Ultima (ULTIMA) is currently priced at $3,447.15, experiencing a slight decline of 0.9018% over the past 24 hours. The daily trading range of $122.56 indicates significant volatility, with a high of $3,499.23 and a low of $3,376.67.

The trading volume stands at 17,878,400, with a volume-to-market cap ratio of 5.19%, suggesting moderate liquidity. Moving averages reveal mixed signals: the short-term averages (8 SMA and 13 SMA) show slight upward momentum, while the longer-term averages (55 SMA and 144 SMA) indicate downward pressure.

The one-hour RSI is at 47, suggesting a neutral market sentiment, while the 7-day RSI is at 43, indicating a bearish trend. Recent price changes over the past 7, 14, and 30 days are negative, with losses of 12.01%, 11.85%, and 21.51%, respectively, reflecting a consistent downtrend.

The all-time high of $22,851 achieved on February 14, 2025, remains a distant target, emphasizing the current challenges in regaining upward momentum. Given the overall technical indicators and the bearish sentiment reflected in the RSI metrics, further downside risks are evident.

Considering these factors, I recommend a Hold rating for Ultima (ULTIMA). The current price levels are approaching support, and while there may be potential for a rebound, the lack of strong bullish signals and the recent downtrends warrant caution before making any buying decisions.