Uniswap Token Price Prediction

[LUCKMCFLY]

Updated.
In UNI the bears are doing their best to go with the movement, however the bulls are supporting with their prices and large buying walls, it is difficult since BTC is in constant volatility and making bearish movements but not so strong :

On the contrary, if the bulls regroup and push the price above the 20-day EMA, the pair could rise to the 50-day SMA ($24.45). This level may again act as stiff resistance but if the bulls arrest the next decline above $18.60, the pair may rally to $30.

Source: https://cointelegraph.com/news/price-analysis-6-30-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc

Honestly, I stay with the movement contrary to what the masses believe will happen, everyone is betting more on the downside, but the market sometimes gives surprises, this time it can give pleasant surprises.

[slaman29]

Honestly, I stay with the movement contrary to what the masses believe will happen, everyone is betting more on the downside, but the market sometimes gives surprises, this time it can give pleasant surprises.

I think someone said is before, especially during 2017 post. As more people said good things, the market went down, and the rally in 2017 happened almost when the majority of people thought it was dying. Especially when Bitcoiners themselves worry and feel negative, this is when I'm the most watching for something strong and good to come out. It was when many oldtimers gave up in 2017 and end of 2016 that the rally truly started.

[LUCKMCFLY]

UNI is a currency that has looked very good since the fall of BTC, some have bought in the dip opr now it is speculated that BTC could reach $ 41k, if this happens it is likely that UNI of an impressive bullish turn:

That will enhance the prospects of a break above the 50-day SMA. If that happens, the pair may start its journey to the overhead resistance at $30. On the contrary, if the price turns down and breaks below $16.93, the bears may again pull the pair down to $13.

Source: https://cointelegraph.com/news/top-5-cryptocurrencies-to-watch-this-week-btc-eth-uni-icp-aave

You always have to see everything from the point of view of both scenarios, if BTC rises or falls, if UNI the bulls decide to make bullish movements it is likely to cause more rally on the currency, because everyone wants to approach when there are good movements.

[LUCKMCFLY]

UNI like DOT has been very active, many are buying in the dip and taking advantage of market movements, it is speculated that prices could exceed $22 if BTC reaches a considerable recovery:

The flat moving averages and the RSI near the midpoint suggest a balance between supply and demand. A breakout and close above the 50-day SMA will tilt this advantage in favor of the bulls. That could clear the path for an up-move to $25 and then $27

Source: https://cointelegraph.com/news/price-analysis-7-12-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc

This currency can give very pleasant surprises if everything goes well for BTC, if with BTC in correction it has behaved like this, it is because it has great support from its fans and investors.

[DU18]

now uniswap already has a lower fee than before this is also because eth has developed its version or rather version 2.0.
now people will not be tormented for transacting on uniswap which usually costs over 30$ for a single transaction.
I think the dex market will be very developed in the future.

maybe the decline in gwei that occurred is the effect of the decline in the price of eth in the market and the hype defi began to slightly decrease, resulting in a decrease in transaction density on the network on the eth platform today, compared to a few months ago, of course, the current gwei uniswap fee is much cheaper and only ranges from $7-$12, but still the Gwei fee that is on the BSC network is currently an attraction for developers and traders to conduct crypto transactions and when we compare Gwei Eth with BSC, we can compare it to sky and earth .

[abel1337]

now uniswap already has a lower fee than before this is also because eth has developed its version or rather version 2.0.
now people will not be tormented for transacting on uniswap which usually costs over 30$ for a single transaction.
I think the dex market will be very developed in the future.

maybe the decline in gwei that occurred is the effect of the decline in the price of eth in the market and the hype defi began to slightly decrease, resulting in a decrease in transaction density on the network on the eth platform today, compared to a few months ago, of course, the current gwei uniswap fee is much cheaper and only ranges from $7-$12, but still the Gwei fee that is on the BSC network is currently an attraction for developers and traders to conduct crypto transactions and when we compare Gwei Eth with BSC, we can compare it to sky and earth .

I also think the same, The trend from the Defi scene is slowly decreasing this why the network traffic isn't that much compared to the days where everyone wants to have Defi projects. BSC is what really saves project developers in choosing where will they have their smart contract. It has more cheap transactions than ETH and also faster than it, This is why people developers and the community favored BSC.

