This Analyst Predicts Uniswap (UNI) Will Outperform All Altcoins and Bitcoin in 2025 — Here’s Why | by Farhad Ali | The Capital | Dec, 2024

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Market Cap Chart Shows Breakout After Prolonged ConsolidationAnalyst Highlights Catalysts for UNI’s GrowthWe recommend eToro

Looking at UNI’s price and market trends, crypto analyst Algreed thinks it could perform better than Bitcoin and other cryptocurrencies in 2025. He shared his thoughts on X, pointing to an analysis of UNI/BTC charts and market cap data. The upcoming developments with Uniswap and Unichain could also help drive this growth.

The UNI market cap chart reflects three years of sideways trading within a defined range, which indicates prolonged accumulation. Recently, the chart recorded a breakout above the $8 billion market cap level, marking a potential shift into a bullish phase.

Key resistance levels are identified at $15.59 billion and $25.19 billion, with the former aligning with previous highs and the latter representing an all-time high from 2021. On the support side, the $8.12 billion zone serves as the immediate base, complemented by strong support near $8 billion, where the breakout occurred.

This breakout suggests that UNI’s price might enter a new growth cycle, with opportunities for accumulation during pullbacks…