For anyone considering the switch from centralized finance (CeFi) to decentralized finance (DeFi), here’s a thought: Why do we constantly update the Uniswap Price Prediction? The fight is on for the survival of the fittest crypto project, and we need to keep you informed despite social media maneuvers by certain quarters!

How much is UNI worth today?

The current Uniswap price stands at $5.93, having seen a trading volume of $114,311,239 in the past 24 hours. With a market capitalization of $3,490,215,876 and a market rank of 27, it demonstrates an decrease of 3.28% over the last 24 hours.

Uniswap Price Analysis: Bearish sweep continues forward as UNI drops to $5.856

TL;DR Breakdown

• Uniswap price analysis confirms a downtrend.
• Coin value has dropped down to $5.856.
• Strong support is available on $5.646 end.

The latest one-day and four-hour Uniswap price analysis for 09 January 2024 confirms signs of an aggravating bearish sweep. A drastic decline in cryptocurrency value has been observed over the span of the past few weeks. Today, a further downward trend was observed, as UNI/USD value sank to $5.856 low.

Uniswap price analysis on a daily time frame: Bearish rally topples UNI value below $5.856 margin

The latest one-day Uniswap price analysis confirms signs of a decreasing trend for the day. The price has been covering a descending path since the past few weeks, and today a further downward rally was observed. As the bearish momentum has been intensifying since the past 24-hours, UNI/USD value has receded below $5.856. Moreover, its Moving Average (MA) value has stepped down to $6.511 because of the bearish slope.

The one-day price chart indicates an increasing volatility which is a bearish hint regarding the coming market trends. As the volatility is on the rise, the upper and lower bands of the Bollinger bands indicator have repositioned themselves as well. Currently, the upper Bollinger band is situated at $7.947, whereas the lower Bollinger band is occupying $5.646 end. The Relative Strength Index (RSI) graph displays a steep bearish curve whereby its overall value has deteriorated to index 39.98.

price analysis on the 4-hour chart: UNI deteriorates below $5.856 amidst growing downside

The recent one-day Uniswap price analysis gives out a highly bearish prediction regarding the ongoing market events. The selling activity has remained high since the early hours of the day, and currency the bears are occupying the leading position. In the past four hours, a drastic loss in coin value was observed as it demoted below $5.856. Side by side, its Moving Average value has stepped up to $6.066 because of the earlier hike.

The volatility seems to be on the increasing side which is yet another bearish hint regarding the approaching market trends. As the volatility is continually rising, the upper extreme of the Bollinger bands indicator now shows its value at $6.525 high. Whereas, its lower extreme is dictating its value at $5.801 low. The RSI graph displays a descending slope as well as its value has moved to 35.10.

What to expect from Uniswap price analysis next?

The latest one-day and four-hour Uniswap price analysis gives out a favorable prediction for the cryptocurrency sellers. As the bearish tide has been continuously intensifying since the past week, the coin value has dropped down to $5.856. In addition, the four-hour price analysis depicts a rather bearish scenario as well, which is a negative hint for the cryptocurrency buyers.

Recent News/Opinions on the Uniswap Network

Pushd (PUSHD): Uniswap-Linked Decentralized Marketplace. In the current crypto market resurgence, with Solana (SOL) and Uniswap (UNI) seeing significant gains, emerging projects like Pushd (PUSHD) are gaining attention. Positioned as a decentralized online marketplace, Pushd aims to disrupt e-commerce by reducing fees and streamlining transactions through decentralization. Priced at $0.035 during its early presale, Pushd is drawing interest as a potential investment. Notably, Pushd aligns itself with the recent success of Uniswap (UNI) and leverages its first-mover advantage by eliminating traditional KYC processes in online trading. As with any crypto investment, careful research and risk assessment are crucial in this dynamic market.

Crypto Highlights: UNI, FIL, and SPCT Surge Amid Developments. Recent weeks have seen significant developments in the crypto market, particularly for Uniswap (UNI), Filecoin (FIL), and VC Spectra (SPCT). Uniswap’s NFT marketplace launch led to a temporary surge in UNI’s price, with analysts predicting continued growth. Filecoin’s integration with SushiSwap initially boosted FIL’s price, despite a subsequent correction; however, analysts foresee an upward trend due to an expanded user base. Meanwhile, VC Spectra has gained attention for its AI-powered project selection, experiencing a steady ascent in price and projecting a total 900% surge to $0.080 by December. These developments highlight the dynamic nature of the cryptocurrency market and the diverse factors influencing token prices.