[LUCKMCFLY]

UNI has already had many attacks, for now in the short term the bears seem to be in control, the most bearish they expect to lower the price to at least 13USD, but following how the market is going, everything depends on BTC, if BTC falls if it is likely to happen Meanwhile, the bulls are buying the dip and trying to maintain acceptable levels of precision so that it does not fall precipitously:

Contrary to this assumption, if the price rebounds off the current level or $15, the bulls will again try to thrust the price above the downtrend line. If they succeed, the bearish setup will invalidate and the UNI/USDT pair could move up to $25 and then $27.

Source: https://cointelegraph.com/news/price-analysis-7-14-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc

You could say that the movement of UNI now depends on the direction that BTC takes, if BTC falls it is likely to see low prices for UNI.

[leea-1334]

UNI has already had many attacks, for now in the short term the bears seem to be in control, the most bearish they expect to lower the price to at least 13USD, but following how the market is going, everything depends on BTC, if BTC falls if it is likely to happen Meanwhile, the bulls are buying the dip and trying to maintain acceptable levels of precision so that it does not fall precipitously:

I guess this is the same condition we are observing now in almost every sector, NFT, DEfi, even traditional crypto and even stablecoin lending demand.

I think we are seeing now just a long period of fear from speculators. Let them all sell,,, let them exit crypto and then we will see where we really are fundamentally.

[irsada]

Currently more and more dex exchanges are growing in the market, both from the ETH blockchain, BSC matic, solona and many more that offer lower transaction fees than uniswap. but because the first uniswap made the dex much better and the others just followed what uniswap had done, the credibility of the uniswap token is hard to replace. for its own price although it is in a sharp decline after reaching ATH I am optimistic that uni can become the top 10 best altcoins on CMC next year with a value of around $60.

[el kaka22]

Honestly there is nothing that we could do that would make uniswap differentiate compared to other crypto market, it is just something that's inline with all of other crypto currencies and that is why I have to say that when the market goes down then the price of uniswap goes down as well, and when the market goes up then uniswap goes up as well.

Now this may sound something expected but it is definitely something not expected usually, why? Because normally there are coins that does something exceptional and amazing so they go up while the market is silent, it is just not really doing anything all by itself, and normally it does go up or down for other coins, I have seen many coins that goes up while the market is not moving, and uniswap doesn't do that, which is why I do not really like uniswap because it fails to make move all by itself and won't invest until it can.

[abel1337]

Currently more and more dex exchanges are growing in the market, both from the ETH blockchain, BSC matic, solona and many more that offer lower transaction fees than uniswap. but because the first uniswap made the dex much better and the others just followed what uniswap had done, the credibility of the uniswap token is hard to replace. for its own price although it is in a sharp decline after reaching ATH I am optimistic that uni can become the top 10 best altcoins on CMC next year with a value of around $60.

It's very possible to see uniswap on Top 10 but I think the competition between Uniswap and other project are a bit tight, There are other better projects I've seen and I think for Uniswap to reach that spot, The devs should do something that hasn't ever been done on a decentralized exchange. UNI is on the 11th spot right now and it is very near to enter the Top 10.

[LUCKMCFLY]

UNI is one of the most winning currencies apart from DOT, but this time the bulls are having a lot of pressure, besides the bears are selling when the bulls try to raise the price, the competition between the two is really close, in the short term it is difficult because at seem to be very bearish:

The bulls have defended this level twice before, hence the price may rebound off $13. A strong rebound will suggest aggressive buying at the level. The bulls will then make one more attempt to push the price above the moving averages.

On the contrary, if the price breaks below $13, the next leg of the downtrend could begin. The pair could then drop to $10 and later to $7.

Source: https://cointelegraph.com/news/price-analysis-7-19-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc

I still don't see a possible scenario that the price can hit $ 7, the bulls are likely to defend the price and not let it drop much if BTC falls much lower than $ 30k.

[sergiorus]

i'm in disbelief UNI still has bigger marketcap than LINK and SOL.
I understand it is the biggest swapper but it is just one OF many swappers. there are many good popular ones just on Ethereum, let alone other chains.
Imho, it is VERY overvalued fundamentally.

[LUCKMCFLY]

UNI has responded well to all its investors, at one point it was believed that the bulls had abandoned UNI, but from one moment to another they reacted to buy in the fall and that is when the imminent recovery took place, now it is by the levels of $ 13, in the analysis it looks like this:

The up-move could face stiff resistance at the 20-day EMA ($17.89). If the price turns down from this resistance, the bears may fancy their chances and will again try to sink the UNI/USDT pair below $13.

