UNI Price Slides 8% As Uniswap Delays Crucial Voting Proposal

In a blow to the momentum of the Uniswap native token, UNI, the decentralized exchange (DEX) has been forced to postpone a highly anticipated proposal that would have improved its token governance and fee distribution model.  Meanwhile, the company is also locked in a legal battle with the US Securities and Exchange Commission (SEC) over [...]

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Uniswap On Arbitrum Nears $150 Billion In Swap Volume

Uniswap, one of the worlds largest decentralized exchanges (DEX) by total value locked (TVL), is approaching a major milestone on Arbitrum, the largest layer-2 by TVL on Ethereum. According to data from Dune Analytics shared by Uniswap Labs, Uniswap on Arbitrum is on the cusp of surpassing a staggering $150 billion in total swap volume. Riding The [...]

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Uniswaps UNI Token Picks Up Steam Should You Buy Before It Takes Off?

Uniswap's UNI token is trading between $5.20$5.30. The MACD is bullish, and the RSI has room to rise. A break above $5.30 could run up to $5.75 resistance.

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Uniswap Resurgence Incoming? Analyst Predicts 30% Surge For UNI Price

Uniswaps native token, UNI, has been struggling in terms of its price action over the past few weeks. Although the general state of the crypto market may be blamed for this gloomy price performance, other factors, such as the Wells Notice from the US Securities and Exchange Commission (SEC) to the Uniswap protocol, have also played a role. However, the UNI price appears to be recovering well, as the token has jumped by more than 2% in the past day. A popular crypto pundit on X has predicted that a bullish rally might only just be beginning for the DeFi coin, but the question is – how far can Uniswaps price go? Analyst Sets $10 Target For Uniswap Price In a recent post on the X platform, prominent crypto analyst Ali Martinez put forward an exciting bullish prediction for the price of UNI. According to the expert, the cryptocurrency might be getting ready for a run to the upside in the coming days. Related Reading: Injective Votes On Major Upgrade To Make INJ Even More Deflationary: Will Prices Recover? The rationale behind this bullish prognosis for the Uniswap token is based on the TD (Tom DeMark) Sequential Indicator. The Tom Demark Sequential is an indicator in technical analysis used to identify the probable time and points of trend exhaustion and price reversal. Uniswap's daily price chart | Source: Ali_charts/X The TD Sequential indicator consists of two stages, namely the setup and the countdown phases. As shown in the chart above, UNIs price just completed the setup phase, which comprises nine consecutive candles that closed lower than the candle four periods ago. The completion of this phase usually signals a potential trend reversal for the tokens price. The direction of the reversal depends on the type of candles that formed the setup (I.e., red candles would suggest a bottom for the asset, while green candles would imply a top). Martinez noted in his post that the TD Sequential has flashed a buy alarm on the UNI daily chart, and the token might be gearing up for a 1 – 4-day rally. According to the analyst, the DeFi coin could jump as high as $10, representing an over 31% surge from the current price point. UNI Price Overview As of this writing, the price of UNI stands at around $7.46, reflecting a 2% jump in the past 24 hours. However, this latest price increase is not enough to bring the coin to profit on the weekly timeframe. Related Reading: Shiba Inu Burn Rate Sees 81% Daily Increase, But Why Is Participation Low? According to CoinGeckos data, Uniswaps price is down by more than 4% in the past seven days. The cryptocurrency would look to regain the $10 level, having lost it due to the news of the SECs looming action.  UNI price showing signs of recovery on the daily timeframe | Source: UNIUSDT chart on TradingView Featured image from Uniswap Labs, chart from TradingView

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UNI Price Recovery Gains Traction Will It Smash Through Resistance?

