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Uniswap Price Prediction: How High Will UNI Price Go?

What are analysts saying about the UNI price prediction? Stay up to date with the Uniswap price prediction on the basis of hitorical data.

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Uniswap is one of the utmost decentralized exchanges for cryptocurrency that runs on the Ethereum blockchain. Uniswap is a protocol that allows users to swap ERC-20 tokens flawlessly. UNI combines tokens into smart contracts.

Worried about your Uniswap investment and thinking about how high can it reach?

Don’t be worried, This article is meant to provide you with brief knowledge about Uniswap price prediction for 2021 and beyond. You will find out whether it is worthy to invest in Uniswap at the end.

Let us try to find out some information on Uniswap.

Overview CryptocurrencyUniSwapTokenUNIPrice$ 13.7700Market cap$ 3,924,571,835.0000Circulating Supply$ 284,573,536.7200Trading Volume $ 1,957,550,576.0000All time high$ 15.5000 January 27, 2021All time low$ 1.0300 September 17, 2020 What Is UniSwap?

Uniswap is a decentralized exchange founded by Hayden Adams in November, 2018. The protocol exists in the form of two smart contracts hosted on the Ethereum blockchain, as well as a public, open-source front-end client. It’s a 100% on-chain market maker allowing the swapping of ERC20 tokens, as well as ETH to an ERC20, and vice-versa.

UniSwap enables its users to exchange any ERC20 token, including the native ETH token, without middlemen, and allows anyone with an Ethereum address to contribute to the exchange’s liquidity, and thus earn from it.

UNI is the native token of the Uniswap protocol, and it entitles its holders to governance rights. This just means that UNI holders can vote on changes to the protocol. The tokens were launched in an airdrop to thousands of users in mid-September, 2020.

The introduction of the tokens will allow the community of holders to be involved in the governance of the protocol.

1 billion UNI tokens was minted at genesis. 60% of Mothose was distributed to existing Uniswap community members, while 40% was made available to team members, investors and advisors over the course of four years vesting periods.

UNI Technical Analysis 2020

Uniswap entered the crypto market on 17 September with a trading price of $2.94 according to Coinmarketcap. The price dramatically surged to $6.96 in two days after the launch as it got listed on several exchanges around the world. Surprisingly, UNI plunged to $3.98 by mid September and managed to reach $5.02 by the end of September.

Later the price declined to $2.57 by early October as bears pulled the market down. With certain variations, UNI traded between $2 and $3 until the end of October. Shockingly, UNI dropped to $1.80 by early November due to massive selling pressure. The price reached its resistance level by mid-November and remained at $3 with certain fluctuations until December. By the end of 2020, UNI was trading at $4.62.

UNI Price Prediction 2021

Uniswap entered 2021 with a trading price of 4.97. UNI started to recover as the trend started moving up. With certain improvements with its protocol, the price might consistently rise by every month. By the end of 2021, uniswap might trade at $28.

Uniswap Price Prediction 2022

Uniswap might initiate the year 2022 with a price of $30. The price might significantly rise if the market becomes bullish. Uniswap might gain the attention of the marketers as it provides an easy way to exchange coins. At the end of 2022, Uniswap might trade around $40.

UNI Next 5 Years Price Prediction

In 5 years Uniswap will grow in user-base. It might concentrate on newer projects to enhance its protocol to make it more user friendly. It might reach newer heights, if the market continues to be bullish. By the end of 5 years, Uniswap may trade at the $150 mark.

UNI Market Prediction

#1. DigitalCoinPrice

According to DigitalCoinPrice, Uniswap exchange is a profitable investment and its price may reach $7.22 per token at the end of 2021.

#2. Coinabitrage

According to CoinArbitrage, In the next three years Uniswap could reach as high as $67.5222 and the lowest price could be $5.83102.

#3. TradingBeasts

According to TradingBeasts, UNI might grow upto $19.7188 while its average price will be around $15.7695 by the end of 2021.

