Lawrence Jengar
Jan 20, 2026 05:49
Uniswap (UNI) faces bearish momentum at $4.97 but analysts eye $5.85 short-term target. RSI oversold conditions suggest potential bounce from $4.86 support level.
Uniswap (UNI) is navigating choppy waters as it trades at $4.97, down 0.18% in the last 24 hours. Despite current bearish momentum, recent analyst predictions suggest the decentralized exchange token could see upside potential in the coming weeks.
UNI Price Prediction Summary
• Short-term target (1 week): $5.85
• Medium-term forecast (1 month): $5.40-$6.29 range
• Bullish breakout level: $6.29 (upper Bollinger Band)
• Critical support: $4.86
What Crypto Analysts Are Saying About Uniswap
While specific analyst predictions from major KOLs are limited in the current market cycle, recent forecasts from blockchain analysts paint a cautiously optimistic picture for UNI’s near-term prospects.
Rebeca Moen provided a comprehensive Uniswap forecast on January 13, 2026, stating: “UNI Price Prediction Summary: Short-term target (1 week): $5.85; Medium-term forecast (1 month): $5.40-$6.29 range; Bullish breakout level: $6.29 (upper Bollinger Band); Critical support: $5.40.”
Technical analyst Peter Zhang noted on January 9, 2026: “UNI price prediction shows bearish momentum at $5.40 with RSI at 41.60. Technical analysis suggests potential bounce to $6.29 upper Bollinger Band if $5.30 support holds through January.”
CoinCodex provided additional insight, projecting: “Over the next five days, Uniswap will reach the highest price of $5.85 on Jan 13, 2026, which would represent 7.20% growth compared to the current price.”
UNI Technical Analysis Breakdown
The current technical picture for Uniswap presents a mixed but increasingly oversold scenario. At $4.97, UNI is trading significantly below all major moving averages, with the 7-day SMA at $5.26, 20-day SMA at $5.57, and 50-day SMA at $5.63.
The RSI reading of 35.49 indicates oversold conditions, suggesting potential for a technical bounce. However, the MACD histogram at 0.0000 shows bearish momentum remains intact, with the MACD line at -0.1885 below its signal line.
UNI’s position within the Bollinger Bands is particularly telling. With a %B position of 0.0553, the token is trading very close to the lower Bollinger Band at $4.89, while the upper band sits at $6.24. This compressed position near the lower band often precedes volatility expansions.
Key support and resistance levels are tightly clustered around the current price. Immediate resistance lies at $5.05, followed by stronger resistance at $5.13. On the downside, immediate support is at $4.91, with critical support at $4.86.
Uniswap Price Targets: Bull vs Bear Case
Bullish Scenario
In the bullish case for UNI price prediction, a break above immediate resistance at $5.05 could trigger momentum toward the $5.85 target cited by multiple analysts. The path would likely involve:
- Initial move to $5.13 resistance level
- Break of the 7-day moving average at $5.26
- Extension toward the middle Bollinger Band at $5.57
- Ultimate target of $5.85, representing an 18% upside from current levels
For this Uniswap forecast to materialize, UNI would need to see increased buying volume above the current 24-hour volume of $18.9 million and RSI recovery above 50.
Bearish Scenario
The bearish scenario acknowledges the current technical weakness. Key risk factors include:
- Break below immediate support at $4.91 could accelerate selling
- Loss of critical support at $4.86 would target the lower Bollinger Band at $4.89
- Extended weakness could see UNI test levels toward $4.50-$4.60
The bearish momentum indicated by the MACD and below-average positioning relative to moving averages supports this downside risk assessment.
Should You Buy UNI? Entry Strategy
For traders considering UNI positions, the current technical setup suggests a strategic approach:
Conservative Entry: Wait for a bounce from the $4.86-$4.91 support zone with confirmation from increasing volume and RSI divergence.
Aggressive Entry: Current levels around $4.97 offer reasonable risk-reward for those betting on analyst targets, with stop-loss below $4.80.
Risk Management: Given the average true range of $0.30, position sizing should account for potential 6-8% daily volatility swings.
The proximity to oversold RSI conditions and lower Bollinger Band support suggests limited downside risk from current levels, making this an interesting entry point for patient traders targeting the $5.85 Uniswap forecast.
Conclusion
UNI price prediction models point toward potential upside to $5.85 within the coming weeks, despite current bearish momentum. The convergence of oversold RSI readings, lower Bollinger Band proximity, and analyst targets creates a compelling technical setup.
However, traders should remain cautious of the broader bearish momentum evidenced by below-average moving average positioning and negative MACD readings. The $4.86 support level will be critical to watch, as a break below could invalidate the bullish Uniswap forecast and trigger deeper selling.
Disclaimer: Cryptocurrency price predictions are speculative and involve significant risk. Past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before making investment decisions.
Image source: Shutterstock
Source: https://blockchain.news/news/20260120-price-prediction-uni-targets-585-by-month-end-despite