Bots cover up to 90% of Uniswap trading value according to the latest analysis as done by Glassnode. The human traders investing in Uniswap have receded to a minute percentile of 7% and 28%. Almost 90% of UNI/USD trading value is being supported by bots from the preceding support of 80%.

Uniswap Labs introduced UniswapX— an innovative decentralized protocol enabling permissionless trading across Automated Market Makers (AMMs) and various liquidity sources, designed with an open-source license (GPL). Expect enhanced liquidity, improved pricing, protection against Miner Extractable Value (MEV), and gas-free swapping for users as the platform evolves.

Uniswap Labs introduces hooks, which function as powerful plugins allowing developers to inject code at critical stages in a pool’s lifecycle, such as pre or post swaps. This groundbreaking feature empowers developers to leverage Uniswap’s liquidity and security infrastructure, enabling them to design pools with unique functionalities. By exposing tradeoffs in Uniswap v3, hooks provide developers with the autonomy to make informed decisions and integrate custom features into the core pool contract, fostering further innovation in the ecosystem.

Uniswap Price Predictions for 2024-2033

Price Predictions By Cryptopolitan

Uniswap Price Prediction 2024

The price of Uniswap is predicted to reach a minimum value of $9.27 in 2024. The Uniswap price could reach a maximum value of $11.19 with the average trading price of $9.60 throughout 2024.

Uniswap Price Prediction 2025

As per the forecast and technical analysis, in 2025, the price of Uniswap is expected to reach a minimum price value of $12.94. The UNI price can reach a maximum price value of $16.23 with the average value of $13.42.

UNI Price Forecast for 2026

According to our deep technical analysis on past price data of UNI, in 2026 the price of Uniswap is forecasted to be at around a minimum value of $19.54. The Uniswap price value can reach a maximum of $22.97 with the average trading value of $20.08.

Uniswap (UNI) Price Prediction 2027

As per the forecast price and technical analysis, in 2027, the price of Uniswap is predicted to reach at a minimum level of $28.65. The UNI price can reach a maximum level of $33.11 with the average trading price of $29.45.

Uniswap Price Prediction 2028

According to our deep technical analysis on past price data of UNI, in 2028, the price of Uniswap is predicted to reach at a minimum level of $42.45. The UNI price can reach a maximum level of $49.27 with the average trading price of $43.63.

Uniswap Price Prediction 2029

The price of 1 Uniswap is expected to reach a minimum level of $61.83 in 2029. The UNI price can reach a maximum level of $74.33 with the average price of $64.02 throughout 2029.

Uniswap (UNI) Price Prediction 2030

Uniswap price is forecast to reach a lowest possible level of $88.02 in 2030. As per our findings, the UNI price could reach a maximum possible level of $110.07 with the average forecast price of $91.22.

Uniswap Price Forecast 2031

The price of Uniswap is predicted to reach a minimum level of $127.61 in 2031. The Uniswap price can reach a maximum level of $151.94 with the average price of $131.26 throughout 2031.

Uniswap (UNI) Price Prediction 2032

The price of Uniswap is predicted to reach a minimum value of $187.32 in 2032. The Uniswap price could reach a maximum value of $220.46 with the average trading price of $192.57 throughout 2032.

Uniswap Price Prediction 2033

Uniswap price is forecast to reach a lowest possible level of $258.84 in 2033. As per our findings, the UNI price could reach a maximum possible level of $322.31 with the average forecast price of $266.55.

Uniswap Price Prediction By Coincodex

According to Coincodex’s Uniswap price prediction, the price of Uniswap is expected to decrease by -7.21%, reaching $5.84 by January 11, 2024. Technical indicators suggest a Bearish sentiment, with the Fear & Greed Index indicating 70 (Greed). In the past 30 days, Uniswap has seen 16/30 (53%) green days and experienced 8.59% price volatility.

Coincodex advises that it is currently not an opportune time to purchase Uniswap. Their forecast, which considers historical price movements of Uniswap and BTC halving cycles, estimates the yearly low for Uniswap in 2025 to be around $5.48. However, they also predict that Uniswap’s price could climb as high as $14.40 in the following year.

