UniSwap Price Prediction 2023, 2024, 2025: Will UNI Coin Price Record New Yearly High Soon?

The post UniSwap Price Prediction 2023, 2024, 2025: Will UNI Coin Price Record New Yearly High Soon? appeared first on Coinpedia Fintech News

DeFi’s have come into existence with the idea of no intermediaries. The sector is going mainstream in the industry, as investors are now evaluating digital assets based on its TVL in DeFi, amongst other factors. Since its inception, the UNI has served as trustless and highly decentralized financial infrastructure.

After proving product-market fit for highly decentralized financial infrastructure, a platform that has thrived independently. UniSwap is now particularly well positioned for community-led growth, development, and self-sustainability.

Uniswap, a prominent cryptocurrency from this sector, aims to bring greater decentralization. The protocol’s native asset UNI is under the active consideration of marketers. Are you considering investing in UNI but are dubious about its future prospects? Then, look no further as we decode the possible Uniswap price prediction 2023 – 2025 and the years to come!

Overview

Cryptocurrency	Uniswap
Token	UNI
Price	$ 5.13185438 4.80%
Market cap	$ 3,018,490,112.9875
Circulating Supply	588,187,015.7100
Trading Volume	$ 141,155,328.1205
All-time high	$44.97 on 03rd May 2021
All-time low	$0.419 on 17th September 2020
24 High	$ 5.2580
24 Low	$ 4.7680

UniSwap Price Prediction November 2023

The UNI price was seen trading below its key resistance of $4.386 for a brief period, following which the price gained momentum and broke out of the resistance level.

Following the recent market pump, the price finally managed to break out of the resistance level, resulting in the price to gain momentum and further break out of multiple resistance levels. The price was then rejected at $4.798 after which the price has experienced minor correction and traded sideways for about a week, after which the price regained momentum.

The MACD displays a rising green histogram, indicating a bullish sentiment in the market. Further, the chart shows a bullish crossover, suggesting the price to experience a strong bullish moment soon.

If Uniswap manages to break out of the resistance level at $5.191, then the price will experience a bullish trend and will prepare itself to test the resistance level of $5.50 soon. Further, if the price manages to gain momentum then the price will continue to climb and test its resistance level of $6.

But if the bears regain power and the bulls fail to hold the price above $4.933, the price will prepare to plunge, and test its crucial support level of $4.555 this month.

UniSwap Price Prediction 2023

While it had many far reaching benefits for the ecosystem as a whole, it had unintended consequences on TWAP oracles. Recently UniSwap V4 update was launched which helped the price to gain back the momentum but for a very short period of time.

The price has experienced many ups and downs this year as the price has been highly volatile. The UNI coin bulls continue to struggle to gain back momentum as the price is constantly losing its value.

The MACD displays a constant green histogram, indicating the price to experience massive buying and selling power. Further, the chart shows a rising histogram, suggesting the price to continue gaining value.

If the bulls manage to gain power, push its value up and ignite a bullish momentum, then the price is expected to reach a high of $8.69 by the end of the year.

If the market faces a bearish trend and fails to pull itself back, then the price of Uniswap may go as low as $3.989 with an average of $5.439.

Uniswap Price Prediction 2023 – 2030

The introduction of UNI (ERC-20) serves this purpose, enabling shared community ownership and a vibrant, diverse, and dedicated governance system, which will actively guide the protocol towards the future.

The circulation supply of UNI on ETH has shown a surge in the recent past. The digital asset might seek further attention from marketers as it provides an easy way to exchange coins. Uniswap price for 2023 could range from $4.27 to $8.69.

UniSwap Price Prediction 2024

The year 2024 remains imperative for the crypto industry, as it marks the halving of Bitcoin. The event holds the potential to kickstart a bull season. In such a case, the price of the altcoin could escalate to its potential high of $12.85. 

On the downside, factors like regulatory clampdown could haunt the price down to $7.63. Successively, the average trading price might occur at $10.80.

UniSwap Price Prediction 2025

By the end of 2025, Uniswap coin would be growing its user base, which would seek impetus as the protocol creates liquidity. It might concentrate on newer projects to enhance the protocol to make it more user-friendly. That said, by the end of 2025, Uniswap price prediction 2025 could hit its potential high of $18.33. 

Whilst regular buying and selling pressures could limit the closing price to $15.11. Contrastingly, the price unicoin could plunge to $11.76 if it fails to meet the market expectations.

UNI Price Prediction 2026

According to our analysts, UNI coin price prediction for the year 2026 could range between $17.91 to $25.94 and the average price of Uniswap could be around $21.89.