Our UNI Price Prediction

With a trading price of $4.97, Uniswap commenced the year 2021. Later the price started to grow. Certain collaborations and partnerships to boost the protocol might lead to Uniswap’s price surge. It might record a new All-Time-High in the upcoming days. The price may drop, if UNI fails to concentrate on certain developments. By the end of 2021, UNI might trade at $35 and $75 in the future.

FAQ

What Is Uniswap?

Uniswap is a decentralized exchange in the form of two smart contracts hosted on the Ethereum blockchain, as well as a public, open-source front-end client.

How does Uniswap Work?

Uniswap is an automated liquidity protocol. There is no orderbook, no centralized party and no central facilitator of trade.

Can Uniswap be halved?

No, Uniswap cannot be halved as it works on the Ethereum blockchain and it can only be mined.

How Many Liquidity Pools Exist On The Uniswap Network Presently?

To start, UNI is available through four liquidity mining pools: UNI holders may vote to add more pools after an initial 30-day governance grace period

Can Uniswap reach $100?

Yes, Uniswap could reach $100 by the future as it is one of the topmost cryptocurrency and its price might likely rise in future.

Let us try to find out some information on Uniswap.

Source: https://coinpedia.org/price-prediction/uniswap-uni-price-prediction/

Coinpedia

Will Ethereum Price Plunge Below $2000? Here are the Next Crucial levels for ETH?

With the London hard fork just around the corner, Ethereum price appears to be in trouble. The launch of the EIP-1559 upgrade is also approaching, yet the

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With the London hard fork just around the corner, Ethereum price appears to be in trouble. The launch of the EIP-1559 upgrade is also approaching, yet the coin’s price remains in the bearish zone.

The cryptocurrency ETH/USD struck a high above $2400 last week, but it has now reversed lower from that peak on July 7th.

The price of Ethereum has failed to recover over $2200 and has begun a new downward trend. It is currently trying to keep its price above $2000. If ETH falls below $2000, it could experience a huge drop. The decrease occurred when investors began to believe that the hard fork would be delayed once more.

In a similar fashion to Bitcoin, ETH has dropped from the $2,175 barrier zone. Near $2,100, ETH breached many supports. If Ethereum does not recover above $2,050 or $2,100, it may continue to fall, with additional losses and a retest of $1850-$1900 possible.

On the downside, $2,010 serves as an initial support level. In the short term, closing over $2,100 might kick-start a good recovery wave. Near the $2,175 level, the next major resistance is found. At the time of writing, ETH was trading at $2021.85.

On the other hand, Lark Davis appears to be bullish on Ethereum. According to Davis.:

There are so many catalysts: moving to proof-of-stake (PoS), [ETH] 2.0, [decentralized finance], [non-fungible tokens], EIP-1559, and much, much more – the developer lead and all this stuff. I’m super, super-bullish on Ethereum.”

Earlier today his tweet also was hinting towards his Bullish outlook for the second-largest cryptocurrency.

Ethereum 2.0 has 195,878 validators running the network with a total of 6.268 million #ethereum deposited. Currently we are seeing more ETH a day flowing into ETH 2.0 to stake than is being mined. BULLISH!!!!

— Lark Davis (@TheCryptoLark) July 13, 2021

Source: https://coinpedia.org/price-analysis/ethereum-price-next-crucial-levels/

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Coinpedia

Altcoins are set to skyrocket as Bitcoin Nears $36K key Wyckoff level

The performance of Altcoins is always coupled with the flagship crypto. After the recent crash where BTC dipped below $30K, most altcoins dipped too.

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The performance of Altcoins is always coupled with the flagship crypto. After the recent crash where BTC dipped below $30K, most altcoins dipped too. However, now BTC’s eye at the key Wyckoff level is speculated to ignite a price surge for altcoins.

Bitcoin was up by 4% on Tuesday, After testing $33,000 support overnight, bulls prevailed, propelling Bitcoin higher.

Popular analyst Rekt Capital has highlighted that $36000 is a key level to watch out for now.

