UMEE
1. Fundamental Analysis
1.1 Introduce
Umee is a cross chain DeFi hub that interconnects between blockchains.As a base layer blockchain, applications and money lego primitives can be built on top of Umee to access cross chain leverage and liquidity. The Umee Blockchain facilitates interoperability for a Tendermint Proof of Stake protocol with the Cosmos ecosystem, Ethereum network, side chain architectures, layer two scaling solutions, and alternative base layer protocols.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | UMEE | Market Cap | 3107182.5 |
| Name | Umee | White Paper | -- |
| Web Site | https://umee.cc | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://www.mintscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 21000000000 | |
| Supply | 21000000000 | Release Date | |
| Available Supply | 4432500000 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.000701 | 0.000701 | 0.000663 | 0.000663 | 98.5250453 |
| 2024-12-31 | 0.000691 | 0.00071 | 0.000627 | 0.000698 | 2040.3480464 |
| 2024-12-30 | 0.000766 | 0.000775 | 0.000601 | 0.000691 | 2847.0247404 |
| 2024-12-29 | 0.000801 | 0.000838 | 0.000643 | 0.000782 | 4085.4355778 |
| 2024-12-28 | 0.000748 | 0.000843 | 0.000697 | 0.000816 | 1512.3045116 |
| 2024-12-27 | 0.000793 | 0.000804 | 0.000705 | 0.000771 | 1779.4399005 |
| 2024-12-26 | 0.00087 | 0.000933 | 0.000665 | 0.000828 | 3040.89855455 |
| 2024-12-25 | 0.000868 | 0.000905 | 0.000843 | 0.000879 | 469.7005367 |
| 2024-12-24 | 0.000884 | 0.000914 | 0.000869 | 0.00087 | 1408.914242 |
| 2024-12-23 | 0.000925 | 0.000969 | 0.00085 | 0.000881 | 4247.0733648 |
| 2024-12-22 | 0.000902 | 0.00108 | 0.00083 | 0.000921 | 1009.5904112 |
| 2024-12-21 | 0.000906 | 0.000992 | 0.000906 | 0.000937 | 595.1999803 |
| 2024-12-20 | 0.00091 | 0.000943 | 0.0008 | 0.000915 | 1671.6718481 |
| 2024-12-19 | 0.000993 | 0.001044 | 0.000845 | 0.000903 | 2430.7503415 |
| 2024-12-18 | 0.001129 | 0.00124 | 0.000993 | 0.000993 | 3592.1181001 |
| 2024-12-17 | 0.001165 | 0.00119 | 0.001116 | 0.001127 | 544.7896624 |
| 2024-12-16 | 0.001208 | 0.001238 | 0.001165 | 0.001166 | 253.6434301 |
| 2024-12-15 | 0.00116 | 0.001265 | 0.00116 | 0.001208 | 1298.2523001 |
| 2024-12-14 | 0.00126 | 0.001311 | 0.001161 | 0.001161 | 1585.544273 |
| 2024-12-13 | 0.001284 | 0.001375 | 0.001245 | 0.001302 | 2685.576365 |
| 2024-12-12 | 0.001319 | 0.001408 | 0.001266 | 0.001283 | 1085.6312527 |
| 2024-12-11 | 0.001299 | 0.001399 | 0.00117 | 0.001322 | 3760.0788728 |
| 2024-12-10 | 0.001597 | 0.001625 | 0.00121 | 0.001322 | 3632.4338555 |
| 2024-12-09 | 0.001703 | 0.001748 | 0.001504 | 0.001598 | 4190.5220057 |
| 2024-12-08 | 0.001718 | 0.001796 | 0.001701 | 0.001731 | 2655.1968741 |
| 2024-12-07 | 0.001779 | 0.001811 | 0.001701 | 0.001701 | 1751.6320817 |
| 2024-12-06 | 0.001661 | 0.001819 | 0.001656 | 0.001802 | 2822.8104836 |
| 2024-12-05 | 0.001748 | 0.001998 | 0.001604 | 0.001669 | 4239.8181451 |
| 2024-12-04 | 0.001669 | 0.001778 | 0.001545 | 0.001778 | 2501.4258769 |
| 2024-12-03 | 0.001543 | 0.001679 | 0.001534 | 0.001618 | 2824.5873836 |
2.2 Analysis
The 30-day OHLCV data indicates a recent period of price volatility followed by a downward trend. While a brief upward correction is possible, the overall outlook suggests a continuation of the bearish trend in the near future. Significant support levels need to be identified to gauge potential bounce points, but the probability of further price decline is currently higher. Continued monitoring of volume and potential breakouts from key support and resistance levels is critical for confirming the trend. Risk-averse strategies are recommended.
