Uniswap Price Prediction: 2024, 2025, 2030

UNI price prediction: Key highlights

1. Primary support and resistance levels

• On the weekly time frame, $4.0 established itself as the lowest floor for the token.
• Meanwhile, $15.0 can likely prove to be the highest resistance for UNI.

2. Market sentiment

• In June 2024, the market sentiment remains bearish.

3. Predictive forecasts

• Based on our AI/ML predictive algorithms, UNI can trade at an average price of $180 in 2027 and over $1600 in 2030.

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: Will the market see green again?

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’s considerable challenges in rallying from its lowest support at $4.0. A gradual build-up of buying pressure over two months elevated the price to test $6.6 by the end of July.

This test resulted in a rejection, causing the token to revisit its lowest support level in mid-September. An impressive rally commenced in late October, culminating in a December retest of the previous level.

After repetitive testing, the price momentarily surged over it. However, the momentum was short-lived, as the price failed to maintain its ascendancy, resulting in a retraction in the new year. The bulls regained control in February, with another rally decisively enabling the price to surpass $6.6 by mid-month. 
 

This uptrend propelled the token to new heights, establishing a new high resistance at $12.9 while turning $11.1 into support. In early March, UNI’s price rose to its highest level since January 2022, crossing the yearly high barrier.
 

Nevertheless, a correction followed as the asset became overbought, dragging it back below $12.9 by mid-month. The market downturn in April exacerbated the drops, with UNI losing its double-digit standing to fall back to $6.6.
 

Notably, the token pumped in late May, flying past the critical $10.0 mark to retest the support-turned-resistance at $11.1. 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. 
 

Building on this momentum, the token managed to cross this resistance slightly in mid-June. Nonetheless, the price fell closer to $9.2 by late month, with UNI trading at $9.3 at press time. 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.

Going forward, if the market fails to avert further declines, the current support might fail, with UNI freefalling to $6.6. In case of an extended downtrend, revisiting the lowest support is likely.

For UNI to experience a positive trend, it must overcome the $11.1 resistance level. Given that this level has been tested and weakened previously, there's a relatively high chance that UNI could break past it. 

After that, the buyers might target and exceed the $15.0 mark, likely serving as a stern resistance. Assuming the price momentum remains consistent, the token could escalate as high as $20.0 within the year.

Extending the forecast three years into the future, predictive models suggest that UNI could be trading at an average price of $180 in 2027, with the potential to reach over $1600 by 2030. This trajectory indicates that the token is set to overcome significant psychological thresholds, reflecting optimistic long-term growth expectations.

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

• The trading volume was initially lackluster, indicating a lack of active buyers. Moreover, the modest recovery from late October was dampened by mid-January. 
• Afterward, the volume rose tremendously from mid-February yet returned to its low state, with a minor uptick supporting the recent price hike.
• The Bollinger Bands started close to each other. In addition, the 20-week Moving Average (MA) acted as a resistance for UNI. The price briefly exceeded this average between mid-July and mid-August. 
• A decisive flip of the 20 MA in mid-November was succeeded by the price frequently brushing up the upper band between December and early January. This triggered a slight expansion, which became more pronounced by mid-February as the price consistently stayed above the upper band. 
• As a correction followed, the price candles again dipped below the upper band and even below the 20 MA in early April. After moving above the latter again in late May, the price succumbed to heightened selling pressure by taking back a submissive position by the analysis end. 
• Initially, the Moving Average Convergence Divergence (MACD) line and the signal line were below the zero line. Despite a brief crossover in late June, the MACD line dipped below the signal line again by late August.
• In early November, the MACD line ascended above the signal line, maintaining an upward trajectory. It crossed the zero line by the end of the month, and the signal line followed suit in late December.
• After peaking in late March, the momentum reversed, culminating in a bearish crossover in mid-April. At the time of this analysis, the MACD line stood at 0.634, the signal line at 0.719, and the histogram at -0.086.