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Cryptocurrency News Articles

Uniswap Price Prediction: Can $UNI Break $12 Resistance or Face Another Drop?

Jan 30, 2025 at 09:35 pm

This boost in risk appetite, coupled with a positive mention of cryptocurrencies in banking, has driven $UNI’s price toward the key $12 resistance level.

Uniswap Price Prediction: Can $UNI Break $12 Resistance or Face Another Drop?

Cryptocurrency price predictions remain a hot topic in the digital asset space. As prices continue to fluctuate, traders and investors are keeping a close eye on key levels and technical indicators to anticipate future price movements.

One token that has garnered attention is Uniswap’s UNI, which has been pivoting around a crucial resistance zone. As we delve into the latest analysis, let’s uncover the potential trajectories for UNI.

According to our analysis, UNI’s price has been charting a downtrend since early December, when it peaked at $19 before forming a pennant pattern and breaking downward last week.

Now, the $12 level, a key resistance-turned-support zone dating back to May 2024, serves as a critical test for the bulls.

A breakout above this level could set the stage for a bullish reversal, while failure to do so may indicate the bears remain in control. If UNI is rejected at $12, a potential retest of $10 or lower remains a risk in the short term.

Meanwhile, traders are watching regulatory developments, particularly in the Trump administration, Congress, and the SEC, which could bring positive shifts in crypto policy.

BREAKING: Banks are perfectly able to serve crypto customers, says Fed Chair Jerome PowellSend it! �� pic.twitter.com/wBLgMXgvrb

If UNI gains momentum, a retest of the $19 highs could be on the horizon, offering a potential 60% upside. However, in the absence of immediate bullish catalysts, the broader crypto market’s consolidation could keep UNI’s price range-bound in the coming months.

UNI’s position as a leading decentralized exchange with a newly launched layer-2 blockchain continues to support long-term bullish expectations.

Its dominance in the DeFi sector means that even in a consolidating market, any notable improvement in crypto adoption or regulatory clarity could work in UNI’s favor.

Could the Best Wallet Token Presale Offer Better Returns in 2025?

While UNI remains a leading multi-chain DEX, newer projects could deliver even greater returns in 2025. One such promising venture is Best Wallet ($BEST), a crypto wallet presale that has already raised over $8.6 million.

The cryptocurrency market is expected to reach 900 million users by 2025, driving demand for advanced Web3 wallets.

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Unlike older wallets such as MetaMask and Trust Wallet, Best Wallet enables users to convert crypto into over 100 fiat currencies and transfer funds directly to bank accounts, removing extra steps.

As of late, Best Wallet has been experiencing exponential growth, with a 50% monthly increase in users, now totaling over 500,000. Approximately 250,000 of these are active users, drawn to the wallet’s user-friendly interface and powerful financial tools.

Analysts believe its rapid adoption and planned listings on tier-one exchanges will drive long-term demand for $BEST.

Best Wallet also introduces unique features like iGaming integrations, free spins, loot box access, and deposit bonuses, further enhancing its appeal.

Additionally, its “Upcoming Tokens” screener identifies high-potential new projects, having already accurately predicted tokens like Pepe Unchained ($PEPU) and CatSlap ($SLAP).

With its broad range of functionalities, Best Wallet is well-positioned to thrive in the Web3 space, making $BEST a compelling investment opportunity for 2025.

Visit Best Wallet Presale

This article is sponsored content. All information is provided by the sponsor and Brave New Coin (BNC) does not endorse or assume responsibility for the content presented, which is not part of BNC’s editorial. Investing in crypto assets involves significant risk, including the potential loss of principal, and readers are strongly encouraged to conduct their own due diligence before engaging with any company or product mentioned. Brave New Coin disclaims any liability for any damages or losses arising from reliance on the content provided in this article.

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Other articles published on Jan 31, 2025