Table of Contents:
- Coin prognosis
- What is Umbrella Network coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
Our data is bearish on Umbrella Network Possible downside
Over the past few weeks, Umbrella Network's price has performed poorly in relation to the market. This poor performance is reflected in it's daily price movements which heavily influences our ranking algorithms. Buying UMB at this time may lead to loss of capital. However, if you believe this is a good project, take a look at our Fundamental analysis and do a detailed due diligence, then accumulate a long-term position.
What is Umbrella Network? Fundamental Analysis
Umbrella Network is a scalable, cost-efficient, and community-owned oracle for the DeFi and blockchain community. Its Layer 2 technology uses the latest advances in Merkle tree technology to write multiple data points on a single on-chain transaction, so it allows for batching data to smart contracts accurately, securely, and inexpensively.Umbrella utilizes a Delegated Proof of Stake (DPoS) that benefits from the active participation of the community and token holders. UMB Utility Token holders will 1) select Validator Nodes, 2) participate in governance, 3) stake tokens in consensus rounds, and 4) generate rewards for staking tokens.
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Apr 17, 2021 | $1.3753 | Neutral |
| May, 2021 | $ 1.2811 USD | Downside |
| June, 2021 | $ 1.2811 USD | Downside |
| July, 2021 | $ 1.2811 USD | Downside |
| October, 2021 | $ 1.2811 USD | Downside |
| April, 2022 | $ 1.2811 USD | Downside |
UMB Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| Will Umbrella Network rise today? | Our data indicates Umbrella Network will rise today. It's already higher than it's opening price. That's a great sign |
| What will be the highest price of Umbrella Network (UMB) in future? | Our analysis shows Umbrella Network is already past it's immediate all time high, indicating a bearish signal! |
| Will Umbrella Network (UMB) price increase in future? | No. Our algorithms indicate that Umbrella Network (UMB) will experience a significant decline in future. As low as $1.2811/UMB |
| Will an Investment in Umbrella Network (UMB) be profitable or make a loss? | Probably Loss making. |
| What will be the lowest price of Umbrella Network (UMB) in future? | $1.2811 USD |
| Will the price of Umbrella Network (UMB) move downward in future? | Down only |
| At the end of the year, what will be the price of 1 Umbrella Network? | Our analysis shows an end of year prognosis of 1UMB = $1.2811 USD. |
| Where do I buy Umbrella Network? | We have curated some great options. Buy UMB coin here → |
Historical Price Data (USD)
Pay close attention to daily volume fluctuations. Poor volume like UMB has is a good indication of bearishness in the short term.
| Date | Price | Volume |
|---|---|---|
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |
| February 16, 2020 | $0 | $0 |