Uniswap price is gaining traction as it rebounds from the $6.7 level, sparking renewed optimism among traders. After a period of consolidation, bulls are strongly attempting to reclaim control, aiming for a breakout beyond key resistance levels. However, the road ahead is not without obstacles. A critical resistance zone looms, and whether UNI can push past it or face another pullback remains the big question. Market sentiment is shifting as buying pressure increases, but the presence of strong resistance could determine the next phase of price action. If UNI breaks through, it could open the doors for a sustained rally, while failure to do so might lead to another retest of lower levels. Price Targets: How High Can Uniswap Go? Uniswaps recent recovery from $6.7 has sparked bullish optimism, but how far can the price climb if it successfully breaks through resistance? The first key target lies at $8.7, a crucial resistance level that has previously acted as support and rejection. A decisive move above this zone could pave the way for $10.3, a level that may determine whether UNI can sustain further upside. Related Reading: Uniswap Price Surges Past $10 Bullish Pattern Suggests Further 30% Gain If buying momentum remains strong, the next major hurdle is around $12.3, a psychological barrier and a key resistance from past price action. Beyond this level, the rally is expected to extend, potentially opening the door for $15.7 and beyond. However, UNIs ability to reach these targets depends on broader market conditions, trading volume, and bulls countering selling pressure. A rejection at resistance might lead to a retest of lower levels, making it crucial for traders to monitor price action closely. Lastly, the Relative Strength Index (RSI) formation indicates that UNI still has more room for upward movement, as the RSI line has risen above the 50% threshold. This suggests that buying momentum is increasing, signaling a possible continuation of the bullish trend.  Support Zones To Watch If UNI Faces A Pullback Several key supports may prevent UNIs struggles to maintain its bullish momentum against further decline. The first major support level is around $6.7, which recently acted as a strong demand zone. A bounce from this level could indicate that buyers are still in control, keeping the uptrend intact. Related Reading: Uniswap Aims For Recovery Bulls Take A Stand At $12.3 Support Should selling pressure intensify, UNI might drop toward the $5.5 range, a key area where buyers have previously stepped in to defend against more drops. Furthermore, a breakdown below this zone might shift sentiment to bearish, exposing UNI to a potential drop toward $4.8, a level where the token may stabilize or extend its losses. Featured image from Adobe Stock, chart from Tradingview.com

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Uniswap (UNI) In Trouble? Price Crash Below $6.7 Signals Bigger Problems

Uniswap (UNI) has slipped below the crucial $6.7 support level, raising concerns about a potential extended downturn. This breakdown comes amid increasing selling pressure, signaling that the bulls may be losing their grip on the market.  With volatility rising and market uncertainty growing, the next few trading sessions will be crucial in determining whether UNI can bounce back or if a prolonged downtrend is on the horizon. Will the bulls reclaim lost ground, or is UNI heading for even lower levels? Price Action and Technical Indicators Flash Warning Signs UNIs price action is showing clear signs of weakness as the token struggles to regain momentum after breaking below the $6.7 support level. The recent downturn has intensified bearish sentiment, with sellers dominating the market and pushing UNI toward lower support levels. If buying pressure doesnt return soon, further losses could be imminent. Related Reading: Uniswap Bleeds 20%Is This Whale Behind The Drop? The asset has dropped below its 100-day Simple Moving Average (SMA), a key long-term support level. This breakdown suggests a potential shift toward a broader downtrend, especially if UNI fails to reclaim this level quickly. A prolonged stay below the 100-day SMA could reinforce seller dominance, increasing the risk of further declines. Meanwhile, the MACD has flipped bearish, with the signal line crossing below the MACD line, a classic indication that sellers are gaining strength. Additionally, Uniswap trading volume has declined, suggesting a lack of strong bullish participation to counteract the selloff. For Uniswap to regain strength, buyers must push the price back above $6.7 with strong volume, invalidating the breakdown. Until then, the risk of more downside toward $5.5 and $4.8 remains high. Can Uniswap Reclaim $6.7 and Reverse Course? Uniswap is at a critical inflection point after its recent breakdown below $6.70. As UNI struggles to regain momentum, traders and investors are left wondering whether this drop is just a temporary setback or the start of a deeper correction. Related Reading: Uniswap Stays On Course For More Gains $12.3 Resistance In Sight While bears have dominated recent price action, the market questions whether UNI can fight its way back above this key level or if the resistance will hold. If UNI manages to break and hold above $6.7 with robust buying volume, it could indicate that bullish momentum is returning, invalidating recent bearish pressure and signaling a potential trend reversal.  A decisive breakout above this level would restore investor confidence and also attract more buyers, leading to an extended rally. Should this scenario unfold, UNI might gain traction toward $8.7, with a sustained push driving the price to $10.3 and beyond in the coming weeks. Featured image from Vectorstock, chart from Tradingview.com

