2023 produced a huge spike and UNI rose above the 1:2 gann line. Thereafter, UNI started to descend below the 3:1 Gann line and above the 1:1 Gann line. Although at some points UNI broke through the mentioned Gann line, most of UNI’s price movements were restricted within this region.  

One of the occasions that UNI broke above the 3:1 line was in June 2023 when it reached the 8:1 Gann line ($6.62). However, currently, UNI is on the verge of testing the 3:1 Gann line. Moreover, it may further test the 8:1 Gann line close to $5.

Uniswap (UNI) Price Prediction 2024

Uniswap (UNI) 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 $14.78, making it not plummet but play consistently. 

MonthMinimum PriceAverage PriceMaximum Price
January 202410.79011.00011.230
February 202411.14211.27211.502
March 202411.22711.55211.782
April 202411.72911.84112.064
May 202411.29912.22013.043
June 202412.47112.70113.224
July 202413.01713.14713.377
August 202413.10113.42613.656
September 202413.57013.68213.905
October 202413.01213.93314.756
November 202414.17814.40814.931
December 202414.65614.78615.016

Uniswap (UNI) Price Prediction 2025

Uniswap (UNI) prices might grow past $18.8 during the next two 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 that may be discovered. According to the forecast, UNI has a strong chance of reaching a new all-time high (ATH) price.

MonthMinimum PriceAverage PriceMaximum Price
January 202514.89015.10015.330
February 202515.24215.37215.602
March 202515.32715.65215.882
April 202515.82915.94116.164
May 202515.39916.32017.143
June 202516.57116.80117.324
July 202517.11717.24717.477
August 202517.20117.52617.756
September 202517.67017.78218.005
October 202517.11218.03318.856
November 202518.27818.50819.031
December 202518.75618.88619.116

Uniswap (UNI) Price Prediction 2026

UNI, meanwhile, appears to have reached it’s low right now. Since it cannot break the present low zone, our long-term UNI price projection for 2023 is optimistic. If UNI is unable to overcome its present support and bottom, UNI bulls will likely take control of the situation and drive up the price of UNI until it reaches $22.99.

MonthMinimum PriceAverage PriceMaximum Price
January 202619.00319.21319.443
February 202619.35519.48519.715
March 202619.44019.76519.995
April 202619.94220.05420.277
May 202619.51220.43321.256
June 202620.68420.91421.437
July 202621.23021.36021.590
August 202621.31421.63921.869
September 202621.78321.89522.118
October 202621.22522.14622.969
November 202622.39122.62123.144
December 202622.86922.99923.229

Uniswap (UNI) Price Prediction 2027

UNI appears to have hit bottom right now, in the meanwhile. Since the price of the UNI cannot break the present low zone, our long-term projection for 2023 is optimistic. We may anticipate UNI bulls to rule the roost and lift the price of UNI to hit $31.378 if it is unable to break through its existing support and bottom.

MonthMinimum PriceAverage PriceMaximum Price
January 202723.68023.89024.120
February 202724.48324.61324.843
March 202725.26825.59325.823
April 202725.87025.98226.205
May 202725.84626.76727.590
June 202727.35127.58128.104
July 202727.96528.09528.325
August 202728.44828.77329.003
September 202729.22129.33329.556
October 202728.92229.84330.666
November 202730.36430.59431.117
December 202731.24831.37831.608

Uniswap (UNI) Price Prediction 2028

Uniswap (UNI) prices might grow past $40.94 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. 

MonthMinimum PriceAverage PriceMaximum Price
January 202832.00032.21032.440
February 202832.80332.93333.163
March 202833.58833.91334.143
April 202834.69134.80335.026
May 202834.86735.78836.611
June 202836.37236.60237.125
July 202837.18637.31637.546
August 202837.66937.99438.224
September 202838.44238.55438.777
October 202838.48439.40540.228
November 202839.92640.15640.679
December 202840.81040.94041.170

Uniswap (UNI) Price Prediction 2029

Uniswap (UNI) prices might grow past $50.32 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.

