2024

Resistance

Million

Daily

<div class="insidebitcoins">
 <p>The Universal Market Access price prediction begins to move to the upside as the coin spikes to touch the daily high at $3.20.</p>
 <h2 id="universal-market-access-prediction-statistics-data">Universal Market Access Prediction Statistics Data:</h2>
 <ul>
  <li>Universal Market Access price now – $3.18</li>
  <li>Universal Market Access market cap – $269.6 million</li>
  <li>Universal Market Access circulating supply – 79 million</li>
  <li>Universal Market Access total supply – 118.9 million</li>
  <li>Universal Market Access Coinmarketcap ranking – #251</li>
 </ul>
 <h2 id="uma-usd-market">UMA/USD Market</h2>
 <p>Key Levels:</p>
 <p>Resistance levels: $4.00, $4.20, $4.40</p>
 <p>.60Support levels: $1.80, $1.60, $1.40</p>
 <figure id="attachment_518635" aria-describedby="caption-attachment-518635" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-518635 size-full" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201374%20744'%3E%3C/svg%3E" alt="Universal Market Access Price Prediction for Today, May 8 – UMA Technical Analysis" width="1374" height="744" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/05/09/56cb6b0544aaac4a39c0d17176551d1e.webp 1374w, https://cdn.thebittimes.com/images/2024/05/09/56cb6b0544aaac4a39c0d17176551d1e.webp 300w, https://cdn.thebittimes.com/images/2024/05/09/56cb6b0544aaac4a39c0d17176551d1e.webp 1024w, https://cdn.thebittimes.com/images/2024/05/09/56cb6b0544aaac4a39c0d17176551d1e.webp 768w" data-lazy-sizes="(max-width: 1374px) 100vw, 1374px" data-lazy-src="https://cdn.thebittimes.com/images/2024/05/09/56cb6b0544aaac4a39c0d17176551d1e.webp">
  <noscript><img decoding="async" class="wp-image-518635 size-full" src="https://cdn.thebittimes.com/images/2024/05/09/56cb6b0544aaac4a39c0d17176551d1e.webp" alt="Universal Market Access Price Prediction for Today, May 8 – UMA Technical Analysis" width="1374" height="744" srcset="https://cdn.thebittimes.com/images/2024/05/09/56cb6b0544aaac4a39c0d17176551d1e.webp 1374w, https://cdn.thebittimes.com/images/2024/05/09/56cb6b0544aaac4a39c0d17176551d1e.webp 300w, https://cdn.thebittimes.com/images/2024/05/09/56cb6b0544aaac4a39c0d17176551d1e.webp 1024w, https://cdn.thebittimes.com/images/2024/05/09/56cb6b0544aaac4a39c0d17176551d1e.webp 768w" sizes="(max-width: 1374px) 100vw, 1374px">
  </noscript>
  <figcaption id="caption-attachment-518635" class="wp-caption-text">
   UMAUSD – Daily Chart
  </figcaption>
 </figure>
 <p>UMA/USD is seen crossing above the 9-day and 21-day moving averages touching the daily high of $3.20. However, for the past couple of days, the coin has been aiming to cross above the 9-day and 21-day moving averages and the market may experience more bullish movements if the bulls increase the buying pressure.</p>
 <h2 id="universal-market-access-price-prediction-uma-usd-may-head-toward-the-upside">Universal Market Access Price Prediction: UMA/USD May Head toward the Upside</h2>
 <p>The Universal Market Access price may stay above the 9-day and 21-day moving averages for it to hit the resistance level of $3.50. Therefore, if the bulls defend the $3.20 level, the coin may continue its upward movement by crossing above the upper boundary of the channel. However, any further bullish movement may hit the potential resistance levels of $4.00, $4.20, and $4.40.</p>
 <p>Meanwhile, this prediction may not be right if the bears return to the market and break toward the lower boundary of the channel, and the Universal Market Access could touch the low of $1.80, $1.60, and $1.40 support levels. Moreover, the 9-day MA may cross above the 21-day MA; suggesting that more bullish movements will likely play out.</p>
 <h2 id="uma-btc-breaks-above-the-moving-averages">UMA/BTC Breaks Above the Moving Averages</h2>
 <p>Against Bitcoin, the Universal Market Access price is moving up higher as it is likely to cross above the upper boundary of the channel with a major resistance level at 8500 SAT. The long-term moving averages may likely keep the bullish movement as the market starts a new trend by crossing above the upper boundary channel.</p>
