UNI Price Prediction: Targets $6.29 by February as Oversold Conditions Signal Potential 30% Rally

UNI Price Prediction Summary

• Short-term target (1 week): $5.85 • Medium-term forecast (1 month): $6.00-$6.29 range
• Bullish breakout level: $4.97 • Critical support: $4.50

What Crypto Analysts Are Saying About Uniswap

Recent analyst sentiment remains cautiously optimistic despite UNI's current downtrend. Peter Zhang noted on January 26, 2026: "Uniswap (UNI) shows bullish potential with RSI at 36.08 signaling oversold conditions," setting a target range of $5.85–$6.29.

James Ding provided similar analysis on January 25, stating: "Uniswap (UNI) trades at $4.83 with RSI at 35.56 showing oversold conditions. Technical analysis points to potential 30% rally targeting $6.29 resistance level."

Terrill Dicki offered a more cautious Uniswap forecast on January 24: "Uniswap (UNI) trades at $4.88 with bearish momentum but oversold conditions signal potential 29% rally to $6.29 resistance if $4.66 support holds through February."

The consensus among these analysts points to a UNI price prediction targeting the $6.29 resistance level, representing approximately 34% upside from current levels.

UNI Technical Analysis Breakdown

UNI's current technical picture presents a mixed but increasingly constructive outlook. Trading at $4.69, Uniswap sits well below all major moving averages, with the 200-day SMA at $7.55 highlighting the significant distance from longer-term bullish territory.

The RSI reading of 35.63 places UNI in oversold territory, historically a favorable condition for potential reversals. This aligns with the Bollinger Band position of 0.1992, indicating UNI is trading near the lower band at $4.42, suggesting the token may be approaching oversold extremes.

However, the MACD histogram remains flat at 0.0000, indicating neutral momentum despite the recent -3.34% decline. The Stochastic indicators (%K: 20.86, %D: 16.68) reinforce the oversold narrative, with both readings well below the 30 threshold.

Key resistance levels emerge at $4.83 (immediate) and $4.97 (strong), while support consolidates around $4.59 (immediate) and $4.50 (strong). The daily ATR of $0.25 suggests moderate volatility expectations.

Uniswap Price Targets: Bull vs Bear Case

Bullish Scenario

A bullish UNI price prediction scenario requires breaking above the immediate resistance at $4.83, followed by the critical $4.97 level. Success here could trigger momentum toward the analyst consensus target of $6.29, representing a 34% gain.

Technical confirmation would come from RSI moving above 40, MACD histogram turning positive, and sustained volume above the recent 24-hour average of $9.8 million. The Uniswap forecast becomes particularly compelling if the token can reclaim the 20-day SMA at $5.09.

Bearish Scenario

Failure to hold the $4.59 immediate support opens the door to testing strong support at $4.50. A break below this level could extend losses toward the Bollinger Band lower boundary near $4.42.

Risk factors include continued selling pressure, broader market weakness, and failure of the RSI to establish a higher low above current oversold levels.

Should You Buy UNI? Entry Strategy

For those considering UNI exposure, the current oversold conditions present a potentially attractive entry opportunity. Conservative buyers might wait for confirmation above $4.83 resistance, while more aggressive traders could accumulate near current levels with tight stop-losses.

Suggested entry strategy: - Primary entry: $4.65-$4.75 range - Stop-loss: Below $4.45 (close below strong support) - Initial target: $5.85-$6.00 - Extended target: $6.29

Risk management remains crucial given UNI's position below all major moving averages and the broader crypto market's volatility.

Conclusion

The UNI price prediction for February appears constructive, with multiple analysts targeting the $6.29 resistance level based on current oversold conditions. While short-term volatility remains likely, the technical setup suggests potential for a significant relief rally if support levels hold.

However, this Uniswap forecast carries significant uncertainty, and traders should maintain appropriate position sizing and risk management. The 30% upside potential comes with commensurate downside risks if support levels fail.

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.