UMA(uma)market reviews and price predictions
UMA market statement for 2023-06-01
Yesterday the price of uma stood at $1.94. The market capitalization of the asset was $138 001 574. UMA’s volatility was established at 1.04%. The trading volume of the coin reached $4 977 554.
UMA prognosis for the next days:
We estimate the price of UMA to be $1.91 tomorrow 2023-06-03 and $2.05 on 2023-06-09;
We estimate the market capitalization of UMA to reach $143 256 095 tomorrow 2023-06-03 and $142 386 091 on 2023-06-05;
We estimate the volatility of UMA to become 1.24% tomorrow 2023-06-03 and 1.5% on 2023-06-05;
We estimate the trading volume of UMA to amount to $5 583 913 tomorrow 2023-06-03 and $5 224 272 on 2023-06-05.
Our recommendation for the pair UMA/USD for tomorrow, 2023-06-03, to buy.
UMA slid down by 3% last week (May 26 - June 1) as the sellers pushed back.
The downward movement of the UMA price last week indicates the chosen market is bearish. UMA has been going through a period of low volatility, which fell in line with the occurred price changes. The market capitalization of the asset has been decreasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
UMA slid down by 4% last week (May 25 - May 31) as the sellers pushed back.
UMA has been bearish last week as its price has been predominantly falling. The volatility of UMA has been low throughout the reviewed period in correspondence with the price action. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
Buyers weakened their grip on the UMA market (May 24 - May 30) as the price rose only by 2%.
The price of UMA was rising last from May 24 until May 30, giving enough reason to conclude that the market is bearish. The volatility associated with the UMA market was low, as were its price fluctuations. The price action on the coin's market translated to the decline of market capitalization. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
UMA slid down by 3% last week (May 23 - May 29) as the sellers pushed back.
Between May 23 - May 29, UMA has been mostly as its price has been in the falling mode. The volatility of UMA has been low throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
May 22 - May 28 market wrap: UMA had a slight 2% drop.
UMA has been last week as its price has been predominantly falling. UMA was caught in a period of low volatility, which was reflected in its price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of decreased trading volume.
Bearish price action on May 11 to May 17 resulted in UMA by 7%.
The downward movement of the UMA price last week indicates the chosen market is. UMA was caught in a period of medium volatility, which was reflected in its price action. There has been a fall in the market capitalization of the asset during the period under review. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
The bears had a field day between May 9 and May 15 as UMA got knocked down by 18%.
The analysis of last week’s price action shows that the UMA market is in the phase since the price has been moving downward. UMA was caught in a period of medium volatility, which was reflected in its price action. The asset saw its market capitalization falling over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
UMA retraces by 5% in the period May 6 - May 12 as the market turns slightly bearish.
UMA has been last week as its price has been predominantly falling. The volatility of UMA has been high throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
The market crumbled last week (May 5 - May 11) as UMA lost 20%.
The bullish behavior of UMA last week was characterized by the occurrence of downswings. The price swings of UMA pointed to the presence of high volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
A 32% price appreciation seen on the UMA market between May 2 and May 8.
UMA has been bullish last week as its price has been predominantly rising. The price swings of UMA pointed to the presence of high volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin last week took place on the back of increased trading volume.