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Ultra (UOS) Price Prediction 2022 — Will UOS Hit $5 Soon?

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Ultra (Uos) Price Prediction 2022 — Will Uos Hit $5 Soon?
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  • Bullish UOS price prediction is $0.49 to $2.49.
  • Ultra (UOS) price might also reach $5 soon.
  • Bearish UOS  price prediction for 2022 is $0.211.

In Ultra (UOS)  price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about UOS to analyze the future movement of the cryptocurrency. 

Ultra (UOS)  Current Market Status

According to CoinGecko, the price of Ultra (UOS) is $0.395 with a 24-hour trading volume of $2,247,327 at the time of writing. However, UOS has decreased by nearly 6.2% in the last 24 hours.

Moreover, Ultra (UOS) has a circulating supply of 303,793,578 UOS. Ultra (UOS) trades in cryptocurrency exchanges such as Binance, KuCoin, LBank, Huobi Global, Gate.io and Bybit. 

What is Ultra (UOS) ?

The Ultra blockchain’s native token, UOS, handles transactions across the entire Ultra ecosystem. The coin is now available as an ERC-20 on Ethereum as well as natively on the Ultra blockchain. Transactions or account creation with UOS are free. When the blockchain is at capacity and transactions start to queue up, UOS offers a staking mechanism that allows any actor on the blockchain to lock up their tokens in exchange for greater transaction priority.

Ultra (UOS) Price Prediction 2022

Ultra (UOS)  holds the 235th position on CoinGecko right now. UOS price prediction 2022 is explained below with a daily time frame.

UOS /USDT Ascending Channel Pattern (Source: Tradingview)

The above chart of Ultra (UOS) laid out the ascending channel pattern, also known as the rising channel. The upper and lower trend lines that connect the higher highs and higher lows respectively appear to move within a rising slope. This pattern is generally a characteristic of a bullish trend.

Currently, Ultra (UOS)  is in the range of $0.395. If the pattern continues, the price of UOS might reach the resistance levels of $0.495. If the trend reverses, then the price of UOS may fall to $0.33 and $0.20. 

Ultra (UOS)  Support and Resistance Levels

The chart below shows the support and resistance levels of Ultra (UOS) .

1663334491 512 Ultra Uos Price Prediction 2022 — Will Uos Hit 5
UOS /USDT Support and Resistance Levels (Source: Tradingview)

From the above daily time frame, we can clearly interpret the following as the resistance and support levels for Ultra (UOS) . 

  • Resistance Level 1 – $0.496
  • Resistance Level 2 – $0.787
  • Resistance Level 3 – $1.366
  • Resistance Level 4 – $2.499
  • Support Level 1  – $0.211

The charts show that Ultra (UOS) has performed a bullish trend over the past month. If this trend continues, UOS might run along with the bulls overtaking its resistance level at $2.499.

Accordingly, if the investors turn against the crypto, the price of Ultra (UOS) might plummet to almost $0.211, a bearish signal.

Ultra (UOS)  Price Prediction 2022 — RVOL, MA, and RSI

The Relative Volume (RVOL) of Ultra (UOS) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of UOS lies below the cutoff line, indicating weak participants in the current trend.

1663334491 992 Ultra Uos Price Prediction 2022 — Will Uos Hit 5
UOS /USDT RVOL, MA, RSI (Source: Tradingview)

Also, the Moving Average (MA) of Ultra (UOS) is shown in the chart above. Notably,  Ultra (UOS)  price lies above 50 MA (short-term), so it is in an uptrend. Currently, UOS has entered a bullish state. Therefore, there is a possibility of a reversal trend of UOS at any time.

Meanwhile, the relative strength index (RSI) of the UOS is 57.93. This means that Ultra (UOS) is neither in an oversold or overbought state. However, this means a major price reversal of UOS may occur in the upcoming days. So, traders need to trade carefully. 

Ultra (UOS)  Price Prediction 2022 — ADX, RVI

Let us now look at the Average Directional Index (ADX) of Ultra (UOS). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.

1663334491 543 Ultra Uos Price Prediction 2022 — Will Uos Hit 5
UOS /USDT ADX, RVI (Source: Tradingview)

The above chart represents the ADX of Ultra (UOS). Currently, the ADX of UOS lies in the range of 43.08 and thus, it indicates a strong trend. 

The above chart also represents the Relative Volatility Index (RVI) of Ultra (UOS) . RVI measures the constant deviation of price changes over a period of time. The RVI of UOS lies below 50, indicating low volatility. In fact, the RSI of Ultra (UOS) is at 57.93, thus confirming a potential buy signal.

Comparison of UOS with BTC, ETH

The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and  Ultra (UOS) .

