Lastly, DigitalCoinPrice shared bullish expectations for UNI, predicting its price could average $12.88 in 2023, climbing further to $21.43 in 2025 and $27.60 in 2027. In 2030, it expected the coin's price could be $72.98.
I believe that UNI is a token worth investing in for the long term, because UniSwap is heart of Defi on Ethereum. The Ethereum ecosystem is growing strongly, and so are the other ecosystems that UniSwap supports: Polygon, Optimism, Arbitrum, Base, BNB Chain, Celo, Avalanche
[1]. UniSwap leads the development of DEX , we can see that later DEXs are just copies and modifications of UniSwap. I believe in the creativity and vision of UniSwap Devs: they will have new products, supporting new blockchains in the next cycle.
From technical analysis perspective: UNI price has created a triple bottom pattern and may be in the accumulation zone with a correction to Fibo 0.382 - a weak retracement indicating strong price momentum. If I were an investor in UNI, I would continue DCA UNI in the long term, at least until the 12th month after the BTC halving. My expectation for UNI in the next cycle is ~$200.
This is not investment advice.
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Networks on Uniswap