Uniswap (UNI) is currently priced at $5.77, reflecting a notable 7.95% increase over the past 24 hours. The daily trading range has been relatively tight, with a high of $5.76 and a low of $5.34, indicating a stable market environment despite the recent upward momentum.

The trading volume stands at approximately 303.49 million, translating to a volume/market cap ratio of 8.29%, suggesting healthy liquidity. The hourly moving averages show positive trends, with the 8 SMA at $5.50 and a gain of 4.83%, signaling short-term bullish momentum across various timeframes.

However, the 1-hour RSI is elevated at 84, indicating that UNI may be overbought in the short term. In contrast, the 7-day RSI at 51 suggests a more balanced market condition, while the price changes over the last 7 and 14 days are negative, highlighting some weakness in the medium-term outlook.

Despite the recent 30-day price increase of 8.31%, the recent trend indicates potential short-term exhaustion. The all-time high for UNI remains significantly above the current price at $44.92, showing substantial room for growth if market conditions improve.

Considering the current overbought conditions indicated by the 1-hour RSI, coupled with mixed signals from the longer-term metrics, a cautious approach is warranted. Therefore, the rating for Uniswap (UNI) is Hold, as investors should monitor for potential corrections before considering new positions.