1663334491 275 Ultra Uos Price Prediction 2022 — Will Uos Hit 5
BTC Vs ETH Vs UOS  Price Comparison (Source: Tradingview)

From the above chart, we can interpret that the price action of UOS is similar to BTC. This indicates when the price of BTC increases or decreases, the price of UOS also increases or decreases respectively.  

Ultra (UOS) Price Prediction 2023

If the declining price action completely slows down in momentum and the trend reverses,  Ultra (UOS) might probably attain $9 by 2023.

Ultra (UOS) Price Prediction 2024

With several upgrades in the network, Ultra (UOS) might enter a bullish trajectory. If the coin grabs the attention of major investors, UOS might rally to hit $14 by 2024. 

Ultra (UOS) Price Prediction 2025

If Ultra (UOS) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, UOS would rally to hit $18.5. 

Ultra (UOS) Price Prediction 2026

If Ultra (UOS) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, UOS would rally to hit $23. 

Ultra (UOS) Price Prediction 2027

If Ultra (UOS) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, UOS would rally to hit $27. 

Ultra (UOS) Price Prediction 2028

Ultra (UOS) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, UOS would hit $32 in 2028.

Ultra (UOS) Price Prediction 2029

If investors flock in and continue to place their bets on Ultra (UOS), it would witness major spikes. UOS might hit $39 by 2029.

Ultra (UOS) Price Prediction 2030

With greater advancements in the Ultra Ecosystem, the crypto community might continue to invest in UOS for the next 8 years and drive significant price rallies for the token. Hence, Ultra (UOS) might hit $42 by 2030.

Conclusion

With continuous improvements in the Ultra Network, we can say that 2022 is a good year for UOS. For this reason, the bullish price prediction of Ultra (UOS) in 2022 is $2.499. On the other hand, the bearish price prediction of Ultra (UOS) price prediction for 2022 is $0.211.

Furthermore, with the advancements and upgrades to the Ultra ecosystem, the performance of UOS would help to reach above its current all-time high (ATH) of $2.49 very soon. But, it might also reach $5 if the investors believe that UOS is a good investment in 2022.

FAQ

1. What is Ultra (UOS) ?

The Ultra blockchain’s native token, UOS, handles transactions across the entire Ultra ecosystem. The coin is now available as an ERC-20 on Ethereum as well as natively on the Ultra blockchain

2. Where can you purchase Ultra (UOS) ?

Ultra (UOS)  has been listed on many crypto exchanges which include Binance, KuCoin, LBank, Huobi Global, Gate.io and BingX. 

3. Will Ultra (UOS) reach a new ATH soon?

With the ongoing developments and upgrades within the Ultra platform, UOS has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Ultra (UOS) ?

On November 25, 2021 Ultra (UOS) reached its new all-time high (ATH) of $2.49.

5. Is Ultra (UOS) a good investment in 2022?

Ultra (UOS) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Ultra in the past few months, UOS is considered a good investment in 2022.

6. Can Ultra (UOS) reach $5?

Ultra (UOS) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Ultra (UOS)  will hit $5 soon.

7. What will be Ultra (UOS)  price by 2023?

 Ultra (UOS)  price is expected to reach $9 by 2023.

8. What will be Ultra (UOS) price by 2024?

 Ultra (UOS)  price is expected to reach $14 by 2024.

9. What will be Ultra (UOS)  price by 2025?

 Ultra (UOS)  price is expected to reach $18.5 by 2025.

10. What will be Ultra (UOS)  price by 2026?

 Ultra (UOS)  price is expected to reach $23 by 2026.

Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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Helium (HNT) Holds Gains Undermining Market Downtrend

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Helium (HNT), a cryptocurrency project focusing on the Internet of Things, has gained in recent times despite market conditions. According to CoinMarketCap, HNT has been up 8.42% over the last 7 days, trading at $4.90 at press time.

Despite the gains, the token has found it difficult to break above the $5 mark. The price movement has been on a downward trend. It’s uncertain if this will continue or not. However, its weekly price action has given traders a good reason to be hopeful.

Related Reading: Bitcoin Price Is Sitting On A Gun Powder, Will It Explode?

How Helium Is Holding Its End

As of writing, the Helium (HNT/USD) price is $4.90. Although earlier this morning, October 2nd, it was considerably higher than that. What makes this rate so exceptional for this coin?

The market is behaving strangely. Friday’s HNT price of $5.11 and recent volatile trends indicate this. This is a really positive sign for this cryptocurrency, as there is now a great deal of interest in it. The coin’s value and trading volume have both increased since last week’s all-time high. So far, today’s trading volume is $19 million, although it’s down 9.52% over yesterday’s total of $21 million.

