Why is UMA Price Up Today? Analyst Sees Potential Bullish Turnaround

Decentralized financial contract protocol UMA has seen its native token surge higher over the last 24 hours, rallying over 16% to currently trade around $4.76. The push to new local highs comes as bulls bought up a retest of key support around $3.95. UMA’s current market cap stands at $367 million with a trading volume