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Thanks to the emergence of Ethereum over the last decade, many exciting projects have begun to spring up with the aim of changing the way specific industries work. One of the most exciting projects is Uniswap, which looks to improve the cryptocurrency exchange process drastically.
In this article, we’ll cover our Uniswap Price Prediction in great detail. We’ll discuss how Uniswap works and what led the price to this point before highlighting where you can invest in Uniswap – with 0% commissions!
Uniswap (UNI)
Price
$12.72
Table of Contents
Uniswap Price Prediction 2021 to 2022
Later in this Uniswap stock forecast, we’ll cover what the platform is and how it functions. However, if you’re simply looking for a quick rundown of our Uniswap prediction 2021, then the bullet points below provide all the information you need. These bullet points highlight our findings and analysis for several upcoming timeframes:
One Month – Uniswap has been trading in a large range since May 2021, with lows followed by highs. Over the next month, the price action indicates that Uniswap could head up to the $31 level.
Three Months – If the $31 level can be broken, this would present the Uniswap token with a clear pathway towards May’s highs. Our Uniswap prediction estimates that the token could be valued at $42 in the next three months.
Start of 2022 – If momentum is strong enough, there’s certainly scope to breach the all-time highs of May 2021. By the beginning of 2022, our analysis speculates that Uniswap could be worth $46.
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Uniswap Price History – the Story of 2021 So Far
As noted in the intro, Uniswap is currently one of the most exciting projects based on the Ethereum (ETH) platform. This project has the potential to permanently change how cryptocurrency trading takes place – making Uniswap a good investment for risk-seeking investors. Let’s take a look at what Uniswap is before exploring how the price got to this point.
If you want to buy Uniswap Coin UK, the first thing to note is that Uniswap is not a digital currency. Uniswap is a decentralised exchange (DEX) that is housed on the Ethereum blockchain. Notably, Uniswap’s native cryptocurrency is also called Uniswap (UNI), so these terms are often used interchangeably.
Uniswap aims to solve the issues posed by centralised exchanges. These exchanges such as Binance allow the buying and selling of digital currencies yet are still controlled by one central point of authority. For example, in the case of Binance, the company facilitates all of the transactions and takes a cut of the position size as its fee.
On the other hand, as Uniswap is a decentralized exchange, it allows traders to exchange tokens directly. This means that fees are much less (or non-existent) and that the platform abides by the overarching reasoning behind cryptocurrencies, which is decentralisation. Users act as the market maker and create liquidity by depositing ether into ‘liquidity pools’ and then receiving the desired ERC20 token in return. ERC20 tokens are the token standard used on the Ethereum blockchain.
Overall, Uniswap offers a decentralised way for users who buy Ethereum to swap it for another token. This process completely cuts out the middleman, which increases the anonymity factor of transactions. Security is also increased as there isn’t one single point of failure like there is in centralised entities.
Since being listed in late 2020, the Uniswap live increased an incredible 1291% over the next seven months. An all-time high of $44.92 was on the 3rd of May before a significant negative price change occurred. This coincided with cryptocurrency regulation being announced in China and Elon Musk’s statement that Tesla would no longer accept Bitcoin.
Since May 2021, the Uniswap price has been trading in a range between $31 and $14. This means that once price hits the top of the range, it tends to move back to the bottom of the range, then proceed back up, and so on. The current Uniswap price is hovering around the $25 mark, looking for the impetus to move upwards.
Uniswap Price Forecast
As you can imagine, the potential uses for Uniswap are incredibly valuable, especially as the world shifts to a more decentralised way of doing things. Although the Uniswap price has been on a rocky road this year, there are certain optimistic signs. Let’s take a look at the technical and fundamental factors that could shape price in the future.
Technical Analysis
When you invest in Uniswap, you’re essentially investing in the future of the Uniswap platform. Therefore, if you believe Uniswap will continue to grow and prosper in the years to come, then adding this digital coin to your portfolio could be a good idea.