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Uniswap Tops Other Big Crypto In Social Dominance Despite Price Drop

Uniswap (UNI) has surged in the social dominance department, peaking on December 25 at 20.46%. Uniswap is seen to win the popular vote as it topples other cryptocurrencies in the social arena. Here’s a quick look at how it is performing: UNI price drops 1.26% Uniswap critical support spotted at $5.09 UNI dominates the crypto space in terms of social dominance On the other hand, UNI still looks bearish, which could linger on for quite some time. According to data by CoinMarketCap, UNI price was trading at $5.07, down 5.2% in the last seven days. Related Reading: NEAR Struggles As Bulls Aim To Flip $1.45 Resistance Into Support Source: CoinMarketCap The price could even slide further down if the coin fails to hold on to its current support level. The MACD histogram has fallen below zero, which indicates an increase in the amount of pressure being exerted by sellers. UNI Technical Indicators: Seller Aggressiveness Uniswap’s technical indicators show that sellers are more aggressive than buyers in the coming days. Uniswap, with the daily trading session, hinted at the formation of a descending triangle pattern. It also demonstrates a long-term bearish trend considering that the price dangles within the 100 and 200 SMA. Chart: TradingView The upper Bollinger Band sits at $5.25, while the lower Bollinger Band is currently at $5.32, which suggests a bearish trend for Uniswap. This market pattern is seen to continue for an extended period. Related Reading: Chiliz (CHZ) Finds Cover At This Level For Some Temporary Relief UNI total market cap at $3.8 billion on the daily chart | Chart: TradingView.com On the brighter side, Uniswap’s price may increase once it successfully breaches the $5.4 level. However, if the coin barrels past the key support level, it could aggravate the losses. Now, in order to reverse the negative sentiment, the bulls should maintain the support level and push the prices way up. UNI Search Volume Among Traders Climb In terms of social dominance and volume, UNI sits at 6,902 crests, which means that search volume has increased among the traders. Traders now see the spike in social dominance as an opportunity to rake in profit from UNI. In fact, Binance funding has increased by 0.009%. However, despite the spike in investor interest, Uniswap still needs to increase in value. In November, Uniswap rolled out an NFT aggregator as the market was bullish then. However, the tide has turned, and UNI NFTs did not seem to tickle the fancy of many investors as NFT trades have plummeted to only $7,562. While UNI is dominating social volume and dominance, this might not go on for long, as the social volume and price seem to plunge further in the coming days.

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Uniswap Price Prediction: This Bearish Setup Could See UNI Drop To $4.78

Uniswap price action has been drab since Q3 of 2022 despite making waves since 2021. Investors have begun to wonder whether the Ethereum liquidity provider [...]

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Uniswap Price Prediction: Can Uniswap Stage 14% If China Relaxes Zero Covid Restrictions?

Uniswap price, just like stock and commodity prices, hit the lowest mark this year following protests in China, a top importer, over strict Covid-19 curbs [...]

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Breaking News: Uniswap Price Soars with Proposed Staking Rewards. Whats Next?

Uniswap (UNI) just got a major boost in its price! Let's take a look at this Uniswap price article in more detail.

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Uniswap 71% Single-Day Rally Raises Eyebrows Can DeFi Maintain Momentum?

