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Market Overview
UNI/USD closed most recently at 5.76, down 0.997% from the previous close of 5.818, continuing a downtrend evident over the past 30 days with a modest decline of 0.33%. The price remains below the 20-day SMA of 5.86475, the 50-day SMA near 5.79, and the 200-day SMA which is not explicitly provided but implied to be above current levels. The RSI indicates weakening momentum consistent with bearish pressure. Nearest support is around 5.70, while resistance is near 5.95. No significant upcoming events are noted, but market sentiment is influenced by broader DeFi sector developments. Technical indicators confirm the downtrend with price below key moving averages and moderate selling interest. For information only.
Last Updated 10/31/25

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.