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Looking at the price analysis below, we can see the range that the Uniswap coin price is trading in. In August and September, the Uniswap price tested the upper boundary of the range and was rejected, highlighting the strength of this area. Right now, the current price of Uniswap is pretty much right in the middle of this range, indicating that price is struggling to find a direction to trend in.
The critical thing to look out for is a break of this range in either direction. Any break must come accompanied by solid confirmation, such as a strong close on the daily or 4H chart. If this occurs, it will provide a good indication of what the future price movements may be, allowing you to make a more informed investment decision.
Fundamental Analysis
According to CoinMarketCap, Uniswap has a market cap of $15.7 billion, making it the 11th largest crypto at the time of writing. Over $605 million worth of Uniswap was traded in the last 24 hours, highlighting the popularity of this token. Although the UNI token represents an investment in the Uniswap platform, it also acts as a governance token, meaning holders can vote on potential changes made to the platform.
Looking ahead, the potential for Uniswap is huge as users can create ‘pools’ for any token using smart contracts. More and more tokens are springing up all the time due to developers choosing to base their projects on Ethereum’s blockchain. Decentralized Finance (DeFi) projects are among the most popular areas that could benefit from Uniswap’s services, as the speedy transactions will allow these projects to run much more smoothly.
Another encouraging thing about Uniswap is that the platform is open-source, meaning that everyone can see the coding behind it. This is great for security reasons, as it is transparent and can provide confidence that nothing shady is going on behind the scenes. Finally, the Uniswap platform is incredibly user-friendly, which is a valuable trait as more and more beginner investors use the platform.
Uniswap Price Prediction 2025 – Long Term Outlook
The long-term outlook of our Uniswap price prediction is very optimistic, as the current financial ecosystem will likely shift to a more decentralised way of doing things over the next five to ten years. This will mean that established exchanges (such as Uniswap) will be in high demand. Furthermore, as Uniswap is essentially a ‘first mover’ in the space, a large majority of people will probably choose to use the platform over others.
One thing that does need to be looked at is GAS fees. GAS measures how much computational work goes into something on the Ethereum blockchain; however, the actual fees are paid in ether. Right now, GAS fees for using the Uniswap platform are still relatively high, which means that the platform can be just as expensive (or more expensive) than traditional crypto exchanges.
If these fees can be reduced somewhat, it will likely tempt more people to use the platform. What’s more, as greater percentages of investors buy NFT tokens, it will likely create an ecosystem within the Ethereum blockchain that requires a service like the one that Uniswap provides. Thus, although Uniswap could be an excellent investment, it’s essential to have a longer-term outlook.
With that said, our Uniswap price prediction 2025 is still encouraging. As more tokens are created using Ethereum, there will be greater demand for exchanges that can facilitate the trading of these tokens. Due to this, we believe Uniswap could be valued at $65 by 2025.
Looking even further ahead, our Uniswap price prediction 2030 is similarly encouraging. There’s scope in the future for Uniswap token holders to earn a percentage of trading fees just for holding the token, although this is currently just a rumour. If this were to happen, we believe that Uniswap could head towards the $90 range by 2030.
Uniswap Price Chart
An important thing to keep in mind when investing in cryptocurrency is to refer back to the price chart. Although a coin’s underlying technology and community backing might be solid, if it isn’t reflected in the price chart, then you won’t be able to reap the benefits. In Uniswap’s case, the token is still relatively new to the market, having only been listed on exchanges in September 2020 – meaning that there is just over one year of trading history to go on.
Due to this, making a Uniswap forecast using the price chart can be pretty tricky. However, as we noted earlier, it’s a good idea to focus on the price range that Uniswap is trading in over the short term. A break of this price range will provide an indication of the market sentiment behind this token.
