UNI Set for Strong Growth With $19-$20 Target Before Surge to $30
The post UNI Set for Strong Growth With $19-$20 Target Before Surge to $30 appeared on BitcoinEthereumNews.com.
Uniswap is positioned for a meaningful upward move after a period of consolidation near $11.67. Recent chart insights shared on X by an analyst indicate a sustained long-term upward trend, suggesting an intermediate price target between $19 and $20. This suggests a probable rally in the coming months, influenced by favorable developments within the decentralized finance ecosystem and broader market momentum. Key Resistance and Correction Phase In his analysis, Crypto Dream identifies the $19-$20 range as a major resistance zone. Reaching this level would mark a crucial milestone, after which a correction to lower price bands near the current levels is likely expected. This correction phase could create favorable entry points, allowing traders to build positions ahead of the next significant rally toward $30. The analysis highlights that price appreciation is unlikely to be linear; instead, intermittent pullbacks will likely be part of the asset’s growth trajectory. Source: X The $19-$20 resistance zone represents a pivotal battleground where Uniswap’s upward movement could face increased selling pressure. Overcoming this ceiling decisively is critical to unlocking the possibility of sustained gains toward the $30 mark. The correction phase serves as a natural pause that provides opportunities for risk management and strategic positioning, as the path to higher levels is expected to be measured and contain volatility. Market Consolidation and Volume Activity BraveNewCoin data covering August 13 to 14, 2025, presents detailed 24-hour price and volume information that confirms UNI’s current consolidation phase. The token traded within a constrained range from $11.50 to $12.00 during this period. Trading opened near $11.50 and briefly touched $12.00, but failed to maintain momentum beyond this resistance. Source: BraveNewCoin Trading volume stood steady at nearly $977 million, reflecting a balanced market environment with neither buyers nor sellers dominating. This stable activity suggests traders are awaiting key news…
Filed under: News - @ August 15, 2025 8:28 am