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The Ultima price soared 16% in the last week and almost 2% in the last 24 hours to trade at $22,468 as of 11:26 p.m. EST on trading volume that plunged 9% to $11.8 million.
Ultima Price On A Sustained Uptrend
The ULTIMA price weekly chart displays a strong bullish trend, marked by a classic parabolic curve pattern that has completed its breakout phase.
A key feature of this chart is the breakout above the long-standing descending trendline (in blue), which previously acted as strong resistance.
Additionally, the Ultima price has decisively breached the purple resistance zone around $9,455 which had been a critical supply area for months. This area may now serve as a strong support level, providing a potential floor for future price pullbacks.
The 50-period Simple Moving Average (SMA) on the weekly chart is currently positioned at $6,751.13, significantly below the current price level. This wide gap indicates strong bullish momentum.
Meanwhile, the Relative Strength Index (RSI) stands at 88.08, well above the 70 threshold, indicating extremely overbought conditions. While this suggests that ULTIMA is currently overvalued and could face short-term selling pressure, it also reflects the strength of the recent bullish momentum.
ULTIMA Price Prediction
Given the bullish breakout and strong upward momentum, the price of Ultima appears poised for further gains in the medium to long term.
If the Ultima price holds above the purple support zone and consolidates, the next potential target could be the psychological level of $25,000, followed by $30,000 if bullish sentiment persists.
Conversely, failure to maintain current levels may see the price retracing towards the $15,000 to $17,000 range, where significant buying interest could emerge.
In the meantime, investors are flocking to the presale for Best Wallet (BEST), which according to ClayBro, a popular YouTuber with over 136K subscribers, is one of the best crypto wallets for 2025.
Best Wallet Presale Garners Over $10.1 Million In Presale
The Best Wallet token presale has gone viral, racing past the $10 million mark. This kind of early success has traders buzzing about the project’s potential.
Best Wallet aims to be a one-stop shop for managing all your crypto, whether you’re a complete newbie or a seasoned trader.
With a user-friendly design, advanced features, and high staking rewards, many see the project as the future of crypto wallets.
Unlike MetaMask, which is primarily Ethereum-focused, or Trust Wallet, which is great for beginners, Best Wallet supports over 60 blockchains.
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— Best Wallet (@BestWalletHQ) December 30, 2024
That means you can manage everything from the top altcoins to the latest up-and-coming tokens all in one place.
Among the many features offered, one stands out: the “Upcoming Tokens” section. This feature helps users discover promising projects that are still in the early stages.
The project’s success in identifying high-potential projects is clear. It’s identified early tokens including Pepe Unchained (PEPU) and Catslap (SLAP), meme coins that delivered 500% and 3,000% gains, respectively, for early investors.
Currently, BEST tokens are priced at $0.024025. Those interested in joining the project should buy BEST before a price hike in about 35 hours. Investors can also stake BEST tokens for a huge 163% APY.
Purchase BEST here before the next presale price hike to lock in the best rate.
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