Uniswap (UNI) is currently trading at $4.90, showing a 24-hour change of 1.24%. The daily price range has been relatively narrow, with a high of $4.95 and a low of $4.80, indicating a stable market environment for the asset in the short term.

The trading volume over the last 24 hours is approximately 133.18 million, contributing to a volume-to-market cap ratio of 4.28%. This suggests a healthy level of trading activity but is not indicative of extreme volatility or speculative trading behavior.

Technical indicators reveal mixed signals. The hourly moving averages show short-term strength with the 8 SMA and 13 SMA both in positive territory; however, the 144 SMA is indicating a slight downtrend at -1.25%. The 1-hour RSI at 52 suggests neutral momentum, while the 7-day RSI at 44 indicates that UNI may be approaching oversold conditions, potentially signaling a rebound.

From a broader perspective, UNI has experienced significant price declines over the past 30 days, with losses of approximately 15.29%. This decline reflects broader market trends affecting many cryptocurrencies, and the asset is currently trading well below its all-time high of $44.92.

In summary, while short-term indicators suggest a slight upward trend, the longer-term price changes indicate a bearish sentiment. Therefore, the recommendation for Uniswap (UNI) is a Hold rating as the asset may stabilize before any significant upward movement, allowing investors to reassess in the coming weeks.