The cryptocurrency market witnessed a significant shift in momentum on February 23rd, as Uniswap native token, UNI, skyrocketed by an impressive 71%. This surge marks the token’s highest price point since March 2022, sending shockwaves through the crypto landscape and reigniting interest in the decentralized finance (DeFi) sector. Source: Coingecko Related Reading: Siacoin Balloons To 65% in Value On Network Upgrades Details Uniswap Proposes Fee-Sharing Feast For Stakers The primary catalyst behind this astronomical rise appears to be a pivotal proposal unveiled by the Uniswap Foundation. This proposition advocates for the implementation of a novel fee-sharing mechanism, fundamentally altering the token’s utility and incentivizing long-term participation within the Uniswap ecosystem. Under the proposed system, UNI holders who stake their tokens will be rewarded with a portion of the fees generated by the Uniswap protocol. This not only grants them a direct financial incentive but also empowers them to choose delegates who vote on governance proposals, shaping the future direction of Uniswap. This revolutionary approach resonates with a broader trend of resurgent interest in DeFi. According to on-chain data provider Santiment, assets associated with decentralized lending, borrowing, and cryptocurrency exchange, like $COMP, $SUSHI, and $AAVE, have all experienced notable value increases, mirroring UNI’s upward trajectory. Trade Volumes On A Roll Further bolstering this trend, trading volumes across these protocols have also seen explosive growth. For instance, the COMP price jumped alongside a staggering 400% increase in trading volume, reaching over $175 million. Similarly, SushiSwap (SUSHI) witnessed a 27% price surge coupled with a 153% increase in trading volume. This shift in investor focus is further underscored by a corresponding decline in the value of AI-related coins, indicating a potential capital rotation within the market. UNI currently trading at $12.16 on the daily chart: TradingView.com Uniswap v4 Upgrade On The Horizon: Efficiency And Customization Beckon Adding fuel to the fire is the impending arrival of the highly anticipated Uniswap v4 upgrade, slated for release in Q3 2024. This transformative update promises to enhance the protocol’s efficiency and customizability, catering to the evolving needs of the DeFi space. While the direct impact of v4 on the current price surge remains debatable, its potential to revolutionize the Uniswap experience undoubtedly contributes to the overall bullish sentiment surrounding UNI. Related Reading: Ethereum Bullish Run: Analyst Eyes $4,500 After ETH Breached $3K Beyond Uniswap: DeFi Dominance On The Rise? The Uniswap fee-sharing proposal and upcoming v4 upgrade have not only revitalized the UNI token but also cast a spotlight on the broader DeFi landscape. Analysts predict that other DeFi protocols like Blur and Lido Finance could witness similar surges in the wake of Uniswap’s bold move. This potential domino effect underscores the growing importance of DeFi within the cryptocurrency ecosystem, attracting investors seeking innovative financial solutions beyond traditional centralized systems. Featured image from Adobe Stock, chart from TradingView

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Uniswap Foundation Unveils Major Upgrade Plan, UNI Price Skyrockets 52%

