Crypto's 24-Hour Rally: Regulatory Changes, New Listings, and Major Transactions Transform the Market
New SEC Guidance: The SEC's new innovation exemption for crypto firms introduces a structured path for regulatory oversight, aiming to support development while adapting to digital asset structures.
Major Platform Activity: Platforms like Binance and Coinbase are accelerating asset inclusion with new listings and perpetual contracts, enhancing liquidity and supporting growth in emerging blockchain networks.
Acquisitions and Partnerships: Kraken's acquisition of Backed Finance and Trust Wallet's integration of Myriad Markets highlight ongoing expansion and alignment with tokenization trends in the financial sector.
Funding and Market Development: Kalshi's recent $1 billion funding round underscores increasing investment in the crypto space, particularly in prediction markets, and signals a strengthening operational capacity for future growth.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR) As of , Major (MAJOR) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MAJOR 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 stock.
Support, Resistance & Moving Averages From a structural perspective, MAJOR 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 $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0617 | 0.069 | 0.0773 | 0.0846 | 0.0928 | 0.1 | 0.108 |
| Fibonacci | 0.069 | 0.075 | 0.0786 | 0.0846 | 0.0905 | 0.0942 | 0.1 |
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