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HassanAmeer

06/13 08:18

Uniswap Price Forecast  Uniswap (uni -12.33%)Un

Uniswap Price Forecast 


Uniswap (uni -12.33%)Uniswap is another top altcoin to watch, driven by its expanding market share in decentralized finance. The protocol processed over $92.8 billion in volume over the past 30 days, generating $95 million in fees in May, up from $60 million the previous month.

Uniswap’s Unichain network has emerged as one of the fastest-growing chains in the crypto ecosystem. Its DEX volume reached over $9.5 billion in the past 30 days, while its total value locked (TVL) in DeFi is nearing $1 billion. Unichain’s stablecoin market cap has also surged to $320 million.

Technically, the UNI token has broken above the key resistance level at $7.5410, the high from May 11 and May 28, and the 23.6% Fibonacci retracement level. A sustained move above this zone could open the door to the 50% retracement level at $11.971749800102691.png

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