UNI Price Prediction: Oversold Conditions Target $5.85-$6.29 Recovery by March 2026
James Ding Feb 04, 2026 06:49
Uniswap (UNI) trades at $3.93 with RSI at 28.36 showing extreme oversold conditions. Technical analysis suggests potential 49-60% upside to $5.85-$6.29 resistance zone within 4-6 weeks if current s...
Uniswap (UNI) has experienced significant downward pressure, but technical indicators are flashing oversold signals that could trigger a substantial recovery. Trading at $3.93 as of February 4, 2026, UNI presents a compelling risk-reward setup for traders monitoring decentralized exchange tokens.
UNI Price Prediction Summary
• Short-term target (1 week): $4.21-$4.61 • Medium-term forecast (1 month): $5.85-$6.29 range
• Bullish breakout level: $4.61 (SMA 20) • Critical support: $3.56
What Crypto Analysts Are Saying About Uniswap
Recent analyst coverage from late January provides insight into UNI's potential trajectory. James Ding noted on January 29 that "Uniswap (UNI) trades at $4.69 with RSI at 35.63 showing oversold conditions. Technical analysis points to $6.29 target if support holds through February," setting a target of $6.29.
Jessie A Ellis reinforced this bullish outlook on January 30, stating that "Technical indicators show Uniswap deeply oversold with RSI at 27.95. Analysts project 30-50% upside to $5.85-$6.29 resistance zone within 2-4 weeks if current support holds," targeting the same $5.85-$6.29 range.
Peter Zhang's analysis from January 26 aligned with these projections, observing that "Uniswap shows bullish potential with RSI at 36.08 signaling oversold conditions. Analysts target $5.85-$6.29 resistance levels within 2-4 weeks."
UNI Technical Analysis Breakdown
The current technical picture for Uniswap reveals several compelling signals that support the bullish Uniswap forecast. The RSI reading of 28.36 indicates extreme oversold conditions, historically a precursor to price rebounds in cryptocurrency markets.
Moving Average Analysis: UNI trades significantly below all major moving averages, with the current price at $3.93 sitting well below the SMA 7 ($4.03), SMA 20 ($4.61), and SMA 50 ($5.29). This positioning suggests substantial upside potential once momentum shifts positive.
MACD Indicators: The MACD histogram at 0.0000 shows bearish momentum has stalled, potentially signaling an inflection point. While still in bearish territory with MACD at -0.4178, the convergence toward neutral suggests weakening selling pressure.
Bollinger Bands: UNI's position at 0.1426 on the Bollinger Band scale places it near the lower band support at $3.66, indicating oversold conditions with potential for mean reversion toward the middle band at $4.61.
Key Trading Levels: Immediate resistance sits at $4.07, followed by strong resistance at $4.21. Support levels are established at $3.74 (immediate) and $3.56 (strong support).
Uniswap Price Targets: Bull vs Bear Case
Bullish Scenario
In the bullish case for this UNI price prediction, a break above the immediate resistance at $4.07 could trigger momentum toward the SMA 20 at $4.61. This level represents a 17% upside from current prices and aligns with the short-term target.
A sustained move above $4.61 would likely accelerate toward the analyst consensus targets of $5.85-$6.29, representing 49-60% upside potential. The $6.29 level particularly stands out as it coincides with longer-term technical resistance and analyst projections.
Technical confirmation for the bullish scenario would include RSI recovery above 40, MACD histogram turning positive, and daily volume exceeding the current $22.1 million average.
Bearish Scenario
The bearish case hinges on a breakdown below the strong support at $3.56. Such a move could trigger further selling toward the $3.00 psychological level, representing additional 24% downside risk.
Key risk factors include continued weakness in the broader DeFi sector, regulatory concerns affecting decentralized exchanges, or a general cryptocurrency market downturn that could override technical oversold conditions.
Should You Buy UNI? Entry Strategy
For traders considering UNI positions, the current oversold conditions present interesting entry opportunities. Conservative entries could target the $3.70-$3.85 range, providing a favorable risk-reward ratio toward the $5.85-$6.29 targets.
More aggressive traders might consider dollar-cost averaging on any dips toward the $3.56 support level. Stop-loss levels should be maintained below $3.40 to limit downside exposure.
Risk management remains crucial given UNI's 60% decline from recent highs. Position sizing should reflect the inherent volatility of DeFi tokens, with the daily ATR of $0.28 indicating significant intraday price swings.
Conclusion
This UNI price prediction suggests a favorable setup for potential recovery, with technical indicators supporting the $5.85-$6.29 targets outlined by recent analyst coverage. The extreme oversold RSI reading of 28.36, combined with UNI's position near Bollinger Band support, creates compelling conditions for a mean reversion trade.
However, traders should remain cautious and implement proper risk management, as cryptocurrency predictions carry inherent uncertainty. The 49-60% upside potential to analyst targets must be weighed against the possibility of further downside if support levels fail to hold.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry substantial risk, and past performance does not guarantee future results.
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