Uniswap Price Jumps 20% Today: Is $25 the Next Target?
Post Uniswap price jumps 20% today: Is $25 the next target? first appeared in Coinpedia FinTech News
Uniswap price returned to the $18 mark with an impressive price increase during early Asian trading. Additionally, Uniswap’s TVL jumped 15.58% (month-on-month) to $6.720 billion, highlighting the chain’s increasing adoption in the cryptocurrency space.
With price volatility intensifying in the cryptocurrency space and the highly anticipated altcoin season approaching, will decentralized finance (DeFi) projects dominate Ethereum’s rally?
UNI coin price retests 52-week high!
Uniswap price has recorded a double-digit surge in the past 24 hours as the bullish recovery in the cryptocurrency market continues. With a trading volume of $1.04 billion, the altcoin has firmly ranked among the top gainers today.
The simple moving average (SMA) is recording bullish convergence on the Uniswap price chart. This hints at strong buying pressure for this DeFi token in the cryptocurrency space.
Moving Average Convergence Divergence (MACD) displays a constant green histogram on the daily time frame. Furthermore, its average shows a positive price trend, highlighting that Uniswap price may continue to appreciate this week.
Will UNI price reach $25?
If market bulls push Uniswap price above the $18.750 resistance, the DeFi token will be ready to test its highs of $21.90. Maintaining the price at this level could push its value towards the $25 target.
On the other hand, if there is a bearish reversal, Uniswap price could pull towards the $15.4 level. If uncertainty increases by then, UNI token price may retest its lower support at $11.950 this year.
Are you wondering “Will Uniswap hit $1,000?” Read CoinPedia’s Uniswap Price Prediction Uncovering the mystery of possible prices before 2030!
FAQ
As the adoption of cryptocurrencies continues to increase in the real-time world, UNI price may reach the $100 mark by 2030.
If bullish sentiment persists, UNI price could reach a high of $30.94 in 2025.
With a 24-hour change of +19.78%, the altcoin is currently valued at $18.663.
