The Uniswap price forecast $UNI indicates potential growth as the asset maintains support at $12.60 and tests resistance around $17.12. An increase in active addresses by 23.94% suggests growth in the user base within the Uniswap DeFi ecosystem. Market sentiment is positive, with open interest rising by 5.67% to $264.24 million.
If the Uniswap price forecast proves correct, a breakthrough above $17.12 could trigger a rise to $20 or higher. Technical indicators such as the Average Directional Index (ADX) and MACD show strength despite a slight bearish divergence. A decrease in selling and broader adoption increase confidence, making UNI a DeFi token to watch in the fourth quarter and beyond into 2025.$SOL $BTC