Uniswap has been making waves in the cryptocurrency world, recently becoming the first decentralized exchange (DEX) to reach an impressive $3 trillion in all-time trading volume. The platform’s native layer 2 blockchain, UniChain, has even surpassed Ethereum in transaction volume on Uniswap V4. This success can be attributed to the improvements made in January 2025, including gas fee savings, direct support for ETH, dynamic fees, and the execution of custom code.
With the on-chain metrics continuing to grow, many investors are curious about Uniswap’s price targets in the short term. Let’s take a closer look at the recent price analysis and predictions for UNI.
Uniswap (UNI) Price Analysis:
Uniswap has experienced significant growth in recent weeks, with a 35% surge over the past week following a period of decline. The price trend for UNI saw a mix of sentiment, dropping slightly to $4.87 before shooting up 26% to $6.14 the next day, surpassing both the 20-day and 50-day simple moving averages (SMAs).
After climbing an additional 18.58% to $7.54, the rally seems to have paused as UNI hit resistance at $7.19 before retracing to $6.66 in the last 24 hours. Looking ahead, if the price continues its upward momentum, it could target $7.57 in the short term, with further gains potentially pushing the price towards $8.59. Conversely, a short-term correction could see the price fall below $6.09.
FAQs:
1. How much is UNI price today?
The current price of Uniswap (UNI) is $6.66, with a change of -5.6% compared to the previous day.
2. What are the crucial resistance and support levels for UNI price?
UNI’s price is currently aiming for $7.57 and $8.59, with a potential downside risk of $6.09 if the trend reverses.
In conclusion, Uniswap’s recent achievements and price movements have captured the attention of many investors. With continued growth and development, UNI could see further upside potential in the near future. Stay tuned for more updates on Uniswap and its price movements.