Uniswap is a decentralized exchange that’s built on the Ethereum blockchain. It allows users to trade ERC20 tokens without any fees. The team has ambitious plans for the future, including trading USDT and other fiat pairs in the near future.
The uniswap price prediction 2025 is a question that has been asked many times. It will be interesting to see if the coin will hit $50 soon.
- The range of bearish UNI price predictions is $23.43 to $30.
- UNI prices may potentially hit $50 in the near future.
- For 2021, the UNI pessimistic market price forecast is $16.12.
We utilize data, price trends, RSI, and other information about UNI to evaluate the cryptocurrency’s future movement in Uniswap (UNI) price forecast 2021.
Uniswap is a popular decentralized exchange that operates on the Ethereum blockchain. There is no one entity that owns Uniswap. Uniswap is a cryptocurrency built on the Ethereum blockchain that was launched in 2018.
UNI is also the native token of Uniswaps. Holders of UNI have the ability to vote on future platform innovations and modifications. In the year 2020, the UNI token will be released.
At the time of writing, the UNI price was trading at $18.23 on CoinGecko, with a 24-hour trading volume of $399,327,082. UNI, on the other hand, has dropped 8.3% in the past 24 hours.
Furthermore, there are 575,171,205.73 UNI in circulation. UNI trades on Binance, OKEx, and Coinbase Pro at the moment.
Price Prediction for Uniswap (UNI) in 2021
Uniswap (UNI) is now ranked 11th on CoinGecko. The price of UNI in 2021 is forecasted using a daily time period, as shown below.
A falling wedge pattern may be seen in the chart above. When the market produces lower lows and lower highs with a shrinking range, this pattern is created. Although this is a bullish chart pattern, it may also suggest reversal and continuation patterns.
If the UNI price breaks over the $20.58 resistance level on the daily time frame chart, it will achieve the goal of $41.27. Otherwise, if the UNI price breaks through the $14 support level, it will fall to the next support level at $12.90. As a result, the UNI’s trend is predicated on the breakout.
Support and Resistance Levels in UNI
The chart below depicts UNI’s support and resistance levels.
Support and Resistance Levels UNI/USDT (Source: TradingView)
The resistance and support levels of UNI are clearly visible in the above daily time frames.
- $23.43 is the first level of resistance.
- Level 2 Resistance – $30.00
- Level 3 Resistance – $38.20
- $16.12 for Level 1 Support
- $13.85 for Level 2 Support
The UNI has been in a negative trend for the last month, according to the charts. If the current trend continues, the price of UNI may fall to nearly $16.12, indicating a negative indication.
If investors concentrate on UNI, though, it may run with the bulls and surpass its resistance level at $38.20.
Average Directional Index (UNI) of Uniswap (UNI) (ADX)
Let’s take a look at UNI’s Average Directional Index (ADX). The Average Directional Index (ADX) is a tool that traders use to assess the strength of a trend rather than its direction. It may be used to see whether the market is shifting or if a new trend is beginning. It contains the ADX line and is linked to the Directional Movement Index (DMI).
From 0 to 100, the oscillator ranges. High value and low value imply a strong and weak trend, respectively. It is often used in conjunction with directional indicators.
The ADX of UNI remains above the range of 18.878, indicating a sideways trend, as seen in the chart above.
The UNI is one of the cryptos that has managed to hold its footing in the face of a bullish market. Our long-term UNI price forecast for 2021 is also negative.
Furthermore, with the UNI ecosystem’s continuous growth and improvement, it may have a bright future ahead of it in 2021. It may soon hit $38.20, and it may even reach high levels, such as $50, if investors believe UNI is a solid investment in 2021.
Disclaimer: The author’s viewpoint is the only one represented in this graph. It should not be construed as investment advice. Before investing, TheNewsCrypto staff advises everyone to conduct their own research.
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The uniswap price prediction tomorrow is a question about the future value of UNI. Uniswap is currently valued at $0.06, but will it continue to grow?
Frequently Asked Questions
What will Uniswap be worth in 5 years?
Uniswap is currently worth $2.
Can Uniswap reach $1000?
Im sorry, but Uniswap cannot reach $1000.
What is the price prediction for Uniswap?
The price of Uniswap is currently at $0.003818, with a market cap of $1,964.
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