Uniswap Price Prediction By DigitalCoinPrice

Digital Coin Price’s Uniswap price forecast provides a bullish potential for the token’s future price points. According to Digital Coin Price’s analysis, the price of UNI (Uniswap) is projected to surpass $13.83 in 2024.

By the year’s end, Uniswap is anticipated to attain a minimum price of $12.85, with the potential to reach a maximum of $14.70. Similarly, their analysis forecasts that the price of LTC (Litecoin) will exceed $1,245.80 by 2033. By the end of that year, Litecoin is expected to have a minimum price of $1,223.51, with a possible peak at $1,265.32.

Uniswap Price Predictions By CryptoPredictions.com

According to CryptoPredictions.com’s UNI price prediction, the forecast for Uniswap in February 2024 suggests that it will commence the month at a price of $6.266 and conclude at $7.322. Throughout the month, the UNI price is expected to peak at $7.821, while the lowest anticipated price is $5.319.

UNI Overview

To clarify the various facets of Uniswap, especially for those new to the platform, it’s important to understand its key components. Uniswap Labs is the company responsible for developing both the Uniswap protocol and its web interface. The protocol itself is a suite of persistent, non-upgradable smart contracts on the Ethereum blockchain that together form an automated market maker. This allows for peer-to-peer market making and the swapping of ERC-20 tokens.

To interact with this protocol, users can utilize the Uniswap Interface, a user-friendly web interface designed for this purpose. However, it’s worth noting that this interface is just one of many ways to engage with the Uniswap protocol. Additionally, the platform has a governance system, known as Uniswap Governance, which is enabled by the UNI token and oversees the rules and future development of the Uniswap Protocol.

Uniswap Price History

Although the decentralized exchange (dex) has been around since 2018, it wasn’t until 2020 that the Uniswap cryptocurrency token came into existence. In the first year of its release, it had an initial price of just $3.00. However, because of the ferocious hype surrounding it, Uniswap price change increased to $7.00 by 19 September 2020, according to CoinMarketCap.

After the hype and excitement began to wind down, the price also began to fall, but it did not experience a drastic price change than other tokens, nor was its all-time low after the fact. Its all-time low was at $1.03 on 17 September 2020, before its price increase, according to CoinGecko. 

Although, CoinMarketCap states its all-time low to be $0.4190 on that same day. It experienced an all-time high of $8.44 a day after it calmed down and declined. UNI’s price continued to decline as the months rolled by, although it never went below $2 before it again began to increase slowly, thanks to the 2020 bull run. 

UNI finished the year 2020 with a price of $5.00. Since then, it has continued to increase, being on the verge of surpassing its former all-time high.

Uniswap operates on a decentralized P2P exchange automated market maker (AMM), away from conventional cryptocurrencies. Before we dig into the Uniswap price prediction, let us look at some of the unique features of Uniswap.

Being linked to Ethereum enabled as two smart contracts, Uniswap has a unique provision of liquidity providers (LPs). This unique feature of Uniswap acts as a significant catalyst in removing the hurdle concerning token mining. In a manner, it promotes transparency by eliminating intermediaries or permission.

Hence, digital assets are linked as pairs instead of individual cryptocurrencies. As a decentralized protocol for automated liquidity provision on Ethereum, Uniswap took the entire crypto space by surprise during the pandemic; Uniswap decided to launch this token UNI on 17 September 2020.

More on the Uniswap Network

Is it a good time to invest in Uniswap?

The new year 2023 has been quite positive for the big cryptos, with Bitcoin trading above $20k for the first time since November 2022. Uniswap has had a similar trajectory and could see more gains in the coming weeks and months. Besides, UniSwap is undoubtedly a credible DEX among crypto investors, and they prefer UNI coins to invest in because of its market performance and good investment returns. This is not investment advice.

Who is the Uniswap Founder?

Uniswap was created on 2 November 2018 by Hayden Adams, a former mechanical engineer at Siemens. He informed his followers through Twitter that it is only a few weeks since the launch of the Uniswap v3, and it is already the highest volume DEX protocol on OxPolygon. He further noted that its price is only $45 million on TVL.

