Bybit Launches New Season of Daily Treasure Hunt Campaign
- Expanded Rewards Pool: Bybit's new season of the Daily Treasure Hunt introduces a total of 300,000 USDT in daily rewards, allowing participants to earn football match tickets and XAUT rewards, significantly enhancing user engagement and platform activity.
- Lower Participation Threshold: Trading tasks start with a minimum trading volume of just 10 USDT, enabling users to accelerate point accumulation through daily trading and special missions, thereby attracting more new users and increasing trading volume.
- Diverse Redemption Options: Participants can redeem points for scratch cards worth up to 1,000 USDT, along with Boost Coupons and VIP Trial Passes, enhancing user experience and increasing customer loyalty.
- Event Timeline: The pre-registration period runs from June 2, with the main event from June 9 to July 14, ensuring users have ample time to participate and accumulate points, further driving user growth and market share for the platform.
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Technical Analysis for MAGIC
Technical Sentiment Analysis for Treasure (MAGIC). As of , Treasure (MAGIC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAGIC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, MAGIC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Treasure (MAGIC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0345 | 0.0387 | 0.0424 | 0.0466 | 0.0503 | 0.0545 | 0.0582 |
| Fibonacci | 0.0387 | 0.0417 | 0.0435 | 0.0466 | 0.0496 | 0.0514 | 0.0545 |
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