📈 Analysis and forecast for $UMA : further prospects? 🚀
As of June 6, 2025, 19:08 EEST, the price of $UMA on Binance is $1.348, with a growth of 20% over the last 24 hours. The trading volume for the day is approximately $15.3M, and the market capitalization is $117.2M (with a circulating supply of 87M tokens). The growth is associated with interest in DeFi and the activity of UMA as an optimistic oracle.
Technically, $UMA shows bullish momentum. On the 4-hour chart, the 50-day SMA is rising, while the 200-day SMA is stabilizing, indicating an upward trend. The RSI (14) is around 70, signaling overbought conditions, and the MACD confirms the bullish movement. Key resistance is at $1.490; a breakout above may push the price to $1.850. A drop below $1.230 will increase pressure down to $1.110.
Forecast: by the end of June, UMA could reach $1.490–$1.850 if volumes are maintained. By July 2025, a pullback to $1.230 is possible if the market corrects. By the end of the year, the target is $2.360 (according to CoinDataFlow), assuming DeFi growth. Long-term potential for 2026 is $1.258 (according to Gov.Capital), but some experts (AMBCrypto) see $1.890. Fundamentally, UMA maintains interest due to Web3 applications, but volatility is a risk.
Further prospects? The price of $1.348 is close to resistance at $1.490, and the RSI at 70 indicates a correction. The 20% growth in 24 hours is a signal to take profits at $1.490–$1.850. Set a stop-loss at $1.110. Trading volumes have increased, but overbought conditions require caution. Keep an eye on the news and support at $1.230! #UMA #Binance #CryptoAnalysis