#Huma
Quick Analysis of HUMA/USDT Currency
1. Current Price and Movements
Current Price: 0.06780 USDT
24-Hour High: +578%
24-Hour Highest Price: 0.10600
Lowest Price: 0.01000
This reflects a significant price explosion that may be due to a new listing, an important announcement, or a sudden liquidity pump.
2. Technical Indicators (RSI, MACD, MA):
RSI (6): Approximately 44.65
Indicates that the market is not currently in an overbought or oversold area, but is closer to neutral with a slight downward bias.
MACD: Negative difference (DIF - DEA = -0.00130) indicates a slowdown in upward momentum and a correction or stabilization phase may begin.
Moving Averages:
MA(7): 0.06732
MA(25): 0.06911
The current price is below both averages, indicating slight downward pressure in the short term.
3. Additional Indicators:
Wm %R (Williams %R): -71.52 indicates that the currency is close to the oversold area, which may suggest it is nearing support or a temporary bottom.
4. Fundamental Analysis from the Information Page:
Market Capitalization: $116.71M
Fully Diluted Market Cap: $673.35M
Total Supply: 10 billion HUMA, with 1.73 billion circulating
All-Time Highest Price: $0.1183
All-Time Lowest Price: $0.0646 (close to the current price)
Conclusion and Recommendations:
The currency has experienced a very strong pump of +578%, and it is normal for a correction to follow.
Momentum has started to weaken according to MACD and RSI indicators.
Points
If the price holds above 0.0650, it may indicate the formation of a support base.
Breaking below 0.0600 with a strong downward candle may indicate further decline.