Uniswap Price Forecast – Why UNI Could Soon Hit $4

Highlights:

• UNI surges 14.8% to $2.97 as volume rises 264% to $315.9M, a sign of aggressive buying.
• Short covering fuels an upside move as sentiment flips bullish, while traders unwind bearish positions amid Bitcoin-led recovery.
• RWA narrative macro tailwinds strengthen UNI’s outlook with $3.60 a likely target short term. 

Uniswap (UNI) is one of the top intraday gainers as the market continues to build upside momentum. When writing, Uniswap was trading at $2.97, up 14.81% in the day. Uniswap trading volumes are also up parabolically during the day, surging 264% to $315.9 million. The surge in trading volume alongside the price indicates that bulls are taking control and that FOMO is building. Looking ahead, Uniswap could keep pushing higher in the short- to medium-term. 

Short Sellers Covering Positions Driving Uniswap Price Higher

A key factor likely to drive Uniswap’s momentum is its massive oversoldness. In recent months, Uniswap has faced heavy selloffs that have emboldened short sellers to take even larger positions. This was mainly due to the overall bearish sentiment across the market, as Bitcoin showed signs of a drop to $50k. However, sentiment has since reversed, and Bitcoin is now pushing the market higher.

LATEST: 📈 Brian Armstrong says his instinct is that Bitcoin probably bottomed at $60,000. pic.twitter.com/88vJnm1wW5

— CoinMarketCap (@CoinMarketCap) June 16, 2026

Given that Uniswap tends to trade in line with Bitcoin, short sellers are likely covering their shorts to avoid losses in the event of a sharp bullish reversal. As they start covering shorts, demand for Uniswap rises. If Bitcoin keeps pushing the market higher, long positions in Uniswap could increase as well. The result is that Uniswap could keep pushing higher in the short- to medium-term. 

RWA Narrative Could Send Uniswap Higher Long Term

Uniswap is also being pushed higher by its alignment with the fast-growing RWA narrative. As stocks and other real-world assets get tokenized, platforms like Uniswap are becoming key players in swapping them with stablecoins and other cryptocurrencies. 

Since Uniswap runs a fee-based model, the surge in RWA trading will also drive fees higher. This is likely to drive demand for Uniswap going forward. At the same time, the rising demand means more UNI is burned, as Uniswap uses a token-burning model. The result is that Uniswap could become scarce over time, then, based on economic laws of demand and supply, rally back to all-time highs and even make new ones.

NEW: Standard Chartered initiates coverage of Uniswap.

The bank forecasts UNI will rise from roughly $2.50 today to $100 by 2030 — a 40x increase.

The thesis: tokenized assets active in DeFi grow 37x this decade, and Uniswap becomes a core piece of trading infrastructure for… pic.twitter.com/LWEc3XBXxA

— Frank Chaparro (@fintechfrank) June 15, 2026

Improving Macro Environment Adds to UNI’s Upside Potential

The macro environment is also likely to keep pushing Uniswap higher going into the future. The Iran war, which has recently cast a cloud of uncertainty over markets, has ended. The two sides are set to sign the deal on Friday, June 19. With this deal, capital is expected to start flowing heavily into risk-on assets. Since stock indices have been rallying throughout the war, cryptocurrencies offer greater potential for gains as markets begin to rally. 

With the war over, oil prices are also expected to fall sharply. Inflation numbers could start coming down. Such a possibility increases the likelihood that the Fed will cut rates this year. Since cryptocurrencies thrive in low-rate environments, such a scenario could send UNI rocketing in the short- to medium-term. That’s because, as Bitcoin starts to rally, cryptocurrency majors like Uniswap take up most of the momentum first. 

Technical Analysis – Uniswap Price Rallies After Bullish Reversal

Uniswap bulls took control on June 11, reversing weeks of heavy selling. If the current momentum continues, Uniswap could target $3.60 in the short term. A rally through $3.60 could see UNI rally to $4.1 in the foreseeable future.

However, if the bears regain control and push UNI below $2.38, a price correction to under $1 could follow. The more likely scenario is a push to $3.60. That’s due to the rising bullish momentum across the market as the macro environment gets more favorable to risk.