Is UMA on the rise?
No, the price of UMA has been decreasing steadily since November 28, 2021, and is currently down by -69.86%. The 200-day moving average is currently -8.13% above the current price. The 100-day moving average is -34.55% above the current price, and the 50-day moving average is -41.89% above the current price.
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 $4.95, while the most pessimistic outlook is for $3.78.
The most recent forecasted price target for the next year is $4.30, which is crucial to note.
This means it's possible to witness a gain of 2.52 percent.
UMA - Relative Strength Forecast
UMA - Trend Prediction
UMA - Price Volatility Prediction
UMA - Relative Strength
UMA - Momentum Forecast
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 $4.51. The UMA price is expected to be $4.75 by March 2027, according to the five-year forecast. The long-term forecast for 2030 is $5.11.