Uniswap

Jupiter

Millions

Show

Spot

<p>According to popular analyst Jacob Canfield (@JacobCanfield), the recent Uniswap (UNI) price surge to over $10 may not be over yet. The price has finally surged over 70% in the last 24 hours. In a recent tweet, Canfield stood by his previous $29 price target for UNI:</p>
<p>Crypto analyst<a href="https://twitter.com/jacobcanfield/status/1761038573195686133?s=46" target="_blank" rel="noopener noreferrer nofollow"> Jacob Canfield</a> had previously made a bullish price prediction for Uniswap’s UNI token, stating he believed it could reach $29. This target was met with skepticism and criticism from some in the crypto community. However, Canfield stood by his analysis.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="501" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-892-1024x501.png" alt="" class="wp-image-443043" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-892-1024x501.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-892-300x147.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-892-767x375.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-892-1536x751.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-892-2048x1001.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-892-307x150.png 307w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-892-100x49.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-892-716x350.png 716w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-892-788x385.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-892.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>As Uniswap’s price broke out above $10, Canfield pointed out that this breakout validated his earlier prediction. He noted UNI had broken through key weekly resistance levels, showing the uptrend still has momentum. Canfield further explained his $29 target is based on the Fibonacci retracement levels from the previous high to recent low.</p>
<p>With UNI surging on the anticipation of the upcoming Uniswap v4 announcement, Canfield believes this rally could very well extend to hit his original $29 target before topping out. Rather than alter his target in the face of criticism, he is holding firm in his conviction on where this UNI price surge can go.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the IDO phase. <strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow">Get in on NuggetRush</a></strong> now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the<strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"> current ICO prices</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><strong>Large Holder Realizes $1.49 Million in Profits</strong></p>
<p>According to on-chain analytics provider <a href="https://twitter.com/spotonchain/status/1761176039416619386?s=46" target="_blank" rel="noopener noreferrer nofollow">Spot On Chain (@spotonchain)</a>, a large UNI holder recently realized substantial profits as the price spiked 60%.</p>
<p>Spot On Chain tweeted that 3 wallets, likely controlled by the same person, deposited 220,574 UNI ($2.69 million) to Binance after the price surge. These wallets had previously been withdrawing UNI from Binance at lower prices and buying back in at higher prices.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="626" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-893-1024x626.png" alt="" class="wp-image-443051" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-893-1024x626.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-893-300x183.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-893-767x469.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-893-1536x939.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-893-2048x1252.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-893-245x150.png 245w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-893-100x61.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-893-573x350.png 573w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-893-788x481.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-893.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>The analytics provider estimates this trader has realized $1.49 million in profits so far from UNI, for an impressive 91% return. This shows some large players are profiting from UNI’s volatility.</p>
<p><strong>Concluding Thoughts</strong></p>
<p>The recent UNI price surge has confirmed some analysts’ bullish outlooks, while also allowing some large holders to take substantial profits. Additional announcements and developments for the Uniswap protocol may continue to push the UNI price higher in the short term. However, the long-term price outlook remains uncertain. Traders should continue monitoring both on-chain data and analyst perspectives around UNI in the coming days and weeks.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/why-is-xai-token-surging-analyst-says-consolidation-breakout-retested-heres-his-outlook/" target="_blank" rel="noopener noreferrer nofollow">Why is XAI Token Surging? Analyst Says ‘Consolidation Breakout Retested’ – Here’s His Outlook</a></li>
 <li><a href="https://captainaltcoin.com/starkent-strk-and-filecoin-fil-prices-pumping-heres-why/" target="_blank" rel="noopener noreferrer nofollow">Starkent (STRK) and Filecoin (FIL) Prices Pumping – Here’s Why</a></li>
 <li><a href="https://captainaltcoin.com/meet-the-viral-cryptos-bitcoin-minetrix-and-blockdag-bdag-raise-millions-in-their-ongoing-presales-while-jupiter-surges/" target="_blank" rel="noopener noreferrer nofollow">Meet The Viral Cryptos – Bitcoin Minetrix and BlockDAG (BDAG) Raise Millions In Their Ongoing Presales While Jupiter Surges</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/uniswap-analyst-predicts-further-uni-surge-after-calling-the-ongoing-70-spike-reveals-his-price-target/" rel="noopener noreferrer nofollow">Uniswap Analyst Predicts Further UNI Surge After Calling the Ongoing 70% Spike: Reveals His Price Target</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Uniswap Analyst Predicts Further UNI Surge After Calling the Ongoing 70% Spike: Reveals His Price Target

목차

CaptainAltcoin

2024년 2월 24일에 게재된 다른 기사

Tron (TRX) Holders Enjoy Continuous Increase Over Last 12 Months as More Cardano (ADA) Holders Sn...

Why Investors Are Picking This New Presale Token Kelexo (KLXO) Over the Likes of Solana (SOL) and...

Pro-Ripple Lawyer Tags Poor XRP Price Performance As Unnatural, Rally Imminent?

Breaking News: Uniswap Price Soars with Proposed Staking Rewards. What’s Next?

Bitcoin Leads Crypto Revival: ETH and TRX Edge Closer to Record Valuations

3,248 ETH Stolen In Axie Infinity Co-Founder Hack – Here Are The Details

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!