Universal market access price prediction for today, January 21 – UMA technical analysis| Trending Viral hub

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The Universal Market Access price prediction is showing a positive change, with the coin rising to another resistance level of $7.0.

Universal Market Access Prediction Statistical Data:

  • Universal Market Access Price Now: $5.85
  • Universal market access market capitalization: $448.8 million
  • Circulating supply of universal market access: 76.3 million
  • Total supply of universal market access: 117.7 million
  • Universal Market Access Coinmarketcap Rank: #120

UMA/USD Market

Key levels:

Resistance Levels: $8.0, $8.5, $9.0

Support levels: $3.0, $2.5, $2.0

Universal market access price prediction for today, January 21 – UMA technical analysis
UMAUSD – Daily Chart

UMA/USD It appears to be on the verge of breaching the upper boundary of the channel, signaling a possible uptrend as the coin approaches the daily high of $6.58. Over the past few days, the coin has been consistently trading above the 9-day and 21-day moving averages. Meanwhile, if the bullish momentum intensifies, the market could witness fresh bullish moves.

Universal Market Access Price Prediction: Would UMA Break Additional Advantages?

He Price of universal market access It is expected to maintain its position above the 9-day and 21-day moving averages, aiming to establish a new resistance level at $7.0. Consequently, if the bulls successfully defend the $5.85 level, the coin has the potential to extend its upward trajectory by breaking above the upper boundary of the channel. However, it is worth noting that a continuation of the bullish momentum could encounter resistance at key levels, including $8.0, $8.5, and $9.0 respectively.

However, this analysis could prove inaccurate if bearish forces re-entered the market, causing a decline towards the lower boundary of the channel. In such a scenario, Universal Market Access (UMA) could potentially reach the support levels of $3.0, $2.5, and $2.0. Furthermore, the indication of an uptrend intensifies as the 9-day moving average surpasses the 21-day moving average, suggesting the likelihood of further bullish moves.

UMA/BTC begins the bullish movement

Against Bitcoin, the Universal market access The price is considered rising as it is likely to cross and sustain above the upper boundary of the channel with a major resistance level at 1600 SAT. However, the long-term moving averages are likely to maintain the bullish movement as the market is starting a new trend by crossing above the upper boundary channel.

Universal market access price prediction for today, January 21 – UMA technical analysis
UMABTC – Daily Chart

From above, if buyers could hold the price above the channel, further resistance could be located at 1800 SAT and above. Furthermore, if the bulls fail to overcome this barrier, the coin may head towards the lower boundary of the channel, which could reach the support level of 820 SAT or below, while the 9-day moving average remains above the moving average. of 21 days. , which shows that more bullish signals are emerging.

Universal market access alternatives

According to the daily chart, if the buying pressure increases, the Universal Market Access price is expected to break above the upper boundary of the channel. Currently trading at $5.85, bullish momentum suggests a continuation of the upward movement. Traders can anticipate the coin to cross above the upper boundary of the channel, targeting the nearest resistance level at $7.0. Meanwhile, traders should keep an eye on possible bullish trends in the UMA market.

In that sense, Universal Market Access (UMA) is ranked 120 on CoinMarketCap, but attention is focusing on Bitcoin Minetrix (BTCMTX), an emerging cryptocurrency with significant potential. Investors are encouraged to take advantage of the opportunity by acquiring and staking BTCMTX tokens, which provide access to valuable cloud mining credits. Emphasis on security and transparency is highlighted, and ongoing pre-sales have already exceeded $9.0 million. Investors are urged to join the revolution and secure their participation in the future of cryptocurrencies.

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