Uniswap (UNI) is one of the most prominent decentralized finance (DeFi) exchanges. The DeFi protocol was founded in 2018 by former mechanical engineer Hayden Adams. The Uniswap exchange functions as a 100% on-chain automated protocol market maker on the Ethereum blockchain. The AMM allows DeFi users to swap ether (ETH) for any ERC-20 token without intermediaries, solving many liquidity problems most exchanges face. 

How does Uniswap work? 

Uniswap pioneered the Automated Market Maker model, in which users supply Ethereum tokens to Uniswap “liquidity pools,” and algorithms set market prices based on supply and demand (as opposed to order books matching bids and asks from users on a centralized exchange like Coinbase). 

By supplying tokens to Uniswap liquidity pools, users can earn rewards while enabling peer-to-peer trading. Users supply tokens to liquidity pools, trade tokens, or even create and list their own tokens (using Ethereum’s ERC-20 token protocol). There are currently hundreds of tokens on Uniswap, and many popular trading pairs are stablecoins like USDC.

Some of the potential advantages of decentralized exchanges like Uniswap include the following:

• Self-governing: Funds are never transferred to any third party or are generally subject to counterparty risk (i.e., trusting your assets with a custodian) because both parties are trading directly from their own wallets.

• Global and permissionless: There is no concept of borders or restrictions on who can trade. Anyone with a smartphone and an internet connection can participate.

• Ease-of-use and pseudonymity: No account signup or personal details are required.

Uniswap Smart Contracts

Uniswap is just a bunch of smart contracts that work together to make a decentralized exchange. Smart contracts are uploaded to the blockchain, and since it’s on the blockchain, the code has the same immutable, decentralized, and borderless capabilities as cryptocurrencies. Smart contracts can transfer money autonomously based on the parameters in the code, allowing for highly efficient financial services.

Investors send their cryptocurrency or coin funds to a Uniswap smart contract to earn interest on their holdings; these investors are referred to as liquidity providers. The smart contracts that hold their cryptocurrency are called liquidity pools.

Liquidity providers are necessary for Uniswap to operate, as it’s how they can provide liquidity to trade on the platform. Instead of ordering books, the smart contract calculates the price of each cryptocurrency market asset. This is how a Uniswap smart contract works.

Why do people trust UNI?

People have become aware that one can not turn a billionaire in the short term or long term when one invests wisely in crypto. Hence they buy tokens based on the coin’s long-term actual performance. This is all the more reason for you to be in UNI for the long term, not the short-term gains.

Why is UNI keeping steady despite the bear market?

The credit goes to the faith investors have reposed in the asset. At the same time, it is an excellent reason that UNI is listed on the exchange to show excellent performance. This triggers investor response and shows a great deal of motivational sentiment—no wonder the token shows a constant up-rise consequently. Our perfectly optimized content goes here!

Uniswap is just a bunch of smart contracts that work together to make a decentralized exchange. Smart contracts are uploaded to the blockchain, and since it’s on the blockchain, the code has the same immutable, decentralized, and borderless capabilities as cryptocurrencies. Smart contracts can transfer money autonomously based on the parameters in the code, allowing for highly efficient financial services.

Investors send their cryptocurrency or coin funds to a Uniswap smart contract to earn interest on their holdings; these investors are referred to as liquidity providers. The smart contracts that hold their cryptocurrency are called liquidity pools.

Liquidity providers are necessary for Uniswap to operate, as it’s how they can provide liquidity to trade on the platform. Instead of ordering books, the smart contract calculates the price of each cryptocurrency market asset. This is how a Uniswap smart contract works.

How to reduce price impact on UNI

• Change the Uniswap Exchange Version. Choose among the Uniswap versions, V1 (old version) and V2 new version V3. On the bottom navigation bar, you will select V1 as the version you want to use to transact the swap. You will check that you understand the disclaimer and click on continue with V1 for the transaction.
• Break down transactions and reduce the number of purchases. The price impact mechanism is problematic for big transactions. This problem can be solved by reducing the number of assets for trade and buying or selling the desired amount of transactions.
• Changing the price slippage tolerance. Due to excessive price fluctuations and the lengthy process of registering a buy or sell transaction in decentralized exchanges, an increase in price slippage helps to complete the transaction.