Million

<ul class="list-ic vertical"> 
 <li> 1 <a>The Uma crypto price is up over 3.64% in the past 24 hours and was at $2.32 at press time.</a> </li> 
 <li> 2 <a>The UMA price prediction shows that it may advance to a high of $14.466 by the end of the financial year 2028.</a> </li> 
</ul> 
Oracles are a way for blockchains to get data from outside. They are important for many blockchain uses like DeFi and Web3. UMA is a type of oracle that lets people vote on data. 
It is called optimistic because it trusts the data unless someone challenges it. That is different from other oracles that just send prices to blockchains. UMA has been working on this idea since 2014. It allows for more complex and human data.&nbsp; 
It has its own token, UMA, that is used for voting and rewards. There are three roles in UMA: the requester, the proposer, and the disputer. They can agree or disagree on the data. UMA voters decide who is right and who is wrong. They get rewards for voting correctly. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full">
 <img loading="lazy" decoding="async" width="648" height="389" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-654.png" alt="UMA Price Analysis: Technical Indicators Point to a Major Breakout" class="wp-image-185617" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-654.png 648w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-654-300x180.png 300w" sizes="(max-width: 648px) 100vw, 648px">
 <figcaption class="wp-element-caption">
 Source: CoinMarketCap
 </figcaption>
 </figure>
</div> 
<a href="https://www.thecoinrepublic.com/2023/12/24/apecoin-price-ape-continues-to-consolidate-calm-before-storm/" target="_blank" rel="noreferrer noopener">Uma crypto price</a> is on a six-week gaining streak, illustrating a strong outlook over the weekly chart. The crypto price has been following an upward trajectory in recent sessions and noted a 73.5% uptick in market cap in the past nine weeks.&nbsp; 
The price trend has turned positive in the long term after the continuous gain. The daily chart noted a bullish crossover of the key EMAs indicating the continuation of the positive trend.&nbsp; 
At the time of writing, the Uma price was trading at $2.32 with an intraday rise of 3.64%, showing positive signs on the chart. It has a 24-hour trading volume of $11.66 Million with an intraday decline of 6.65%.&nbsp;&nbsp;&nbsp; 
<h2 class="wp-block-heading" id="strong-uma-price-prediction-2023-strong">Uma Price Prediction 2023</h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
 <img loading="lazy" decoding="async" width="1024" height="456" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-655-1024x456.png" alt="UMA Price Analysis: Technical Indicators Point to a Major Breakout" class="wp-image-185618" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-655-1024x456.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-655-300x134.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-655-768x342.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-655-750x334.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-655-1140x508.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-655.png 1281w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">
 Source: UMA/USD by TradingView
 </figcaption>
 </figure>
</div> 
The price prediction for 2023 is a neutral to bullish outlook in the short term. The most optimistic view of analysts estimates the price may reach a high of $2.98 by the year-end. The pessimistic view of analysts estimates that the price may drop to $1.724. 
Uma Price Prediction 2024 
As per the analysts, UMA price may rise as high as $4.86 by 2023, indicating an upside potential of 107.6% from the CMP. However, the pessimistic view of analysts expects the price to reach $3.22.&nbsp;&nbsp; 
Uma Price Prediction 2025 
The most optimistic analyst forecast for the Uma coin expects the price to reach a high of $7.455 with a potential gain of 212.21% from the CMP. The minimum forecasted price by the end of 2025 is $4.14. The average predicted price till 2025 is $5.281.&nbsp; 
Uma Price Prediction 2026 
The UMA token price may reach a high of $9.42 if a positive trend prevails in the crypto market. On the flip side, the most pessimistic view of the analysts expects the price to reach $5.404 by 2026.&nbsp; 
Uma Price Prediction 2027 
According to the analysts’ price prediction for the year 2027, the most optimistic view of analysts estimates the UMA price to reach a high of $11.52. The minimum price target of analysts is $8.110 by 2027.&nbsp; 
Uma Price Prediction 2028 
Till 2028, the overall crypto market may see more exposure and evolve more. On the most optimistic side, the UMA crypto price may reach a high of $14.46. However, the pessimistic view of analysts expects the price to reach $10.711.&nbsp; 
<h4 class="wp-block-heading">Disclaimer</h4> 
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;

UMA Price Analysis: Technical Indicators Point to a Major Breakout

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