Uniswap (UNI) is currently priced at $4.77, showing a slight 24-hour increase of 0.93%. The daily trading range has been relatively narrow, with a high of $4.81 and a low of $4.64, indicating limited volatility in the short term.

Volume has reached 170,654,973, contributing to a volume-to-market cap ratio of 5.64%. The hourly moving averages reflect a bullish short-term trend with the 8 SMA at $4.74 (up 0.72%), 13 SMA at $4.70 (up 1.42%), and 21 SMA at $4.70 (up 1.46%), although the 144 SMA shows a slight downtrend at $4.80 (down 0.55%).

The 1-hour RSI is at 62, suggesting that UNI may be approaching overbought territory in the short term, while the 7-day RSI at 47 indicates a neutral position, which could lead to potential upward momentum if buying pressure increases. However, the 7-day, 14-day, and 30-day price changes are all negative, showing declines of 3.03%, 17.02%, and 24.02%, respectively, reflecting bearish sentiment in the mid to long term.

Despite the recent uptick, the substantial price declines over the last month indicate underlying weakness. Given the technical indicators showing mixed signals and the negative longer-term momentum, a cautious approach is warranted.

Rating: Hold. The current price may be poised for short-term gains, but the overall trend remains negative over longer timeframes, warranting a wait-and-see strategy before making further investments.