The charts currently show a double top which indicates a bearish reversal pattern. However, the current price is still very much within the range of support levels. If the price continues to fall below these levels, then we could see further losses. But if the price breaks out of the resistance level, then we can expect some bullish momentum.

HNT’s price is currently trading at $4.85. | Source: HNTUSD price chart from TradingView.com

Where Does Helium Go From Here?

There’s no telling where this coin will go from here, but things are going well for now. The price of HNT may be almost the same as it was at the beginning of the month, but this does not imply that the price has stayed relatively flat.

Quite the reverse, as the coin has seen much activity. This activity has taken HNT both to new lows and new highs in the space of a few weeks. As it strives to go more mainstream, we anticipate Helium will continue to experience a great deal of activity.

Those that took advantage of the recent downturn have reaped substantial profits from Friday’s upswing. The price movements between then and today, October 2nd, show they might get another chance to benefit in the weeks ahead. But there’s no way to tell for sure.

More On Helium’s IoT Offering

Helium is a blockchain-based technology that focuses on IoT. It has an internet router called Helium hotspot. These nodes provide users with more affordable and extensive internet connectivity. Most crypto initiatives focus on decentralized finance and non-fungible tokens, but just a handful on IoT.

Related Reading: Crypto Community Predicts Polygon (MATIC) To Rise Nearly 20% By October 31

Helium allows for long-distance communication thanks to its worldwide wireless network and helium hotspots. Connectivity for all IoT devices is guaranteed by these hotspots, which serve as the network’s backbone. 

If you own a hotspot, you may benefit from increased visibility and financial incentives. Helium’s distributed ledger technology is made possible by these nodes allowing IoT devices to communicate with one another.

Featured image from Pixabay and chart from TradingView.com

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QNT Marks Positive Moves When Major Coins Facing Dumps

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Quant (QNT), a top 100 cryptocurrency on CoinMarketCap, has marked positive moves in the last few weeks. This is coming when major coins are facing dumps due to bearish market conditions.

The token has stayed green for 4 weeks, gaining over 47.37% since its $95.1 price on September 1st. The price action has been driven by strong volume and trading activity. Despite its market cap still down 2.98%, QNT has performed well against other coins with similar market caps.

Related Reading: Bitcoin Bullish Signal: Exchange Outflows Spike Up

Quant Take Back Nearly 50% From The Market In 4 Weeks

The world’s financial markets were rocked on September 13 as the U.S. Federal Reserve released inflation figures. The stock market crashed, taking the cryptocurrency market with it because of the correlation between the S&P 500 index and Bitcoin.

QNT fell along with the rest of the crypto market on September 13, halting its upward momentum shortly. Market uncertainty and mistrust also made it hard for bulls to boost Ethereum and Bitcoin prices. At that time, the price of QNT had a challenging time moving beyond $112.12. This price acted as its resistance level for the next few days.

Quant finally broke above the $115 mark on September 24th and continued climbing higher. During this time, the majority of coins on the market still lagged behind QNT. The token is still on an upward trend, trading at $132 as of press time. It has gained over 45.65% in the past four weeks.

QNT’s price is currently hovering above $132. | Source: QNTUSD price chart from TradingView.com

What The Charts Say About Quant’s Movement

A formatted inverted head and shoulders pattern emerged on the Quant seven-month price chart. This bullish reversal is frequently seen near market bottoms. It signals a shift in market sentiment from selling on rises to purchasing on declines. In addition, coin purchasers have lately broken through the pattern’s resistance at the neckline. This creates an opportunity for coin holders to recover their investments.

The price of Quant gave a tremendous breakthrough from its resistance trendline of $121 on September 27th. This comes despite the continued uncertainty that exists in the cryptocurrency market. The altcoin buyers spent the next two days trying to keep prices above the broken trendline and the $131 mark.

Plus, the lower price resistance included in these retest candles suggests that buyers are receiving adequate support at this level. As a result, the reversed support reinforced yesterday’s 8.5% rise, providing confirmation of the chart pattern breakthrough.

Chart Trend Gives Traders Hope For A New High

The price of Quant is at $132 as of writing. If people keep buying, the price should go up to $155, which will be the next level of resistance. 

Related Reading: Binance Coin (BNB) Bulls Defends Key Zone, Will The Give Up?

A possible breakthrough in this monthly resistance will give buyers more room to move. It’ll also make the ongoing recovery last longer. On the other hand, the bullish thesis would be disproved if the coin price declined from the $155 barrier. It might even fall below $131.

Featured image from Pixabay and chart from TradingView.com

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Coinbase Users With U.S Bank Accounts Face Major Outage

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Coinbase Diversifies Options With Polygon And Solana
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