Let's analyze why $HUMA Finance (HUMA) has fallen by 1.15% in the last 24 hours.
First, let's look at the price data. The current value is $0.0321, with a decrease of 1.15% over the day. In the last 7 days, the decline has been 12.38%, and over 30 days - 17.42%. This indicates a downward trend, which likely affects the current decline.
Now for the technical analysis. The RSI (Relative Strength Index) values for 7 days - 36.73, for 14 days - 42.77, for 21 days - 43.98, all below 50, indicating a predominance of bearish sentiment in the market. The MACD histogram is negative, meaning the MACD line is below the signal line, reinforcing the negative outlook. The moving averages (SMA and EMA) for 7 and 30 days are above the current price, acting as resistance levels. Fibonacci retracement levels indicate that the price is close to a local minimum at $0.031015, which may serve as support. If the price drops below this level, the next support may be around $0.03.
Regarding news and public opinion, a partnership with Arf and Geoswift was recently announced to enable same-day settlements in Asia - this is a positive factor. However, the price did not react with an increase, possibly due to the overall market situation. The Fear and Greed Index in cryptocurrency is currently neutral - 45, down from 53 yesterday, indicating weak investor sentiment. The Altcoin Season Index is at 43, having dropped 6.52% in a day, which means that altcoins are underperforming compared to Bitcoin, which may also contribute to the decline of HUMA.
In the news, there was also a Binance event in July 2025 with HUMA rewards for South Asia, which may have caused a temporary increase followed by a sell-off. Additionally, on July 25, 2025, HUMA was added to the Upbit exchange, which initially led to increased trading volumes, but then the price began to fall. Social media posts from August 2025 are optimistic and forecast HUMA to rise to $0.5, but the current price is significantly lower, which may create selling pressure due to unmet expectations.
It is also worth noting that the overall cryptocurrency market has fallen by 1.88% in the last 24 hours, which coincides with HUMA's decline. The total market capitalization stands at $3.87 trillion, down 4.69% for the week. Bitcoin's dominance has slightly increased to 58.62%, which often indicates a flow of funds from altcoins to BTC, creating pressure on coins like HUMA.
In conclusion, the decline in HUMA's price is attributed to a combination of technical resistance levels, negative sentiment towards altcoins, and possibly profit-taking after recent listings and events. The lack of a quick positive reaction to the new partnership may suggest that investors are waiting for more significant adoption metrics before starting to buy again.