- Midnight (MIDNIGHT) continues to hold around 9% gains from Monday, as bullish momentum remains intact and buyers set their sights on the key psychological resistance at $0.10.
- Humanity Protocol (HPT) extends its rally, rising nearly 3% on Tuesday, marking its fourth consecutive session of gains amid sustained demand for emerging protocol tokens.
- MYX Finance (MYX) trades sideways after a nearly 4% surge on Monday, with price action stabilizing as buying pressure continues to build, suggesting potential for further upside if volume expands.
Midnight (NIGHT), Humanity Protocol (H), and MYX Finance (MYX) sustain upward momentum, emerging as top gainers over the past 24 hours. Midnight and Humanity Protocol continue their recovery, while MYX Finance inches closer to a bullish flip on the Supertrend indicator.
Midnight extends recovery, eyes $0.10
As of Tuesday, Midnight holds steady above $0.095, following a 9% surge on Monday. The bullish start to the week saw the price cross the Supertrend line near $0.093, triggering a buy signal and signaling the start of a new bullish cycle.
If the NIGHT token reclaims the $0.100 level, it could target the R1 Pivot Point at $0.117, followed by a challenge of its all-time high of $0.119 recorded on December 22.
The Relative Strength Index (RSI) reading of 66 on the 4-hour chart signals strong buying pressure. Additionally, the Moving Average Convergence Divergence (MACD) points to a steady upward trend, reinforcing the persistent bullish momentum.
NIGHT/USDT 4-hour logarithmic chart.
On the downside, a potential breakdown below $0.090 could extend the decline toward the 50-period Exponential Moving Average (EMA) at $0.0848, signaling further bearish pressure.
Humanity Protocol’s Reversal Faces Key Resistance Level
Humanity Protocol (H) reverses upward from $0.1500, marking its fourth consecutive day of gains. As of Tuesday, the token is up nearly 3%, aiming to break above the 61.8% Fibonacci retracement level at $0.1780, calculated from the October 24 high of $0.4010 to the December 7 low of $0.0467 on the daily logarithmic chart.
A decisive close above this resistance could extend the rally toward the 78.6% Fibonacci retracement level at $0.2532.
The Relative Strength Index (RSI) at 61 supports a broad upward trend on the daily timeframe, signaling sustained bullish pressure. However, the MACD on the same chart risks crossing below the signal line, potentially indicating a bearish shift in momentum.
H/USDT daily logarithmic chart.
If Humanity Protocol reverses from $0.1764, it could retest the 50% Fibonacci retracement level at $0.1369.
MYX Finance Inches Closer to a Fresh Bullish Trend
MYX Finance trades above $3.50 as of Tuesday, following a nearly 4% gain on Monday. The token is on the verge of crossing the Supertrend indicator at $3.62, which would trigger a renewed uptrend and generate a strong buy signal.
The immediate resistance level for MYX’s recovery stands at $4.46, marked by the October 5 low.
The Relative Strength Index (RSI) at 61 is approaching the overbought zone, signaling increasing buying pressure. Meanwhile, the MACD continues to rise with green histogram bars after crossing above the signal line on Friday, indicating strengthened bullish momentum.
MYX/USDT daily logarithmic chart.
On the downside, the 50-day EMA at $3.25 could act as immediate support, helping to limit any potential pullback.
Sources: Fxstreet
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