$2.67
$-0.02 (-0.63%)
End-of-day quote: 2022-10-17
UMA/USD

Is UMA on the rise?

No, the price of UMA has been decreasing steadily since November 28, 2021, and is currently down by -80.79%. The 200-day moving average is currently 44.18% above the current price. The 100-day moving average is 2.71% above the current price, and the 50-day moving average is -8.8% above the current price.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The UMA Forecast for 2023

We need to look more closely at a forecast for the one-year outlook, as it is more accurate than other predictions.

For UMA prices in the next year, analysts have made various forecasts. The most optimistic prediction is for a 12-month price target of $3.09, while the most pessimistic outlook is for $2.35.

The most recent forecasted price target for the next year is $2.68, which is crucial to note.

This means it's possible to witness a gain of 0.21 percent.

UMA - Relative Strength Forecast

UMA broke through the 25 strength line from above on and then changed into a trend, which thereby generated sell signals that lasted one month.

UMA - Trend Prediction

UMA - Price Volatility Prediction

UMA - Relative Strength

UMA - Momentum Forecast

In we then see weak volatility for UMA for a longer period of time which led to negative signals for UMA.

UMA's Prospects For 2025-2030

The next few years look good for UMA. Three analysts have predicted that by March 2025, UMA will have reached $2.69. The UMA price is expected to be $2.70 by March 2027, according to the five-year forecast. The long-term forecast for 2030 is $2.72.