August 22
Let's figure out why the price of Huma Finance ($HUMA ) has dropped. First, let's look at the provided data. In real-time, the price of HUMA has fallen by 10.15% in the last 24 hours. Technical analysis based on tools includes moving averages, MACD, RSI, and Fibonacci levels. The 7-day RSI value is about 28.99, indicating an oversold condition — this may point to selling pressure.$HUMA
If you look at the news, they are from different times. The most recent news from August 15, 2025, reports a partnership for settlements on the same day in Asia, which sounds positive. However, the price drop happened recently, and it may not be related to this news. The Binance market update from July 29 mentions a promotion with the HUMA token in South Asia, but that was a month ago.
Another article from July 25 talks about the listing of $HUMA on the Upbit exchange, which initially caused a price increase but may have led to profit-taking later. There is user-generated content on CoinMarketCap from August 8 and earlier, with some predicting growth and others discussing a decline.
Technical analysis shows that the price is below key moving averages, and the MACD histogram is negative, indicating a bearish trend. The fear and greed index is neutral, but the overall cryptocurrency market has decreased by 1.12% in the last 24 hours, so HUMA may be following the overall market trend.
A high trading volume is also noted — 25.6 million dollars per day, which may indicate an increase in selling. News from May 2025 mentioned a price drop for HUMA after the launch, but that information is already outdated. Recent posts on social media from August 2025 show that the community is discussing buying opportunities, indicating some uncertainty.
In conclusion, the price drop is likely caused by a combination of technical factors, such as overselling prompting sell-offs, potential profit-taking after the listing on Upbit, and the overall market decline. Recent news about the partnership likely could not offset these factors. Meanwhile, the RSI indicates the possibility of a rebound if buyers emerge, but the MACD remains bearish for now.#HumaFinance @Huma Finance 🟣