According to Wyckoff study, $36,000 will likely mark the end of a “phase C” and the beginning of a “phase D” for BTC/USD, with a bullish trend.

A potential higher target is now an unfilled CME futures gap above $46,500. This would be a major move if it happened because Bitcoin would be breaking out of a trading range it has been in for some weeks.

Trader Filbfilb, on the other hand, had a more practical outlook. The levels that had drawn the most people to the so-called “point of control,” or POC, he claimed, were still under bear control.

“Trend remains down, bears dominating the POC / middle of the range. It is what it is until the POC becomes support.” his Tweet read.

Altcoins witnessing upward momentum

In the meantime, conditions may be ideal for altcoins to outperform Bitcoin in the medium run.

According to trader Michael van de Poppe, it could be more than just BTC/USD that attracts attention in a market where cryptocurrencies tend to “grind up” rather than erupt ahead.

Van De Poppe’s Tweet read,

Most likely expectation is that #altcoins will be grinding up way heavier than #Bitcoin in the coming period.

They looked great and got destroyed through that final drop of #Bitcoin to $30K.

Therefore, I’m expecting them to continue outperforming #Bitcoin in the coming months.

— Michaël van de Poppe (@CryptoMichNL) July 6, 2021

Overnight, some of the top fifty cryptocurrencies by market capitalization jumped by more than 10%. Ether (ETH), the largest altcoin, was trading at $2,340, up 3%. In the meantime, a number of Defi tokens have fared well in the last 24 hours, particularly SUSHI and AAVE, which have both increased by over 20%.

A potential higher target is now an unfilled CME futures gap above $46,500. This would be a major move if it happened because Bitcoin would be breaking out of a trading range it has been in for some weeks.

Source: https://coinpedia.org/altcoin/altcoins-are-set-to-skyrocket-as-bitcoin-nears-36k-key-wyckoff-level/

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Coinpedia

Bitcoin Price Will Never Hit $20,000 Says A Popular Analyst!

Despite multiple dumps and corrections, the Bitcoin (BTC) price may not revisit much lower levels below $20,000

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The slowed pace of the Bitcoin price nowadays has become more worrisome for almost the entire crypto space. On the other hand, the dump to its initial levels after a slight jump had become the new trend of BTC price. Despite the corrections, the price could stand strong on the support levels.

The 50-day MA has always been acting as the strong support level and also as resistance level during an uptrend. The price which was trending in a very decisive phase within an ascending triangle slipped below the levels. However, teh fresh trade bought the price within the triangle and a notable breakout may be imminent.

Also Read: Bitcoin Price Surge to $40K by Mid- July, Ethereum Price Will Blow Past $4400 in Next 6 Weeks, Says Analyst

However, amid a downtrend, the price could stand strong above the support levels. As per a popular analyst, K A L E O, the bids at $20,000 will never get filled. The analyst tried to say that the price may not plunge to these levels ever again.

Bullish Sentiments Gear Up For Bitcoin Price

The positive market sentiments may fuel the upcoming bull run. And yet another upbeat for the BTC price is the sudden drop in the difficulty adjustment. As the miners in China have shut their operations, and relocating, the downward adjustment was dropped from its all-time high of 42.6% to 27.94%.

It’s the very first time in history when the downward adjustment occurred 3 times in a row. With the miners experiencing a hard time in China, the FUD of mining being centralized in China is quashed. And moreover, the hash power may now be equally be distributed around the world.

We just witnessed the largest ever downward #Bitcoin difficulty adjustment 27.94%#Bitcoin just doing it’s thing

— Danny Scott (@CoinCornerDanny) July 3, 2021

On the whole, many analysts and crypto influencers believe many profitable days are yet to come before the end of 2021. Despite the Bitcoin price is ranging around $35,000, yet it is believed to smash $100K. And hence a downtrend may not drag the BTC price below the support levels that stand at $32,828.

Also Read: A Popular Analyst List The Altcoins Which Can Explode In Upcoming Bull Run!

Source: https://coinpedia.org/price-analysis/bitcoin-price-will-never-visit-20000/

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