Uniswap Price Prediction: 2024, 2025, 2030

UNI price prediction: Key highlights

1. Primary support and resistance levels

• On the weekly time frame, $4.0 was established as the lowest floor.
• Meanwhile, $12.9 was noted as the highest resistance for UNI.

2. Market sentiment

• As of September 2024, the market remains bearish.

3. Predictive forecasts

• Based on our AI/ML predictive algorithms, UNI can trade at an average price of $20 in 2030 and $40 in 2034.

Get deep insights on UNI’s future trajectory through a comprehensive weekly technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:

UNI technical analysis: Optimism rises as token unlock wraps up

The Uniswap price prediction for 2024 presents a compelling narrative of the token's journey. This has been characterized by significant fluctuations and notable rejections that shaped its market performance. 
 

The beginning of the analysis was characterized by UNI dropping to the lowest support level at $4.0 in mid-September. An impressive rally commenced in late October, culminating in a bullish flip of $5.6 in late November.
 

This level acted as a cushion to contain further declines as the price dropped after exceeding $7.0 between late December and January. In the subsequent month, the bulls regained control. A stronger rally enabled the price to surpass $9.2 by mid-February, thus gaining a double-digit valuation. 
 

This uptrend propelled the token to its highest level since January 2022, over the yearly high barrier of $12.9 in early March. Nevertheless, a correction followed, triggered by the asset’s overbought state.

This dragged it back below peak resistance by mid-month. The market downturn and the regulatory troubles in April exacerbated the drops, with UNI dropping to the low of $7.0. 
 

After briefly stabilizing, the token pumped in late May, reclaiming $9.2. AMBCrypto reported that the introduction of a governance proposal on Uniswap triggered this rise. The proposal aimed to establish an autonomous fee collection and distribution system from Uniswap V3 trades. 

Nonetheless, the buying pressure dwindled by late June. AMBCrypto highlighted a significant increase in monthly active users on Uniswap, though the Total Value Locked (TVL) on the platform decreased considerably during the same period. The report also noted a substantial decline in the token's price and network growth, reflecting low interest.
 

As the calendar turned to July, $9.2 was reinstated as resistance as whales sold a substantial portion of their holdings. Furthermore, AMBCrypto revealed that Uniswap Labs voiced concerns about the U.S. Securities and Exchange Commission's (SEC) proposed amendments to the definition of “exchange” and the agency’s oversight over decentralized finance (DeFi).

This regulatory apprehension introduced further market uncertainty. Thus, by August, bulls sought a base at $5.6 again. By September, the price resumed its upward trajectory and challenged the immediate resistance.

AMBCrypto noted that this rebound was triggered by seller exhaustion. Furthermore, exchange inflows dropped since hitting a monthly high on August 24, opening the way for further upside. At press time, UNI was trading at $6.5. 
 

Recently, Uniswap completed unlocking its entire 1 billion token supply. Despite this, only about 25.83% of the tokens circulate in the market. The community treasury, team members, investors, and advisors have not released a significant portion of their holdings. Their decision to retain over 700 million UNI tokens demonstrated a strong commitment to holding, which has helped stabilize the market.

Thus, if the positive sentiment continues, the bulls can extend the rally toward $9.2. Flipping this would pave the way for a retest of the yearly highest barrier.
 

Notwithstanding, if declines continue, the price can fall to the current support. In case of an extended downtrend, revisiting the lowest support is likely. Extending the forecast in the long-term, predictive models suggest that UNI could be trading at an average price of $20 in 2030, with the potential to reach $40 by 2034.

UNI's 2024 roadmap: Key indicators to watch and trade

• The trading volume’s modest recovery from late October was dampened by mid-January. The substantial spikes from mid-Februray faced a similar fate the following month, highlighting a lack of investor conviction.
• The Awesome Oscillator (AO) moved over the zero line in late November. The predominant decline in positive values from Q2 2024 drove the indicator below zero by late July. At the time of writing, it stood at -2.198, reflecting the market’s bearish bias.
• The On-Balance Volume (OBV) ascended from late October until March. After a brief decline, the indicator rose slightly between April and June before moving south again. As the analysis ended, it stood at 462.034 million, indicating net selling pressure.