tradingkey.logo

Uniswap price prediction 2024-2030: Will UNI keep steady?

CryptopolitanSep 28, 2024 1:40 PM

Key takeaways

  • Uniswap (UNI) might reach as high as $7.30 by 2024.
  • Estimates for Uniswap’s average price in 2027 range from $21.38 to $25.03.
  • UNI’s average price in 2030 will be $72.60, with a maximum price of $80.79.

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

CryptocurrencyUniswap
AbbreviationUNI
Current Price$7.550
Market Cap$4,548,169,954
Trading Volume$157,596,758
Circulating Supply600,294,744 UNI
All-time High$44.97 May 03, 2021
All-time Low$0.419 Sep 17, 2020
24-hour High$7.85
24-hour Low$7.41

Uniswap price prediction: Technical analysis

MetricValue
Volatility (30-day Variation)6.41%
50-Day SMA 6.90
200-Day SMA 8.76
SentimentBearish
Fear & Greed26 (Fear)
Green Days 16/30 (53%)

Uniswap price analysis: Uniswap devalues to $7.550 amidst downside

TL;DR Breakdown:

  • Uniswap price analysis shows a downward trend at $7.550.
  • UNI value has devalued up to 1.16% during the day.
  • UNI prices are seeking support around the $7.463 border.

On September 28, 2024, Uniswap price analysis revealed a downward trend for the cryptocurrency. Coin value has dropped down to $7.550 low in the past 24-hours. Side by side, if we observe the entire situation, the coin has lost up to 1.16% of its value during the day. Despite an upward swing earlier this week, today the bears remained on the dominating end.

Uniswap price analysis on a daily time frame

The 1-day price chart of Uniswap revealed a decreasing trend for the cryptocurrency. Coin value has declined to $7.550 end during the day, considering the downside. The overall market sentiment remained on the negative end as well. However, as the volatility is on the increasing side, there are high chances of reversal in the market events soon.

The gap between the Bollinger bands determines market volatility. As the Bollinger bands are currently widening, this indicates an increase in the volatility. Moreover, the upper end of the Bollinger bands indicator, acting as the support band, is at $7.463 high. Whereas, the lower end of the Bollinger bands indicator, serving as yet another support, is at $6.267.

UNI/USD 1-day price chart. Source: TradingView

The Relative Strength Index (RSI) indicator is situated close to the overbought region. Its value has decreased up to 65.17 high during the past 24-hours. The downward curve on the RSI graph is suggestive of a bearish trend. Moreover, despite the previous upswing, today’s decreasing movement has resulted in a substantial loss in RSI value. This loss refers to an instability within the trading environment.

Uniswap price analysis on a 4-hour chart: Cryptocurrency value deteriorates below $7.550.

The four-hour price analysis of Uniswap confirms a downward trend for the currency. Coin value has dropped to a $7.550 low in the past four hours. This declining movement confirms that the selling activities are dominating over the buying activities once again. The coin value has thus receded below its moving average value.

The Bollinger bands are widening, leading to a rise in the volatility. This increase refers to a higher market unpredictability. Moreover, the upper limit of the Bollinger bands indicator, acting as resistance, has moved to $7.898. Conversely, the lower limit of the Bollinger bands indicator, serving as support, has switched to $6.663.

UNI/USD 4-hour price chart. Source: TradingView

The RSI indicator is situated close to the overbought region. Currently at 62.79, however; moving downward, this signifies a bearish takeover. The selling pressure remained high during the past four hours of the day. The steep slope on the RSI graph dictates a bearish trend and an unbalanced trading environment for now.

Uniswap technical indicators: Levels and action

Daily Simple Moving Average

PeriodValue ($)Action
SMA 3 5.87BUY
SMA 5 5.92BUY
SMA 10 6.12BUY
SMA 21 6.40SELL
SMA 50 6.90SELL
SMA 100 8.21SELL
SMA 200 8.76SELL

Daily Exponential Moving Average

PeriodValue ($)Action
EMA 3 6.25SELL
EMA 5 6.28SELL
EMA 10 6.29SELL
EMA 21 6.47SELL
EMA 50 7.17SELL
EMA 100 7.87SELL
EMA 200 8.09SELL

What to expect from Uniswap price analysis next?

Uniswap price analysis for the day gives out a highly bearish prediction regarding the ongoing market events. Coin value has dropped down to $7.550 low in the past 24-hours. Side by side, cryptocurrency has lost up to 1.16% of value during the day. The selling activities have been dominating over the buying activities today. Technical indicators are giving out a negative signal, whereas the price charts are favoring the bears 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 1.16 percent of its value over the last 24 hours, and its price has decreased to $7.550.

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

  • Claims that the Uniswap platform charges $20 million for protocol deployments have been disputed by CEO Hayden Adams, who referred to it 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 who are looking for attention. He continued by saying that deployments are ranked according to the activity and effort involved, while attempts are being made to lower the amount of work needed per chain.
Hayden Adams replies to user comment on X.

Uniswap price prediction September 2024

For September 2024, UNI shows an ability to swing wildly; the anticipated minimum value of Uniswap is $5.43. The price may jump to $7.12, but the average trading price of $6.30 is expected throughout the month.

MonthPotential Low ($) Average Price ($)Potential High ($)
September 2024$5.43$6.30$7.12

Uniswap price prediction 2024

For 2024, UNI’s price might reach a maximum of $7.30, which is over 20% higher than the current price. The minimum price is expected to be $6.50, with the year’s average trading price estimated at around $6.80.

MonthPotential Low ($) Average Price ($)Potential High ($)
2024$6.50$6.80$7.30

Uniswap price predictions for 2025-2030

YearPotential LowAverage PricePotential High
2025$9.74$10.08$11.53
2026$14.14$14.64$17.14
2027$21.38$22.11$25.03
2028$30.41$31.51$37.48
2029$46.35$47.61$52.97
2030$70.70$72.60$80.79

Uniswap price prediction 2025

For 2025, Uniswap is projected to have a minimum price of $9.74. The price could soar up to $11.53, with an average of $10.08.

UNI price prediction 2026

For 2026, Uniswap’s price is projected to have a minimum value of $14.14. The price could soar up to $17.14, with an average of $14.64.

Uniswap (UNI) price prediction 2027

In 2027, the price of UNI is anticipated to hit a minimum of $21.38. The maximum price might reach $25.03, with an average trading value of $22.11.

Uniswap price prediction 2028

The 2028 forecast for Uniswap predicts a minimum price of $30.41 and a maximum of $37.48, with an average price of $31.51.

Uniswap price forecast 2029

The price of Uniswap in 2029 is expected to start at a minimum UNI price of $46.35 and climb to $52.97 while averaging $47.61.

Uniswap (UNI) price prediction 2030

For 2030, the minimum projected price for Uniswap is $70.70. Traders can expect a maximum price of $80.79 and an average of $72.60, as per Uni coin price prediction.

UNI market price prediction: Analysts’ UNI price forecast

Firm Name20242025
DigitalCoinPrice$20$25.29
Wallet Investor$9.89$27.162
Coincodex$ 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) price history
  • 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.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI