Technical Analysis
Based on the technical indicators and recent price movements for UNI:
- Current Price: $9.702
- Trading Range: $9.444 (Low) - $9.943 (High)
- Regular Market Change: -1.262%
Fibonacci Levels
- Resistance Levels:
- R3: $11.211
- R2: $10.577
- R1: $10.186
- Support Levels:
- S1: $8.918
- S2: $8.527
- S3: $7.893
- Pivot: $9.552
Technical Indicators Analysis
- RSI Analysis:
- RSI(6): 45.54 - Neutral territory
- RSI(14): 40.45 - Approaching oversold conditions
- MACD Analysis:
- MACD: -0.67
- Signal: -0.84
- Histogram: 0.16 (Showing slight bullish momentum)
- Moving Averages:
- SMA(5): $9.80
- SMA(20): $9.89
- SMA(200): $9.75
Current price is below key moving averages, indicating bearish pressure
News Sentiment
Recent news indicates positive developments in the DeFi space, with UNI maintaining its position as a leading DEX protocol. The integration of Web3 capabilities and focus on user accessibility could provide support for price growth.
Price Prediction for Next Week
- Bullish Scenario (40% probability): Price could test R1 at $10.186 if it breaks above current resistance
- Bearish Scenario (35% probability): May test S1 at $8.918 if support breaks
- Consolidation Scenario (25% probability): Trading range between $9.40-$9.90
Target Price: $10.05
Based on technical analysis and market sentiment, UNI shows potential for a moderate upward movement next week. Recommended strategy: Buy at current levels ($9.702) with a stop loss at $9.40 and initial target at $10.05.
Technical Analysis
Based on the technical indicators and recent price movements for UNI:
- Current Price: $9.702
- Trading Range: $9.444 (Low) - $9.943 (High)
- Regular Market Change: -1.262%
Fibonacci Levels
- Resistance Levels:
- R3: $11.211
- R2: $10.577
- R1: $10.186
- Support Levels:
- S1: $8.918
- S2: $8.527
- S3: $7.893
- Pivot: $9.552
Technical Indicators Analysis
- RSI Analysis:
- RSI(6): 45.54 - Neutral territory
- RSI(14): 40.45 - Approaching oversold conditions
- MACD Analysis:
- MACD: -0.67
- Signal: -0.84
- Histogram: 0.16 (Showing slight bullish momentum)
- Moving Averages:
- SMA(5): $9.80
- SMA(20): $9.89
- SMA(200): $9.75
Current price is below key moving averages, indicating bearish pressure
News Sentiment
Recent news indicates positive developments in the DeFi space, with UNI maintaining its position as a leading DEX protocol. The integration of Web3 capabilities and focus on user accessibility could provide support for price growth.
Price Prediction for Next Week
- Bullish Scenario (40% probability): Price could test R1 at $10.186 if it breaks above current resistance
- Bearish Scenario (35% probability): May test S1 at $8.918 if support breaks
- Consolidation Scenario (25% probability): Trading range between $9.40-$9.90
Target Price: $10.05
Based on technical analysis and market sentiment, UNI shows potential for a moderate upward movement next week. Recommended strategy: Buy at current levels ($9.702) with a stop loss at $9.40 and initial target at $10.05.