UNI Price Prediction: Targets $6.29 by End of January as Support Tests Continue - Blockchain.News

UNI Price Prediction: Targets $6.29 by End of January as Support Tests Continue

Ted Hisokawa Jan 10, 2026 16:10

UNI price prediction shows potential recovery to $6.29 if current support at $5.30 holds. Technical analysis reveals neutral RSI at 43.79 with critical levels ahead.

UNI Price Prediction: Targets $6.29 by End of January as Support Tests Continue

Uniswap (UNI) is currently trading at $5.51, down 0.38% in the past 24 hours, as the token consolidates near key technical levels. With trading volume reaching $17.89 million on Binance, UNI shows signs of potential recovery despite recent bearish momentum.

UNI Price Prediction Summary

• Short-term target (1 week): $5.85 • Medium-term forecast (1 month): $5.76-$6.29 range
• Bullish breakout level: $6.27 • Critical support: $5.32

What Crypto Analysts Are Saying About Uniswap

Recent analyst commentary suggests cautious optimism for UNI's near-term prospects. Peter Zhang noted on January 9 that "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," setting a target of $6.29.

CoinCodex provided a shorter-term Uniswap forecast on January 8, projecting that "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." Meanwhile, CEX.IO suggested more immediate upside potential, stating that "the value of UNI is projected to increase by 5% today, potentially reaching $5.76 by tomorrow."

UNI Technical Analysis Breakdown

The current technical picture for UNI reveals a token at a critical juncture. With an RSI of 43.79, Uniswap sits in neutral territory, neither overbought nor oversold, suggesting room for movement in either direction.

The MACD histogram reading of -0.0000 indicates bearish momentum has essentially flatlined, while the main MACD line at -0.0492 remains in negative territory. This configuration suggests that while bearish pressure persists, it may be weakening.

Bollinger Bands analysis shows UNI trading near the lower band at $5.44, with the current position indicator at 0.0897. This proximity to the lower band often signals oversold conditions and potential bounce opportunities. The middle band (SMA 20) sits at $5.85, while the upper band resistance lies at $6.27.

Key support and resistance levels paint a clear picture for traders. Immediate support rests at $5.41, backed by stronger support at $5.32. On the upside, immediate resistance appears at $5.62, followed by stronger resistance at $5.73.

Uniswap Price Targets: Bull vs Bear Case

Bullish Scenario

If UNI can reclaim the $5.62 immediate resistance level with strong volume, the path opens toward the Bollinger Band middle at $5.85. A successful break above this level could propel UNI toward the upper Bollinger Band at $6.27, aligning with Peter Zhang's $6.29 target.

Technical confirmation for this bullish scenario would require RSI moving above 50, MACD histogram turning positive, and sustained trading volume above the recent average of $17.89 million.

Bearish Scenario

Failure to hold the immediate support at $5.41 could trigger a test of the stronger support zone at $5.32. A breakdown below this critical level might expose UNI to further downside, potentially targeting the psychological $5.00 level.

The primary risk factors include continued weakness in the broader cryptocurrency market, declining DeFi activity, and failure to generate sufficient trading volume to support a recovery.

Should You Buy UNI? Entry Strategy

Based on current technical levels, potential entry points for UNI include the current price range of $5.51 for aggressive buyers, or a more conservative approach waiting for a test of the $5.41 support level.

Stop-loss levels should be set below the critical $5.32 support, around $5.25, to limit downside risk. For those seeking confirmation of trend reversal, waiting for a break above $5.62 with volume could provide a better risk-reward setup.

Position sizing should account for UNI's daily ATR of $0.39, indicating moderate volatility that could provide both opportunities and risks for traders.

Conclusion

The UNI price prediction for the coming weeks suggests a recovery scenario is possible, with targets ranging from $5.76 to $6.29 if key support levels hold. The current neutral RSI and weakening bearish momentum provide some optimism for Uniswap bulls.

However, traders should remain cautious given the proximity to critical support levels and the need for volume confirmation on any breakout attempts. The Uniswap forecast remains contingent on broader market conditions and the token's ability to maintain support above $5.32.

Disclaimer: Cryptocurrency price predictions are speculative and based on technical analysis. Markets are highly volatile and unpredictable. Always conduct your own research and never invest more than you can afford to lose.

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