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.
Uniswap Price Prediction 2025-2030
The most popular DEX, Uniswap, launched its native token with a bang! Soon after receiving 400 UNI, the market experienced a massive bull run that increased the price by over 1600%. Meanwhile, the bear market slashed prices sharply but eventually stabilized at the beginning of 2022. The UNI price, on the other hand, is expected to quickly recover and reclaim a double-digit figure, as well as maintain a significant upswing in the coming days.
| Year | UNI Price Forecast |
|---|---|
| 2022 | $9.7 to $11.5 |
| 2023 | $20 to $31.8 |
| 2024 | $35.8 to $46.4 |
| 2025 | $52.5 to $59.1 |
Uniswap News Today
- The updated version, Uniswap V3 went live on various chains in the past week.
Uniswap v3 is live on 5 different chains!
Check out how our refreshed interface changes as you toggle between them with just one click 😍https://t.co/JTiOmVWZl9 pic.twitter.com/BkRgr43YjP
— Uniswap Labs 🦄 (@Uniswap) November 3, 2022
- The Uniswap platform recently raised $165 million in Series B funding with an aim to excel within the Web 3 space.
1/ We’re proud to announce that we’ve raised $165 million in Series B funding to bring the powerful simplicity of Uniswap to even more people across the world 🦄🍾https://t.co/ChilydWOEO
— Uniswap Labs 🦄 (@Uniswap) October 13, 2022