Source: https://cointelegraph.com/news/price-analysis-7-21-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc

I have seen that DOT and UNI have recovered satisfactorily, the case of UNI has not disappointed its followers and investors, but anyway you have to be aware of the movements of BTC, because any scenario is possible, do not panic or sell in an excessive way, in these moments it is good to do Hodl.

[LUCKMCFLY]

Following the analysis of Cointelegraph, apparently the technical analyst has given good results, for now the recovery of the BTC market has helped a lot so that currencies such as DOT and UNISWAP continue to have that head high in the face of adversity, if everything continues like this little by little will the bears of UNI be retreating:

if bulls drive the price above the 20-day EMA, the UNI/USDT pair could reach the downtrend line. A breakout and close above this resistance will invalidate the bearish setup. That could start an up-move to $25 and then $30.

Source: https://cointelegraph.com/news/price-analysis-7-23-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc

Among the alts that I have reviewed their analysis, I see UNI with a better disposition to continue growing, however it is not the time to celebrate victories early, it is better to have restraint when trading

[Xinarae*]

I think uniswap is very promising because in the last few months UNI has developed very well, but transaction fees are very high, obviously it will boomerang for uniswap's development in the future, of course if UNI wants to survive then they have to solve the problem of too high transaction fees  that

Yes, Uniswap charges a very high fee for small business transactions the site has improved a lot but the demand for it has decreased a lot due to the high volume of transactions although most of the tokens are listed here, transactions are declining.

[Serco]

i'm in disbelief UNI still has bigger marketcap than LINK and SOL.
I understand it is the biggest swapper but it is just one OF many swappers. there are many good popular ones just on Ethereum, let alone other chains.
Imho, it is VERY overvalued fundamentally.

with demand in market i am believe current price uniswap was fair and not overvalue. this exchanges used by much traders in crypto market and they put huge liquidity in this platform. If compared with LINK or Solana they didnt do this feature, only common feature and not alot people used it excepe sol platform. As liquidity provider uniswap have various feature to attract investor buy it, simple example is loyalty community program and even from other project use uniswap as snapshot airdrop program.

[sana54210]

i'm in disbelief UNI still has bigger marketcap than LINK and SOL.
I understand it is the biggest swapper but it is just one OF many swappers. there are many good popular ones just on Ethereum, let alone other chains.
Imho, it is VERY overvalued fundamentally.

with demand in market i am believe current price uniswap was fair and not overvalue. this exchanges used by much traders in crypto market and they put huge liquidity in this platform. If compared with LINK or Solana they didnt do this feature, only common feature and not alot people used it excepe sol platform. As liquidity provider uniswap have various feature to attract investor buy it, simple example is loyalty community program and even from other project use uniswap as snapshot airdrop program.

What people do not understand is that people prefer the biggest part of eth world over something they don't want to use. Like for example Link is good and all and their competition is ETH and not UNI because link is a whole new ecosystem of its own, but ETH is soooooo much bigger that the biggest part of ETH is still bigger than whole of Link.

Think about this as football team, Mbappe is so expensive that there are thousands of teams all around the world that does not have collective worth of all their players worth just one mbappe, whereas he is just one player for PSG, maybe best player but still just one player. This is basically what is going on with UNI, eth is soooo huge that UNI is basically biggest part of something huge and that makes it bigger than thousands of coins/tokens and it is normal and expected, being that big in ETH world is not easy.

[LUCKMCFLY]

Many of the UNISWAP moviemitnos are taking a very good bullish turn, many investors are buying on the dip, and it is likely that if the market in general continues to rise UNI can give a good bullish surprise:

That could attract further buying, opening the doors for a rally to $25. If bulls can clear this hurdle, the UNI/USDT pair could rally to $30 where bears may pose a stiff challenge.

Source: https://cointelegraph.com/news/price-analysis-7-26-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc

For now, we must continue to wait as the market continues to develop, the bulls may want to push the price higher, because as the supply appreciates at low levels it has decreased.

[LUCKMCFLY]

UNI has great strength to rise up from many attacks, bearish are on siege all the time, but investors, bulls and UNI fans have been buying in the dip, which is a very quick response to UNI crises. in the market stalls:

That could open the doors for a possible rally to $24 and then to the critical overhead resistance at $30. Contrary to this assumption, if the price turns down and plummets below $17.24, the UNI/USDT pair could start its downward journey toward $13.

Source: https://cointelegraph.com/news/price-analysis-7-28-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc

UNI as well as DOT have had a lot of resistance in the face of bearish attacks, it could be said that the UNI community has been growing and they do not abandon the currency at all, I think they are prepared for any movement of the market in general.