Uniswap (UNI), one of the industry’s largest decentralized cryptocurrency exchanges (DEXs), has set the stage for a major shift in its ecosystem with a proposed upgrade that could have significant implications for UNI token holders.  The upgrade aims to bolster governance participation, enhance resilience, and reward token holders for active engagement within the Uniswap ecosystem. Uniswap Takes Big Leap In Governance Uniswap Foundation (UF) Lead Developer Erin Koen, while expressing his enthusiasm, has suggested that it has been the “biggest week in Uniswap Protocol Governance” and revealed a major upgrade proposal for the system. At the heart of the proposed upgrade lies a fee mechanism designed to reward UNI token holders who stake and delegate their tokens. As announced, by actively participating in the governance process, token holders can earn additional rewards in the form of protocol fees.  In addition to the enhanced rewards, the proposed upgrade seeks to fortify Uniswap Governance, making it more resilient and decentralized.  According to Koen, by increasing the number of actively involved token holders, the governance structure becomes more robust, ensuring that decisions align with the collective interests of the UNI community.  The proposed upgrade maintains governance control over core parameters such as fee-charged pools and fee magnitude. Token holders will collectively decide on these critical aspects, allowing for flexibility and adaptability in response to market dynamics.  Related Reading: Avalanche C-Chain Experiences Block Production Halt, AVAX Price Responds Beyond the immediate benefits, the proposed upgrade holds the potential for long-term value appreciation of the UNI token. By incentivizing participation and aligning token holders’ interests with the ecosystem’s success, Uniswap aims to foster organic growth and adoption.  Assuming a successful on-chain vote, the community will have the option to activate fees. Gauntlet, a trusted entity, is reportedly preparing a proposed roll-out process that will be shared on the forum.  Only after completing this separate governance process will fees be collected and distributed according to the adopted contracts. Koen further noted: Were excited to invigorate governance incentivizing not only delegation but thoughtful and active delegation by tying delegation to protocol fees. Specifically, we believe UNI token holders will be incentivized to choose delegates whose votes and engagement with the protocol will lead to the Protocols growth and success. If this proposal succeeds we believe we will see an influx of new delegations. UNI Records 23-Month High As these developments unfold, considerable excitement has emerged around the Uniswap protocol. Notably, a cryptocurrency investor named “Virtual Bacon” expressed enthusiasm, stating, “Uniswap finally proposes to share revenue with UNI token stakers. Chart exploding on this ‘proposal’ which hasn’t passed yet.”  Within 24 hours, the UNI token witnessed a surge of over 52%, signaling the market’s anticipation of the potential benefits this upgrade could offer token holders. Currently, the UNI token is trading at $11.29. However, with the unveiling of the upgrade proposal, the token quickly surged to the $12.50 level, reaching its highest point in 23 months.  The gains over longer time frames have also experienced a dramatic surge. Over the past fourteen days, the UNI token has seen an impressive increase of 73%. Similarly, the token’s value has soared by 94% in the last thirty days.  Related Reading: Cardano (ADA) Faces Critical Sell Signal: Crypto Analyst Raises Alarm Overall, should the proposed upgrade be approved and implemented, Uniswap will reinforce its position as a leading DEX and establish a framework that empowers token holders and fosters the continued growth and success of the Uniswap protocol. Featured image from Shutterstock, chart from TradingView.com

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Uniswap Expands Reach: Deploys v2 Protocol On Six New Chains Including Arbitrum And Polygon

Uniswap (UNI), one of the largest decentralized cryptocurrency exchanges (DEX) by trading volume, has made an important announcement regarding deploying its v2 protocol on six additional chains.  The chains on which the v2 protocol has been deployed include Arbitrum (ARB), Polygon (MATIC), Optimism (OP), Base, Binance Smart Chain (BSC), and Avalanche (AVAX). Uniswap Widens v2 Protocol Deployment According to a recent post on X (formerly Twitter) by Uniswap Labs, the software product developer working on the protocol, the decision to deploy the v2 protocol on more chains is primarily driven by the desire to simplify the experience for Liquidity Providers (LPs). While the protocols v3 offers advanced features tailored for active liquidity providers, the development team believes the v2 protocol offers a more straightforward approach.  By default, v2 pools cover the entire price range, reducing the need for upfront decisions and minimizing the active involvement of liquidity providers. This simplification streamlines the process and makes it more accessible to a broader range of users, according to the announcement.  Related Reading: AVAX Slips, Adding Tension To $365 Million Avalanche Token Unlock Drama Another benefit of using the v2 protocol on multiple chains, according to Uniswap Labs, is its cost efficiency. Creating pools on v2 is more gas efficient than other versions, resulting in lower gas costs to add liquidity.  This cost reduction can be translated into savings for users, making swaps on the platform incredibly affordable. In addition, the use of v2 on Layer 2 scaling solutions significantly reduces the risk of frontrunning and manipulative practices known as Miner Extractable Value (MEV).  Ultimately, by offering an official v2 deployment directly accessible through the Uniswap interface, the developers suggest that users can be assured of a safe and secure environment for their swaps. UNI Price Dip, Platform Metrics Remain Solid Despite the recent developments that could attract investors’ attention and drive broader adoption of the Uniswap protocol, the exchange’s native token, UNI, is currently undergoing a significant correction in line with the overall market trend. Currently, UNI is trading at $7.22, representing a 4.4% price drop in the past 24 hours and a 1.1% decline in the last trading hour. However, it’s worth noting that UNI has been one of the better-performing tokens in the market, with price increases of 14.7% and 16.8% in the past fourteen and thirty days, respectively. Furthermore, according to data from Token Terminal, the Uniswap ecosystem continues to exhibit substantial growth in key metrics.  Related Reading: Bitcoin FOMO Hasnt Spiked Yet: Green Signal For Rally To Continue? The fully diluted market capitalization of Uniswap stands at $7.56 billion, reflecting the total value of all tokens if they were fully in circulation. This figure has experienced a notable increase of 18.4% over the past month.  In contrast, the circulating market capitalization, which considers the currently circulating tokens, is valued at $6.94 billion, indicating a 19.9% increase over the same period. Despite the overall surge in market capitalization, the trading volume of the UNI token has experienced a significant decline of 69.3% over the past 30 days, amounting to $2.79 billion.  The total value locked (TVL), a measure of the value of assets locked within Uniswap’s smart contracts, has also experienced a 14.4% increase, reaching $4.76 billion.  Featured image from Shutterstock, chart from TradingView.com

