Uniswap Price Prediction 2025-2030: This May be When UNI May Reach $50!

Key Takeaways The Uniswap price closed the previous day’s trade…

9 Nov 2022 | 4 min read

Uniswap Price Prediction 2025-2030: This May be When UNI May Reach $50!

Table of Contents

Key Takeaways

The Uniswap price closed the previous day’s trade at $ with a market capitalization of $ and a circulating supply of
Despite the rejection, the UNI price remains in a bullish trade setup, approaching the peak of the consolidation.
As a result, the token is expected to explode finely and reclaim a double-digit figure at the earliest th leap long in the coming days to form a new ATH.

Uniswap Price Prediction Today

Current Price	$7.12
UNI Price Prediction for Today	$6.97
Volatility	7.28%
50-Day SMA	$6.41
14 Day RSI	56.42
Sentiment	Bearish
Fear and Greed Index	33(Fear)
Green Days	19/30(63%)
200-Day SMA	$6.42

Related more: Top DeFi Tokens

Uniswap Technical Analysis

Source: Tradingview

The UNI price has recently risen above the parallel consolidation, indicating the possibility of a bullish breakout in the coming days.
Despite the recent rejection, the price remains within an ascending bullish pennant.
As a result, the price is expected to recover from the current support levels, which are located along the lower trend line.
With a rebound, the price may first reclaim $7.5 before breaking through the pivotal resistance and reaching $8 by mid-November.

Read more: Uniswap Technical Analysis

Uniswap On Chain Analysis

The active address count which had dropped close to 500 during the last few days of October has surged beyond 1000 and presently hovering around the same levels at the moment.

Source: Messari.io

The supply held by top addresses compared to that of the total supply had dropped significantly but raised quickly during the beginning of Q4 & maintained a notable upswing ahead.

Source: Santiment

Woefully, the development activity over the platform has dropped heavily since the market collapsed in May and plateaued ahead

Source: Santiment

WILL Uniswap PRICE REACH $8 TODAY?

The UNI price ignited the monthly trade on a bullish note and maintained a significant upswing until it received a notable push to surge high. The price raised notably high from levels around $6.91 to mark highs around $7.7 and woefully witnessed a drop of nearly 10% during the past trading days.

Therefore, the price which began the day’s trade within the influence of the bears is expected to test the local support at $6.8 and attempt a rebound. If the price rebounds finely, it may attempt a bullish close else may remain within a bearish trend until the day’s end. Hence the Uniswap price prediction for today is between $6.9 to $7.4

WILL Uniswap Price REACH $10 by the End of October 2022?

For more than 4 months, the Uniswap price has been trading within a decisive trade setup, and it is expected to manifest a larger price action very soon. Meanwhile, the price may experience a slight pullback and may fall below $6.5 in the coming days. However, the subsequent rebound may significantly raise price levels and place it in a decisive phase later.

In the coming weeks, the price may approach the apex of the consolidation, resulting in significant momentum. As a result of a breakout, the price may initially rise above pivotal levels around $8 before continuing on a bullish trend to reach $9 or higher. Therefore, the Uniswap price prediction for the week is $6.7 to $7.1, while the monthly forecast is $7.7 to $8.5.