Uniswap Price Prediction: 2024, 2025, 2030

UNI price prediction: Key highlights

1. Primary support and resistance levels

• In the weekly time frame, $4.0 was established as the lowest floor for the token.
• Meanwhile, $15.0 is likely the highest resistance for UNI.

2. Market sentiment

• In July 2024, the market sentiment remains bearish.

3. Predictive forecasts

• Based on our AI/ML predictive algorithms, UNI can trade at an average price of $140 in 2027 and over $1,200 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: Bulls remain on edge amid unfavorable market

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 rallying to test $6.6. This test was rejected, driving it to the lowest support level at $4.0 in mid-September. An impressive rally commenced in late October, culminating in a December retest of the previous level.

After several attempts, the price momentarily surged over it. However, the momentum was short-lived, as it 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 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 losing its double-digit standing to fall back to $6.6.

Notably, 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. At press time, UNI was trading at $7.5. Going forward, if the market fails to avert further declines, the price can fall to the current support. In case of an extended downtrend, revisiting the lowest support is likely.

A reversal in bullish favor would require repeated tests of $9.2. 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 the yearly high barrier and the $15.0 mark, which would likely serve as 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 $140 in 2027, with the potential to reach over $1,200 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’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) briefly turned positive between late July and mid-August. Moreover, the indicator decisively moved over the zero line in late November.
• The predominant decline in positive values from Q2 2024 drove the indicator below zero by late June. At the time of writing, it stood at -0.478, 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 461.862 million, indicating net selling pressure.