Key Data Points for Uniswap (UNI)
Uniswap's native token, UNI, is a prominent asset in the decentralized finance (DeFi) space, often traded against Tether (USDT) as the UNI/USDT pair. This pairing allows traders to speculate on UNI's value relative to a stablecoin, providing insights into market sentiment without direct exposure to Bitcoin or Ethereum volatility.
At the time of writing, the live UNI/USDT price is approximately $7.391, reflecting a decrease of -0.92% over the past 24 hours. For context, examining top gainers and losers in the crypto market can help identify broader trends.
Performance Overview: Timeframe Analysis
Understanding UNI’s performance across different periods is crucial for informed trading decisions:
- Weekly Performance: UNI/USDT has increased by 8.70% over the past week.
- Monthly Performance: The token has seen an 11.55% rise over the last month.
- Yearly Performance: Over the past year, UNI/USDT has decreased by -13.28%.
These metrics highlight UNI’s medium-term resilience despite longer-term challenges. For detailed historical movements, reviewing interactive charts is recommended.
Technical Indicators and Market Sentiment
Technical analysis tools help traders gauge market momentum and potential reversals. Key indicators for UNI/USDT include:
Oscillators
Oscillators currently suggest a neutral market sentiment, balancing between buying and selling pressure. This indicates a period of consolidation or indecision among traders.
Moving Averages
Moving averages also reflect a neutral stance, with no strong bullish or bearish crossover signals in the short term. This aligns with the oscillator readings, suggesting a wait-and-see approach may be prudent.
Volatility Assessment
UNI/USDT has an estimated volatility of 5.12% today, which is moderate for cryptocurrency assets. Traders should prepare for potential price swings and use risk management strategies like stop-loss orders.
👉 Explore advanced technical analysis tools
Historical Price Context
- All-Time High (ATH): UNI reached its peak price of $45.00 USDT on May 3, 2021.
- All-Time Low (ATL): The token hit its lowest point at $0.300 USDT on September 17, 2020.
These milestones underscore UNI’s potential for high returns but also highlight its susceptibility to market cycles. Analyzing past trends can help identify patterns, though past performance doesn’t guarantee future results.
How and Where to Trade UNI
Purchasing UNI safely requires using reputable cryptocurrency exchanges. Platforms like Binance, Coinbase, and Kraken offer robust security measures and liquidity. To start:
- Choose a trusted broker or exchange.
- Complete account verification (KYC processes).
- Deposit funds and execute trades.
Many platforms also allow direct trading from charting interfaces, streamlining the process for technical traders.
Frequently Asked Questions
What is the current UNI/USDT price?
The live price is approximately $7.391 USDT, down -0.92% in the last 24 hours. Prices fluctuate frequently, so checking real-time charts is advisable.
How has UNI performed recently?
UNI rose 8.70% over the past week and 11.55% over the month. However, it's down -13.28% year-over-year, reflecting mixed mid-to-long-term momentum.
Is now a good time to buy UNI?
Technical indicators are currently neutral, suggesting no strong immediate bias. Always conduct your own research, consider market volatility, and review long-term trends before investing.
What was UNI’s highest price?
UNI reached its all-time high of $45.00 USDT on May 3, 2021. It has not revisited this level since, trading significantly lower in recent years.
How volatile is UNI?
Volatility is estimated at 5.12% today, which is moderate for crypto. Use risk management tools like stop-loss orders to protect investments.
Where can I discuss UNI trading ideas?
Many platforms host public chats and forums where traders share analysis and strategies. Engaging with communities can provide additional insights but verify information independently.
Final Thoughts
UNI remains a key asset in the DeFi ecosystem, offering opportunities for traders attuned to market cycles and technical indicators. While short-term metrics show neutral signals, understanding historical context and volatility is essential. As always, diversify investments, use reputable platforms, and stay informed through reliable market analysis sources.