Uniswap’s native token, UNI, is stuck in a tight spot. Currently trading at $7.60, it’s down just 0.06% in the past 24 hours. Despite the dip, the 24-hour trading volume took a heavier blow, falling 22.48% to $440.83 million. This might signal reduced trader enthusiasm or a short-term cooldown.
In the preceding week Uniswap was able to consolidate around $7.60 showing a marginal decline of just 0.71%. While all that may be immediately apparent, there are clear signs of changes ahead. Technical chart patterns suggest that there is a biiger move coming in the near future / on the horizon . The tempo of the surging market is decreasing, still one can feel its rhythm; its heart beat is not lost.
Moving averages provide support for UNI’s handle
Crypto expert Alex Clay has noticed a well-known pattern called the “Cup and Handle” on Uniswap’s daily chart. This pattern starts with a slow U-shaped drop and ends with a small pullback. It often signals that the price might soon go up sharply. UNI’s “cup” shows how the price slowly went up from around $5 back to $10.
The “handle” is now forming just above important moving averages, the 50, 100, and 200-day lines. These lines act like support levels and show that buying pressure is growing. If UNI’s price breaks above the $10.265 mark (called the 0.786 Fibonacci level), it could lead to a big price jump.
Uniswap price predictions for 2025
Clay predicts four big price targets for Uniswap, $10.27, $12.02, $13.77, and $15.96. These are more than twice the current price. But this depends on strong trading volume to confirm the price breakout. Without enough volume, the price might stop rising.
There are other predictions which give a mixed impression. According to figures from DigitalCoinPrice, Uniswap should reach $30.93 by the end of next year and there is even a chance it could go back up as far as $44.97.
However, Changelly painted a less aggressive picture with its forecast for 2025 at just $10.80 peak value even though its average was slightly higher at about $11.56 per coin in that same year . A rise to around $8.44 is predicted in June 2025, resulting in an ROI of -51.2% can be expected over the short run system .