🚀📈 Uniswap ( $UNI ) Price Gains 15%, with Bullish Indicators in Play

🚀 Uniswap (UNI) Gains Momentum
Uniswap (UNI) surged 15% in the last 24 hours, driven by strong bullish momentum. The Relative Strength Index (RSI) has climbed to 67, suggesting UNI is nearing overbought levels but still has room for further gains before a potential correction.

📊 RSI Indicates Room for Growth
UNI’s RSI jumped from 50 to 67 within a day, reflecting increased bullish sentiment. While values above 70 indicate overbought conditions, the current RSI suggests there’s room for continued gains. If the trend persists, UNI could rise further before reaching overbought territory.

📈 Positive Bollinger Bands Trend (BBTrend)
Uniswap’s BBTrend remains strong at 16.5, signaling sustained upward momentum since November 24. However, a slight decline from 18 indicates the rally’s strength may be weakening. If the BBTrend continues to drop, it could hint at consolidation or a correction.

💰 Price Predictions: $17 or Reversal?
If the bullish trend holds, UNI could test resistance at $13.3 and $14.8, with a potential peak at $17—a 36% gain. However, a reversal might see the price retest support at $12 or fall further to $8.59, representing a 31% correction.

⚠️ Short-Term Outlook
While indicators point to bullish potential, slight declines in BBTrend suggest caution. Investors should watch for signs of a continued uptrend or consolidation near key resistance and support levels.