Uniswap USD Falls 10.4% to $9.18 as RSI Hits Overbought at 72

By Danny Kontos

September 24, 2026

02:55 AM

3 min read

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Key Points

UNIUSD fell 10.4% to $9.18 in 24 hours on 6.4x average volume.

RSI at 72.12 and CCI at 142.64 signal overbought extremes.

MACD histogram weakening while ADX at 53.05 confirms strong downtrend.

Meyka 12-month forecast of $3.77 implies 59% decline from current price.

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Uniswap USD fell 10.4% to $9.18 in 24 hours, erasing gains from earlier in the week. No single news event explains the move. The technical picture shows extreme overbought conditions with RSI at 72.12 and CCI at 142.64, both signaling a potential pullback. Trading volume jumped 6.4 times the 30-day average to $2.37 billion, suggesting institutional selling pressure.

Why UNIUSD reversed after hitting $10.87

UNIUSD peaked at $10.87 today before reversing sharply lower to $9.18. The 10.4% drop came on volume 6.4 times the daily average, indicating coordinated selling. The coin had climbed 18% over five days and 103% in one month, leaving it vulnerable to profit-taking at overbought extremes.

Overbought technicals point to deeper pullback risk

RSI stands at 72.12, well into overbought territory above 70. CCI at 142.64 and Stochastic %K at 84.24 both confirm extreme momentum. Price sits above the upper Bollinger Band at $9.73, suggesting the move has extended beyond normal volatility. These readings typically precede 5-10% corrections.

MACD and ADX confirm strong downtrend forming

MACD histogram at 0.30 remains positive but the signal line at 0.93 sits below the MACD at 1.24, showing momentum is weakening. ADX at 53.05 indicates a strong trend in place. Combined with the overbought RSI, this setup favors sellers in the near term.

Forecasts show steep declines ahead

Meyka’s 12-month forecast stands at $3.77, implying a 59% drop from today’s price. The one-month forecast of $3.44 suggests a 62.5% decline. These projections reflect the coin’s volatility and the gap between current price and historical support levels near $3.80.

Final Thoughts

UNIUSD’s 10.4% drop reflects a technical correction after extreme overbought readings, not a fundamental shift. With RSI at 72 and price above the upper Bollinger Band, the data points to further downside risk in the near term. Traders should watch the $9.05 support level.

FAQs

Why did Uniswap USD drop 10% today?

UNIUSD fell 10.4% to $9.18 as RSI hit 72.12 overbought and profit-taking accelerated on 6.4x average volume.

Is UNIUSD oversold after the 10% drop?

No. RSI at 72 remains overbought. Price above the $9.73 upper Bollinger Band signals the move has not yet reversed.

What is the price forecast for Uniswap USD?

Meyka forecasts $3.77 in 12 months, 59% below current price. One-month target is $3.44, implying further downside.

What support level should UNIUSD hold?

The $9.05 day low acts as immediate support. Longer-term support sits near $3.77, the 200-day moving average level.

Disclaimer:
Cryptocurrency markets are highly volatile. This content is for informational purposes only. The Forecast Prediction Model is provided for informational purposes only and should not be considered financial advice. Meyka AI PTY LTD provides market data and sentiment analysis, not financial advice. Always do your own research and consider consulting a licensed financial advisor before making investment decisions.

About Author

Danny Kontos

Co Founder

Danny Kontos has been a stock investor since 2007 and co-founded Meyka in 2023. He keeps a small, focused portfolio and only moves when the numbers are hard to argue with. He has waited years on a single position before. Before Meyka, he ran a web hosting company and a mortgage lending platform, so he knows what a well-run business actually looks like under the hood. This article did not come from a news cycle. It came from someone who has been watching this space for a long time.