DotBig: Forecast for Uniswap

Forecast for Uniswap

A short introduction to UNI

November 2018 is considered the month of the Uniswap launch. It runs on Ethereum. Its cryptocurrency is applied as an instrument delivering the possibility to vote, take part in the creation of dApps, etc. UNI is also an investment instrument, which is now available on all major crypto exchanges you can even think of.

  • Uniswap offers access to the Metamask wallet, which is often considered one of the safest and the most convenient solutions to access Ethereum.
  • Uniswap enables its participant to fully control their keys.
  • The Uniswap isn’t an intermediate exchange, it’s an open-source space for developers. This makes the processes here smoother and more independent.

Is it bullish or bearish in 2022?

To answer these questions, our experts conducted technical analyses of the cryptocurrency based on its fundamentals and previous performances. As we expected, by September 2022, UNI reached $6. What will happen in the following periods?

  • UNI investors are interested in when UNI will recover its price in February 2021. Considering the fundamentals and the previous performances, we expect this to happen no sooner than 2025. In three years, we expect the cryptocurrency to reach the maximum of $36 and fall not lower than $30.
  • Technical analysis shows that 2026 might become a breakthrough year for this DeFi instrument. DotBig analysts consider that in 2026 the price of UNI will start surging significantly. The constant growth might lead the price charts to the point of around $200–210 in 2030.
UNI exchange rate for August 2022

Final thought

Data, received from our technical research, say that the UNI investors have a great chance to make gains on returns from the long-term perspective. Even though, keep in mind that this is just our prediction and we don’t motivate you to do anything on the crypto market.

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