- Bullish UNI price prediction ranges from $23.47 to $44.81.
- UNI prices might also reach $50 soon.
- UNI bearish market price prediction for 2022 is $4.72.
This Uniswap (UNI) Price Prediction article is based on technical analysis alone. Below, you will see the key confluences that we have taken into consideration upon coming up with our UNI price analysis and prediction.
Uniswap (UNI) continues to be one of the active cryptocurrencies in the crypto space. As a matter of fact, crypto is now one of the top 33 cryptos in CoinGecko in terms of market capitalization at the time of writing. Indeed, this is a performance level that could catch the attention of traders and investors globally. Furthermore, the crypto recorded 14% growth rate in the past 14 days, an uptrend position.
However, apart from its price, how much do we know about Uniswap (UNI)? Better yet, what is Uniswap? Let’s find out about Uniswap in this UNI price prediction article 2022.
What is Uniswap (UNI)?
Uniswap is a famous decentralized trading system which is used in facilitating automated trading of decentralized finance (DeFi) tokens. Moreover, Uniswap is an automated market maker (AMM) launched in November 2018, however, gained popularity in 2020 after it airdropped 400UNI tokens all users of the exchange before the date of the snapshot, which directly increased the token’s volume of trade and adoption
Uniswap focuses on keeping the trading token automated and completely open to anyone who holds tokens. Even more, it improves the efficiency of trading vs that on traditional exchanges. More so, Uniswap develops more efficiency by solving the issue of liquidity with automated solutions, in avoiding the issues which plague the first decentralized exchanges.
Furthermore, this adds both profitability potential and the ability for users to shape its future, an attractive aspect of decentralized entities.
Now that we have answered the question “What is Uniswap?”, we can proceed to our Uniswap price analysis.
UNI Current Market Status
As of the time of writing this Uniswap price analysis, UNI trades at $12.04 with a 24-hour trading volume of $219,843,956. The price of UNI has increased by 3.01% in the last 24 hours.
Furthermore, UNI has a current circulating supply of 631,420,607.81 UNI. Currently, the top cryptocurrency exchanges for UNI are Binance, Huobi Global, OKEx, FTX, Tokocrypto, Kucoin, Kraken, Bitfinex and Bithumb.
Now, let’s proceed to the next part of this UNI technical analysis.
Uniswap (UNI) Price Analysis
Currently, Uniswap holds the 33rd place on CoinGecko. But will the latest upgrades, developments, and changes in the UNI blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this UNI price prediction article.
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 uptrend could continue since the last candlestick is not touching the bottom curve in the Keltner Channel chart above. This shows that the present increase in the price of Uniswap (UNI) might be sustained for some days before any reversal would be expected.
The relative strength index (RSI) of Uniswap (UNI) is 46.74 which shows that it is in the neutral region since it is between 50 and 30. However, the trend can change to a strong trend since it is closer to 50.
From the 200 days and 50 days moving averages for Uniswap (UNI), it could be seen that UNI would go bullish in the long-term since the 200-day moving average is above the 50-day moving averages. Hence, long-term investors could recover some part of their investments that had been lost in recent weeks due to crypto winter.
Uniswap (UNI) Price Prediction
The chart below shows that Uniswap has performed great over the past few days. Moreover, the UNI price is over 14.7% in the last 7 days. If this trend continues, UNI might run along with the bulls, overtaking its $14 resistance level1 and climbing higher to $44.81 bullish signal for 2022.
Conversely, if the investors turn against the crypto, the bears might take over and dethrone UNI from its uptrend position. In simpler terms, the price of UNI might plummet to almost $9.39 and then lower to $4.72 at support3, a bearish signal for 2022.
Meanwhile, our long-term UNI price prediction for 2022 is bullish. It has a high possibility of surpassing its current all-time-high (ATH) at about $44.97 this year. However, that will only happen if it breaks many previous psychological resistances.
Uniswap (UNI) Price Prediction 2022
If this bullish trend continues, Uniswap will reach $44.81 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $23.47 at resistance3. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $50 is quite optimistic in the price point of view but undoubtedly feasible for the near future.
Uniswap (UNI) Price Prediction 2023
The price of Uniswap can move even great heights, however reaching $80. Moreover, this is possible only if the market maintains its bullish trend. In addition, only if the cryptocurrency Uniswap breaks past the psychological resistance level.
Uniswap (UNI) Price Prediction 2024
As per the latest upgrades, developments, Uniswap price prediction, and new project forecasts of the platform. Moreover, this might boost the price of Uniswap in the crypto market, and it will be the best investment as the price can spike and reach around $100.
Uniswap (UNI) Price Prediction 2025
In the next four years, Uniswap prices could race up to $150. However, reaching this level could not be so difficult for Uniswap as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that Uniswap has a high possibility of reaching a new ATH soon in the next five years as per the prediction.
Uniswap (UNI) Price Prediction 2026
With the continuous adoption of cryptocurrency and more developments in Uniswap ecosystem, UNI might reach $200 by the end of 2026.
Uniswap has a bright future ahead of it in 2022. With the ongoing developments happening within the UNI ecosystem, as well as in the overall crypto market, we may see UNI reach new heights.
Bullish UNI price prediction 2022 is $44.81. As said above, it may even reach $50 if investors have decided that UNI is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.
UNI swap can prevent its price decline if the investors and traders continue to trust the platform. For this reason, UNI bullish escapade can still continue without the fear of major price decline.
UNI is one of the most active digital assets in the crypto world. As a matter of fact, UNI is one of the top 15 crypto in CoinGecko in terms of market cap.
Bitcoin has its own technology and market strategy not related or connected to UNI. As a result, no evidence can prove that BTC affects the market price of UNI.
Users can obtain UNI coins by purchasing them from cryptocurrency exchanges such as Binance, or OKEx.
UNI is a good investment in 2022. Moreover, UNI has a high possibility of surpassing its current ATH at about $44.97 this year.
Yes, it’s very much possible that UNI might reach $50 in the near future as per the current bullish trend.
Uniswap (UNI) price is expected to reach $50 by 2022.
Uniswap (UNI) price is expected to reach $80 by 2023.
Uniswap (UNI) price is expected to reach $100 by 2024.
Uniswap (UNI) price is expected to reach $120 by 2025.
Uniswap (UNI) price is expected to reach $200 by 2026.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.