UniSwap (UNI) is a Decentralized Exchange (DEX) protocol, built on the Ethereum Blockchain. Unlike Traditional Exchanges, UniSwap operates without the requirement of intermediaries by using features like Automated Market Marking (AMM) and Liquidity Pools.
Launched in November 2018 by Hayden Adams, it allows peer-to-peer (P2P) transactions and smart contracts. In April 2024, UniSwap faced legal challenges from the Securities and Exchange Commission (SEC), calling UniSwap an unregistered securities broker and exchange. This downturned the overall market condition, by struggling to maintain investor confidence.
However, Hayden Adams, CEO of UniSwap has assured transparency and legality of the community. This article will allow investors to understand recent trends and the future of UniSwap through technical analysis.
Overview of Uniswap’s Initiatives and the Market
After the regulatory challenges and the 15% decline for over three months, it is gradually regaining its value by now trading at $17.27. This is still 28% low, compared to its trading value in the initial months of 2024.
- Current Price: $17.13
- Market Capitalization: $10.29 Billion
- 24 Hour Volume: $747.61 Million
- Circulation Supply: 600.48 Million
- Maximum Supply: 100 Billion
- Supply Inflation: 2.09% (Medium)
- Volatility: 25.84% (Extremely High)
Technical Analysis of UniSwap (UNI)
The technical analysis reveals that the trading signal of UNI is a Strong Buy, with its all-moving averages (MA) being less than its price. The moving averages act as an immediate resistance for UNI. This might be an indication of a short-term trend reversal.
Expert opinion suggests that the support level for Uni Swap is $4.45 This is largely supported by consistent buying activities, especially in the low-volume trading sessions.
The Relative Strength Index (RSI), has fluctuated between 40 and 50 in the recent weeks. If the index moves beyond 50, it indicates the possibility of an upcoming bearish market. The first resistance can be possibly recorded at $7.52
According to the technical indicators, the short-term market sentiments are bullish, with a probability of a bearish market. This is because, given the bullish market, only 53.57% of the signals are in the stance of a bullish market.
Price of UniSwap (UNI) for 2025
While Uniswap is now trading at $17.13, it is expected to increase by 9%, with substantial improvements in DeFi participation. With growing innovation and the expansion of the ecosystem such as Real layer-2 integration and real-world asset tokenization, Uniswap may increase its liquidity as we move to 2025.
2025: Steady Growth and Returns
- Predicted Price Range: $21.22 to $66.76
- Market Sentiments: Buy
- Bullish Month: April, with a minimum price prediction of $50.53 to $66.76, and an ROI of 300.46%
- March with a minimum price of $46.23 and an ROI
- Highlights:
- March– Most Bullish Month
- Minimum Price: $46.23
- Average Price: $50.62
- Maximum Price: $56.93
- ROI: 241.06%
- January– Gaining Momentum
- Minimum Price: $21.22
- Average Price: $31.24
- Maximum Price: $39.80
- ROI: 138.19%
- December– Average Price
- Minimum Price: $30.08
- Average Price: $32.55
- Maximum Price: $35.55
- ROI: 122.37%
- March– Most Bullish Month
While long-term predictions are bullish, experts suggest that UNI tokens may reach $55.07 and $124 by 2030, depending on the market dynamics and adoption rates. Experts suggest that returns may go as high as $144.10
What are Key Price Levels?
The resistance levels are price points where the selling tendency increases, capping the price from further rise.
- Resistance level 1: $17.43
- Resistance level 2: $17.74
- Resistance level 3: $18.33
Support levels are price points price points where buying interest increases by preventing prices from falling further.
- Support level 1: $16.53
- Support level 2: $15.93
- Support level 3: $15.63
Token correlation
UniSwap functions on the Ethereum Blockchain, indicating that the tokens are correlated with each other, indicating a positive and negative relationship with other cryptocurrencies including Cardano (ADA), Internet Computer, Immutable X, Ethereum Classic, Mog Coin, Zeebu, and more.
Positive Token Correlations
When the price of a positively correlated currency rises, it will indicate an equivalent increase in the price of Uniswap
| Name | Correlation |
| cardano | 0.955 |
| Internet Computer | 0.948 |
| Immutable X | 0.947 |
| Ethereum Classic | 0.937 |
| Cronos | 0.929 |
Negative Token Correlations
Negatively correlated tokens move in opposite directions, which means an increase in the price of UniSwap indicates negative growth for the correlated token.
| Name | Correlation |
| Movement | -0.328 |
| Zeebu | -0.142 |
| Mog Coin | 0.001 |
| UNUS SED LEO | 0.116 |
| Hyperliquid | 0.283 |
Conclusion
UniSwap is regaining its momentum after a dip of 15% that lasted for a few months due to the regulatory challenges it faced. While its value is still low, it is likely to give good returns in the coming year with the bullish market. Long-term investors can consider the current market prices as an opportunity to buy and hold UNI, given its dominance in the DEX market and its ability to regain its value. With more technological advancements such as layer 2 integration and RWA tokenization, there could be a decent hike in the price movements.
However, the cryptocurrency market is subject to volatility, rapid price changes, market sentiments, and regulatory challenges. Investors should analyze their risk tolerance and understand the market thoroughly before making any investments.