The price of Uniswap (UNI) has been rising for five consecutive days, reaching its highest level since April 1. Influencers and analysts predict further upside potential, with price targets ranging from $17.70 to $100. Uniswap is a prominent decentralized exchange that supports over 20 chains and has processed over $1.54 trillion in total. However, there is a risk as whales have been selling the coin. Technical analysis suggests a potential bounce to $17 in the near term, but a rise to $100 in 2024 seems unlikely. A drop below the $9 support level would invalidate the bullish outlook.



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