Humanity Protocol (H) Price Surges Amid Strong Market Recovery
- Significant Price Surge: The price of Humanity Protocol (H) has jumped approximately 24% within 24 hours to around $0.34, surpassing Bitcoin, indicating strong buying interest and reflecting investor confidence in its future performance.
- Successful Support Defense: After testing the support zone between $0.1996 and $0.218, the H price rebounded sharply as buyers aggressively defended the $0.20 support level, suggesting a shift in market sentiment towards optimism and potential for further upward movement.
- Surge in Trading Volume: During the rebound, spot trading volume on Bybit increased by over 155%, indicating an influx of fresh capital into the market, which enhances the sustainability of the price rise and further solidifies H token's market position.
- Successful Token Unlock Absorption: Approximately 105 million H tokens, worth around $26 million, entered circulation, and despite typically creating selling pressure, the market absorbed this new supply well, demonstrating strong demand from buyers and the resilience of the market.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 4 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 crypto.
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 | 0.0371 | 0.0438 | 0.0493 | 0.056 | 0.0615 | 0.0683 | 0.0738 |
| Fibonacci | 0.0438 | 0.0485 | 0.0514 | 0.056 | 0.0607 | 0.0636 | 0.0683 |
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