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Uniswap Price Surges Past $10 Bullish Pattern Suggests Further 30% Gain

The Uniswap price appears to be recovering nicely after a disappointing performance at the beginning of the year. The DeFi token rallied past the $10 mark in the final hours of Friday, February 14, reflecting the improving climate of the general crypto market. Uniswap Price Jumps 10% In The Past Week The UNI token was one of the beneficiaries of the bullish momentum that shook the market on Friday evening. As of this writing, the price of Uniswap stands at around $10.18, reflecting an over 3% increase in the past 24 hours. Related Reading: Bitcoin At Risk? Analyst Says Breaking This Price Level Could Spark Significant Volatility This single-day action pushed the Uniswap price performance in the last week to double digits; a nearly 11% climb according to data from CoinGecko. While things seem to be looking up for the altcoin, its performance on broader timeframes is still something to worry about. Due primarily to the recent drop beneath the $8 level, the price of UNI is down by almost 15% in the last two weeks and 30% in the past month. However, the Uniswap price appears to be gearing for a bullish breakout over the next few days. Here’s How UNI Price Could Reach $13 In a February 14 post on the X platform, popular crypto analyst Ali Martinez put forward an exciting bullish outlook for the price of UNISWAP over the coming days. According to the crypto pundit, the DeFi coin could travel as high as $13 following the potential bullish breakout. The rationale behind this optimistic prediction is the formation of the Adam & Eve pattern on UNI’s hourly price chart. The Adam & Eve pattern is a technical analysis formation characterized by two distinct troughs (price swing lows). The first depression, Adam, is a sharp V-shaped dip, while the second trough, Eve, is marked by a more rounded, U-shaped bottom. This price formation is often a reversal indicator, suggesting a potential shift in market sentiment from bearish to bullish. However, it is most crucial after identifying an Adam and Eve pattern to wait for the confirmation of a bullish breakout. The bullish setup is validated once the asset’s price breaches and successfully closes above its highest high. In UNI’s current situation as shown in the highlighted chart, the significant level to confirm the bullish breakout is around the $10.1 mark. According to Martinez, a successful close above this level could set the stage for a Uniswap price rally to $13 about 30% from the current price point. Related Reading: Avalanche Shows Signs Of Recovery As Key Indicator Flashes A Buy Signal Details Featured image from iStock, chart from TradingView

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Uniswap V4 Catalyst: UNI Token Primed For Growth As New Chain Launch Loom

Uniswap, one of the worlds largest decentralized exchanges (DEX), is poised for significant growth with the upcoming launch of its V4 upgrade. This anticipated update will introduce custom Automated Market Maker (AMM) functionality directly on top of Uniswap, eliminating the need for separate AMM designs. In addition, Uniswaps governance token, UNI, has seen notable growth, [...]

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