Here’s why Humanity Protocol’s (H) market is shaky despite 10% rally
Humanity Protocol's (H) price rallied over 10% in 24 hours, making it one of the top performers among major cryptocurrencies. The surge was driven by a 148% spike in spot volume, largely from Binance, alongside increased institutional interest and social buzz following a new 2026 roadmap announcement. The token broke out of a three-week consolidation phase, with technical indicators like the Trend Strength Index suggesting further upside potential. However, the rally is weakening due to profit-taking, as holders transferred significant amounts to exchanges like Bybit, KuCoin, and Gate.io. Additionally, an upcoming unlock of 105 million H tokens on January 25 threatens to increase selling pressure, casting doubt on the sustainability of the recent gains.
ambcrypto01/17 04:02