#UMA #UMAUSDT #altcycle The week is about to reach its end, a long one and the third one... We have the exact same conditions as in April 2025 when the altcoins market turned bullish. After a prolonged down-move and major low, the market turns green closing three consecutive green weeks. This signals the start of the bullish phase.
"UMA's optimistic oracle is a decentralized truth machine. The oracle can verify any statement proposed on the blockchain. It provides real world data so smart contracts and markets asking for that data can be settled.
"The project consists of the following major components working in conjunction: Optimistic Oracle (OO): UMA's Optimistic Oracle allows contracts to quickly request and receive information. The OO provides that "real-world" data optimistically, which means that data is accepted as true unless anyone disputes the information. Data Verification Mechanism (DVM): If a dispute is raised, a request is sent to the Data Verification Mechanism (DVM). Disputes sent to the DVM will be resolved after 48 hours after UMA token holders have voted to validate the off-chain data."
UMAUSDT is turning green and we expect a strong bullish wave to follow amounting to a minimum of 485% growth. After some sort of pause or correction, we can expect additional growth.
This is a strong project that is missing a long-term bullish cycle. There are mainly two bullish moves on this chart. 1) October 2020-February 2021. This one lasted 119 days with total growth reaching 666%. 2) October 2023-late January 2024. This second one lasted 98 days with total growth 475%.
3) October 2025... Huh, there is something about October. This phase started with the October 2025 low and can easily go through February or March 2026. The difference I see now for some projects—pure speculation based on chart data—is the fact they will not produce new lows once the bullish wave ends. In the past, we see how each of those bullish waves resulted in a downtrend, the present one is likely to result in an uptrend.
Namaste.
✅ Trade here on
$UMA