Quick Summary
- UNI rose 8.3% in 24 hours, now trading around $6.33
- Analysts forecast $25 by 2028 and $40+ by 2031
- Strong support at $5.50, key resistance near $8.30
- Momentum is building with bullish indicators like RSI and EMAs
- Long-term outlook driven by DeFi growth and Uniswap V4 upgrades
Uniswap (UNI) Shows Signs of Revival
Uniswap’s native token, UNI, is showing fresh momentum in the crypto market, up over 6% in the past 24 hours, now hovering around $6.33. With renewed interest in DeFi and continued protocol development, investors are taking notice of what might be the start of UNI’s next major move.
Trading volume and market cap are both on the rise, pushing UNI’s market cap to nearly $3.91 billion with over 629 million tokens in circulation—making it one of the most significant DeFi projects today.
Source: CoinMarketCap
Technical Indicators Suggest Bullish Momentum
The short-term technical picture paints a bullish tone:
- The 50-day SMA at $5.81 acts as a stable support.
- The 200-day SMA at $8.33 serves as a key resistance to watch.
- UNI’s RSI is 56, indicating moderate bullish strength—room to grow before hitting overbought levels.
- Bollinger Bands are widening, suggesting rising volatility and potential breakout.
Meanwhile, EMAs show increasing buying pressure, but resistance between $8.24 and $9.35 may slow a rapid rise.
Source: SoSoValue
Price Forecast: Steady Growth, Long-Term Potential
Market analysts remain optimistic but realistic:
- 2025: UNI expected to range between $3.24 and $9.72, average near $8.10.
- 2026–2028: Targets of $15 to $25, driven by ongoing DeFi adoption and Uniswap’s roadmap.
- 2029–2031: Long-term projections place UNI between $31 and $42, with broader adoption of governance tokens and Ethereum upgrades fueling growth.
What’s Driving UNI Forward?
Uniswap continues to lead the DeFi space with a focus on utility, decentralization, and community governance. Its ecosystem upgrades—especially the much-anticipated V4—are expected to bring greater efficiency and attract new users.
As the DeFi sector evolves, UNI’s role as both a governance and ecosystem token becomes even more critical.
Final Thoughts
While challenges remain—especially near major resistance levels—the outlook for UNI is cautiously optimistic. With strong fundamentals, supportive technicals, and a clear roadmap ahead, Uniswap could be gearing up for a solid long-term run.