- The UMA coin price is positive, around 8.1%, during the intraday trading session.
- The 24-hour trading volume is at $36 million.
- UMA/BTC pair is trading negative by -1.7% at 0.00020454 BTC.
Daily technical chart and price trend of UMA coin show a bullish trend. Based on the pivot level, the first support zone is 6.75 USDT. From another perspective, if it rushes, the resistance level to watch is 13.10 USDT. Thus, the graph made a bullish engulfing candle pattern during the day, and the cost is relied upon to remain upside with unwavering high force.
The Moving Average Exponential (EMA) Ribbon, comprising of different Ema’s, goes about as solid support in the coin price move. Investors might notice the cost moves below the red ribbon, so it will guarantee a downswing in UMA until it’s below the ribbon.
Trading volume (312.896 K) is below the 20-day moving average (614.586 K). To put it plainly, the volume is moderate, making the cost gradually move towards the pivot levels. Investors can likewise check that the volume bars on the graph are slanting, which demonstrates that exceptional instability is normal in the following trading days.
The RSI indicator gave a signal (bullish) with 46, projecting a purchase signal in the currency. Investors can observe an inclined slope from 34 to 46. It can arise in future trading sessions.
UMA Coin Price Oscillators Heading Towards Overbought Zone
The price of UMA is $9.74 today and the 24-hour trading volume is $36,305,556. UMA prices have risen 8.1% in the last 24 hours. It has a circulation of 63 million UMA coins and a total of 105 million. The RSI points to a buying signal, and the traders have prompted moderate volume. In fact, the cost moves towards the pivot levels. In like manner, with the general market perspective, the pattern stays bullish for coming trading days.
Resistance Level: $13.10
Support Level: $6.75