MonthMinimum PriceAverage PriceMaximum Price
January 202941.38041.59041.820
February 202942.18342.31342.543
March 202942.96843.29343.523
April 202944.07144.18344.406
May 202944.24745.16845.991
June 202945.75245.98246.505
July 202946.56646.69646.926
August 202947.04947.37447.604
September 202947.82247.93448.157
October 202947.86448.78549.608
November 202949.30649.53650.059
December 202950.19050.32050.550

Uniswap (UNI) Price Prediction 2030

Uniswap (UNI) prices might grow past $60.090 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.

MonthMinimum PriceAverage PriceMaximum Price
January 203051.15051.36051.590
February 203051.95352.08352.313
March 203052.73853.06353.293
April 203053.84153.95354.176
May 203054.01754.93855.761
June 203055.52255.75256.275
July 203056.33656.46656.696
August 203056.81957.14457.374
September 203057.59257.70457.927
October 203057.63458.55559.378
November 203059.07659.30659.829
December 203059.96060.09060.320

Uniswap (UNI) Price Prediction 2040

According to our long-term UNI price estimate, UNI prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $140 by 2040. If the market turns bullish, the price of UNI could go up beyond what we predicted for 2040.

Minimum PriceAverage PriceMaximum Price
$100$140$160

Uniswap (UNI) Price Prediction 2050

According to our UNI forecast, the average price of UNI in 2050 might be above $300. If more investors are drawn to UNI between these years, the price of UNI in 2050 could be far higher than our projection.

Minimum PriceAverage PriceMaximum Price
$260$300$320

Conclusion

If investors continue showing their interest in Uniswap and add these Coins to their portfolio, it could continue to rise. Uniswap’s bullish price prediction shows that it could reach the $0.0585 level.

FAQ

What is Uniswap (UNI)?

A well-liked decentralized trading system called Uniswap is well-known for enabling the automatic trading of tokens related to decentralized finance (DeFi). Uniswap, an automated market maker (AMM) example, debuted in November 2018 but has experienced significant growth this year as a result of the DeFi phenomenon and the ensuing spike in token trading.
Uniswap seeks to increase trading efficiency compared to established exchanges while keeping token trading automated and entirely available to anybody who possesses tokens. By using automated techniques to address liquidity difficulties, Uniswap improves efficiency while avoiding the challenges that beset the early decentralized exchanges.

How to buy Uniswap (UNI) Token?

Like other cryptocurrencies, Uniswap (UNI) can be traded in cryptocurrency exchanges like Binance, Coinbase, Uniswap, Kraken, KuCoin, Bitfinex, and others.

Is UNI a good investment in 2023?

UNI is expected to continue its upward trend as one of the fastest-rising cryptocurrencies. We may also conclude that UNI is an excellent cryptocurrency to invest in this year, given its recent partnerships and collaborations that have improved its adoption.

Can UNI reach $10 soon?

Uniswap is one of the few cryptocurrencies that has retained its bullish momentum in the past seven days. If this momentum is maintained, Uniswap might reach $0.0585 soon.

Will UNI surpass its present ATH?

Uniswap has a low possibility of surpassing its present all-time high (ATH) price of $44.97 in 2029.

What is the lowest price of Uniswap (UNI)?

The lowest price of Uniswap (UNI) is $0.419, attained on September 17, 2020.

Who is the founder of Uniswap?

Hayden Adams founded Uniswap.

What is the maximum supply of Uniswap (UNI)?

The maximum supply of Uniswap is 1,000,000,000 UNI.

How do I store UNI?

UNI can be stored in a cold wallet, a hot wallet, or an exchange wallet.

When was Uniswap (UNI) launched?

It was launched on November 18, 2018.

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

Uniswap (UNI) price is expected to reach $10.786 by 2023.

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

Uniswap (UNI) price is expected to reach $14.786 by 2024.

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

Uniswap (UNI) price is expected to reach $18.88 by 2025.

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

Uniswap (UNI) price is expected to reach $22.99 by 2026.

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

Uniswap (UNI) price is expected to reach $31.378 by 2027.

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

Uniswap (UNI) price is expected to reach $40.94 by 2028.

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

Uniswap (UNI) price is expected to reach $50.32 by 2029.

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

Uniswap (UNI) price is expected to reach $60.090 by 2030.

What will be the Uniswap (UNI) price by 2040?

Uniswap (UNI) price is expected to reach $140 by 2040.

What will be the Uniswap (UNI) price by 2050?

Uniswap (UNI) price is expected to reach $300 by 2050.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect

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