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As a side note, there will likely be times of volatility in the Uniswap price. Although Uniswap is not directly related to Bitcoin (BTC), the token’s price is still affected by broader shifts in the cryptocurrency market – which tends to be influenced by Bitcoin’s movements. Thus, you may see strange trends in the price chart with no objective relation to Uniswap. This is just part of crypto trading, as the smaller cryptos (such as Uniswap) tend to be affected by significant shifts in the larger cryptos.
Where to Invest in Uniswap
A key thing to keep in mind when investing in cryptocurrency UK is the actual process of facilitating your investment. To invest in Uniswap, you will have to create an account with a trustworthy broker that offers Uniswap as a tradeable asset. Due to Uniswap’s rise over the past year, many brokers and exchanges will allow users to trade the token.
Although there are many options on the market, we’d recommend using eToro. eToro is one of the most popular brokers for crypto traders, thanks to strong regulation from the FCA, ASIC, and CySEC. In addition to this regulation, eToro’s platform is incredibly user-friendly, which is excellent news for people who are new to trading.
eToro charges 0% commissions when you place a trade, which is in stark contrast to many other trading platforms that choose to charge a percentage of your position size as their fee. The only thing you need to keep an eye on is the spread, which is the difference between the bid and ask prices on an asset. This spread tends to be quite tight with eToro, although it can fluctuate depending on the trading conditions.
Deposits can be made from only $50, one of the lowest thresholds for CFD brokers. Users can make deposits via credit/debit card, bank transfer, and e-wallet – including PayPal and Skrill. Notably, there are no deposit fees or monthly account fees with eToro.
Finally, eToro also offers a vast selection of stocks, bonds, commodities, currencies, and ETFs – ideal if you are someone looking to create a diversified portfolio. What’s more, eToro provides a free demo account feature for beginner traders. This allows you to practice trading on the eToro platform before transitioning to real money!
Uniswap Price Prediction – Conclusion
Throughout this Uniswap forecast, we’ve highlighted what Uniswap is and the various factors that could influence the token’s price going forward. The Uniswap platform offers an innovative way for traders to exchange tokens without going through a central point of authority. In the future, as platforms such as Ethereum rise in prominence, Uniswap looks set to be in high demand – which is excellent news for investors.
If you’d like to buy Uniswap right now, we’d recommend partnering with eToro. eToro allows you to invest in Uniswap without paying any commissions, as they operate under a 0% commission model. Furthermore, deposits can be made from only $50 and are free to make!
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FAQs
What is the price of Uniswap right now?
The Uniswap price today is valued at around $25. Price is currently in the middle of a wide range, with no clear directional bias at present.
What drives the price of Uniswap?
Various factors affect the Uniswap price, although the major ones are hype and broader market effects. The hype around Uniswap tends to make people buy it, leading to price increases. More general market effects refer to the overall sentiment within the crypto market at any point in time.
Where can I buy Uniswap?
Various exchanges now offer Uniswap as a tradeable asset. However, our research for this Uniswap prediction has found that eToro represents the best option, as you’ll avoid paying commissions altogether.
Why is Uniswap going up?
Uniswap is not moving too much at the time of writing due to no clear directional bias. A break above the resistance level will be essential for Uniswap to showcase some a clear bullish trend.
What will Uniswap be worth by 2022?
Our analysis speculates that Uniswap could be valued at around $46 by the start of 2022 – breaching the all-time highs of May 2021.
What will Uniswap be worth in 2025?
By 2025, our analysis has estimated that Uniswap could be valued at around $62. By this point, we’d imagine that many more tokens will exist, meaning the Uniswap platform will offer a service that many investors require.
About Connor Brooke PRO INVESTOR
Connor is a Scottish financial expert, specialising in wealth management and equity investing. Based in Glasgow, Connor writes full-time for a wide selection of financial websites, whilst also providing startup consulting to small businesses. Holding a Bachelor’s degree in Finance, and a Master’s degree in Investment Fund Management, Connor has extensive knowledge in the investing space, and has also written two theses on mutual funds and the UK market.
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