Huma Finance$HUMA increased by 1.91% in the last 24 hours, which is below the overall cryptocurrency market average (-0.62%). This growth occurred after a sharp decline over the past 30 days (-30.1%) and coincided with positive technical signals and news of new institutional interest. Key factors:
Technical rebound after oversold conditions – RSI at 30.4 (approaching the oversold zone), which triggered short-term purchases.
Expansion in Japan – partnerships and events in Tokyo and Osaka (August 22-27) improved investor sentiment.
Altcoin season momentum – capital flowed into mid-cap coins, the Altcoin Season Index rose by 22% in a day.
The increase of $HUMA in the last 24 hours reflects a technical rebound amid growing institutional interest in Asia; however, macroeconomic factors (30-day decline, low turnover ratio of 0.378) limit confidence in further growth.