UniSwap Crypto Price Prediction 2027

According to our analysts, Uniswap price for the year 2027 could range between $23.53 to $31.11 and the average price of UNI could be around $27.15.

UNI Token Price Prediction 2028

According to our analysts, UNI crypto prediction for the year 2028 could range between $30.69 to $40.26 and the average Uniswap coin price could be around $35.85.

UniSwap Coin Price Prediction 2029

According to our analysts, Uniswap’s forecast for the year 2029 could range between $37.97 to $49.66 and the average Unicoin price could be around $43.32.

UniSwap Price Prediction 2030

According to our analysts, UNI predictions for the year 2030 could range between $47.62 to $61.89 and the average Uniswap price could be around $54.59.

Market Analysis

*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.

CoinPedia’s UniSwap Price Prediction

As per CoinPedia’s formulated Uniswap price prediction, specific collaborations and partnerships could boost the protocol, thereby propelling the price to $7.1568 by the end of 2023. 

On the flip side, the price may drop to $5.7360, if UNI fails to concentrate on certain developments. That said, we can look forward to average levels of $6.4464 if the digital asset refrains from reacting to market sentiments. 

Fundamental Analysis

Uniswap is a decentralized exchange founded by Hayden Adams in November 2018. The protocol exists in the form of two smart contracts hosted on the Ethereum blockchain and a public, open-source front-end client. 

It’s a 100% on-chain market maker allowing the swapping of ERC20 tokens, ETH to an ERC20, and vice-versa. Uniswap owes its success to the thousands of community members that have joined its journey over the past two years.

These early community members will naturally serve as responsible stewards of Uniswap. With innovations in blockchain, web3 aims to reclaim user privacy and choice after decades of internet businesses that have exploited it. Uniswap Labs shares these values and is working to be a leader in this effort.

Do you also want to understand the primary language of Crypto and pro-crypto traders? Here is a guide for you to understand what cryptocurrency is!

Factors Affecting The Price Of UniSwap

• Supply and Demand: A spike in supply and demand can help surge the price of this coin to new highs.
• Governments: Regulations by the government and the Central Bank Digital Currencies (CBDCs) could impact the crypto industry greatly.
• Inflation of fiat currencies: Hyperinflation could drive people and governments towards Cryptocurrencies as an alternative.

What Is Uniswap?

Uniswap is a well-known decentralized trading protocol built on the Ethereum blockchain, which aims to facilitate the automated trading of DeFi tokens. The protocol enables users to exchange any ERC20 token, including the native ETH token. Without middlemen, anyone with an Ethereum address can contribute to the exchange’s liquidity and earn from it.

UNI is the native token of the Uniswap protocol and entitles its holders to governance rights. This means that UNI holders can vote on changes to the protocol. The tokens were launched in an airdrop to thousands of users in mid-September 2020.

Do you want to know more about the Ethereum, then here is a complete guide for you to understand the worlds second largest cryptocurrency.

Uniswap Historical Market Sentiments 2020 – 2022

• Uniswap entered the crypto market on the 17th of September with a trading price of $2.94. However, the price dramatically surged to $6.96 two days after the launch, as it was listed on several exchanges.
• Unicoin price traded between $3.98 to $5.02 in the month of September. 
• The price reached its resistance level by mid-November and remained at $3. By the end of 2020, UNI was trading at $4.62.
• Uniswap made its way to 2021 with a trading price of $4.97. UNI hit $34.77 to register a new all-time high on the 7th of March. However, the price tumbled by almost 50% after the crash on the 19th of May. 
• In August, regaining the price momentum, UNI’s price surged to $30.46 from $14. Then, with a slight pullback, the asset traded at around $25 until November. After volatile weeks, the year was closed at $16.23.
• Unicoin price made it to 2022 with a price tag of $16.80, just as the digital asset started picking up steam. It was pushed to $14.49 by the 8th of January. While the numbers rose to $18.18 over the week, the leg-up was short-lived, as the price fell to $9.60 by the 24th of January. 
• After hovering closer to its resistance level at $10.91 until the 19th of February, UNI saw its quarterly low of $7.48 on the 24th of February. Following its move through the turbulent weeks, the altcoin closed its quarterly trade at $12.37. 
• Just like any other cryptocurrency and the broader market, the second quarter has been brutal for the Defi token. After losing out over 57% of profits, in the second quarter. The current uniswap price is $5.928.

CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!

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[Source: Coinpedia]