 <figure id="attachment_518634" aria-describedby="caption-attachment-518634" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-518634 size-full" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201374%20744'%3E%3C/svg%3E" alt="Universal Market Access Price Prediction for Today, May 8 – UMA Technical Analysis" width="1374" height="744" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/05/09/e781d4dc38e39991d5e6d7a564f74c90.webp 1374w, https://cdn.thebittimes.com/images/2024/05/09/e781d4dc38e39991d5e6d7a564f74c90.webp 300w, https://cdn.thebittimes.com/images/2024/05/09/e781d4dc38e39991d5e6d7a564f74c90.webp 1024w, https://cdn.thebittimes.com/images/2024/05/09/e781d4dc38e39991d5e6d7a564f74c90.webp 768w" data-lazy-sizes="(max-width: 1374px) 100vw, 1374px" data-lazy-src="https://cdn.thebittimes.com/images/2024/05/09/e781d4dc38e39991d5e6d7a564f74c90.webp">
  <noscript><img decoding="async" class="wp-image-518634 size-full" src="https://cdn.thebittimes.com/images/2024/05/09/e781d4dc38e39991d5e6d7a564f74c90.webp" alt="Universal Market Access Price Prediction for Today, May 8 – UMA Technical Analysis" width="1374" height="744" srcset="https://cdn.thebittimes.com/images/2024/05/09/e781d4dc38e39991d5e6d7a564f74c90.webp 1374w, https://cdn.thebittimes.com/images/2024/05/09/e781d4dc38e39991d5e6d7a564f74c90.webp 300w, https://cdn.thebittimes.com/images/2024/05/09/e781d4dc38e39991d5e6d7a564f74c90.webp 1024w, https://cdn.thebittimes.com/images/2024/05/09/e781d4dc38e39991d5e6d7a564f74c90.webp 768w" sizes="(max-width: 1374px) 100vw, 1374px">
  </noscript>
  <figcaption id="caption-attachment-518634" class="wp-caption-text">
   UMABTC – Daily Chart
  </figcaption>
 </figure>
 <p>From above, if the buyers could keep the price above moving averages, higher resistance could be located at 9000 SAT and above. Moreover, should the bulls fail to move above the levels then, the coin may head toward the lower boundary of the channel to hit the support level of 1300 SAT and below.</p>
 <p>Meanwhile, @nihilus_XBT, with a following of 48,000 on X (formerly Twitter), recently highlighted $UMA’s enduring bullish stance to his audience. His endorsement emphasizes UMA’s potential for sustained growth and stability in the dynamic cryptocurrency market, providing valuable insight for investors seeking promising opportunities.</p>
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
  <p lang="en" dir="ltr">$UMA longed.#uma #UMA pic.twitter.com/gLgc42e9Rx</p>
  <p>— Nihilus (@nihilus_XBT) May 4, 2024</p>
 </blockquote>
 <p></p>
 <h2 id="alternatives-to-universal-market-access">Alternatives to Universal Market Access</h2>
 <p>The <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> indicates that Universal Market Access (UMA) may break above its upper channel boundary, currently trading at $3.18, with bullish momentum suggesting further upward movement towards $3.50. Traders are advised to monitor UMA’s market for potential developments. Meanwhile, attention is shifting to Dogeverse, an emerging cryptocurrency with substantial potential, as investors are urged to seize the opportunity by acquiring $DOGEVERSE tokens during the ongoing presale, which has already exceeded $13.0 million.</p>
 <p>Dogeverse Next 100X Potential Meme Coin?! – HUGE Whale Buys $183k Dogeverse Tokens!</p>
 <p></p>
 <div class="rll-youtube-player" data-src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/XDT7PBzdjwA" data-id="XDT7PBzdjwA" data-query="feature=oembed" data-alt="Dogeverse Next 100X Potential Meme Coin?! - HUGE Whale Buys $183k Dogeverse Tokens!"></div>
 <noscript><iframe title="Dogeverse Next 100X Potential Meme Coin?! - HUGE Whale Buys $183k Dogeverse Tokens!" width="640" height="360" src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/XDT7PBzdjwA?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
 </noscript>
 <p></p>
 <p>Embark on an exhilarating journey with Dogeverse, the potential next 100X meme coin sensation! The recent revelation of a massive whale purchase of $183k worth of Dogeverse tokens speaks volumes about the confidence in this burgeoning project. With such significant backing, now is the opportune moment to join the Dogeverse community and capitalize on its immense growth potential.</p>
 <p>You can benefit from&nbsp;Dogeverse&nbsp;today.</p>
 <h2 id="related-news">Related News</h2>
 <ul>
  <li>UMA Price Prediction: UMA Pumps 17% As This Under-The-Rader Presale Closes On $7.5 Million</li>
  <li>63 ETH Whale Buys Mark Final Days of Dogeverse Presale, Ends Soon</li>
 </ul>
 <p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/universal-market-access-price-prediction-for-today-may-8-uma-technical-analysis-tbt87831.html">https://thebittimes.com/universal-market-access-price-prediction-for-today-may-8-uma-technical-analysis-tbt87831.html</a></p>
</div>

Universal Market Access Price Prediction for Today, May 8 – UMA Technical Analysis

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