The crypto market is in turmoil as investors are trying to gauge the market sentiment. Among the top performing tokens and top gainers, there is another category of token which have recovered well after falling hard. Huma Finance, JOE, and XPIN are some of the tokens that have made a comeback in grand style.
Huma Finance loses more than 5% in the last 24 hours
Backed by strategic partners, including Solana, Circle, Stellar Development Foundation (SDF), Galaxy Digital, Huma Finance is the first Pay-Fi network. The pioneer Pay-Fi network enables payment institutions to “settle payments 24/7 using stablecoins and on-chain liquidity, bringing speed, transparency, and efficiency to traditionally slow financial infrastructure.”
24 Price Change: -6.82%
Trading volume change: 33.84%
On the weekly chart, the Huma Finance platform’s token HUMA spiked yesterday from $0.028 to over $0.035 after nearly a month. The token is currently searching for a support level on the weekly chart; however, on the higher time frames, HUMA is still on an uptrend. Only a break below $0.029 could dismantle the tokens’ uptrend on the higher time frames.
JOE’s downtrend subsides into consolidation
24 Price Change: -4.34%
Trading volume change: 38.93%
Founded by Cryptofish and 0xMurloc, two pseudonymous developers, LFJ is a decentralized exchange (DEX) on the Avalanche (AVAX) blockchain. The DEX offers DeFi services, such as swapping, staking, and yield farming. JOE (JOE) is the native token of LFJ.
JOE has been on a downward trend during the past week, making lower highs. However, the strength of the downtrend seems to have subsided, and the token is consolidating close to $0.17. In the event the JOE slips below $0.17, there is always help readily available just above $0.16. Just HUMA, although JOE looks bearish on the shorter timeframes, the token is still on an uptrend on the higher time frames.
XPIN Network (XPIN) consolidates after a deep fall
XPIN aims to build global, blockchain-based wireless connectivity outside of traditional telecom infrastructure. It appears to combine DePIN (Decentralized Physical Infrastructure Network) with payment/finance capabilities (PayFi), letting users earn rewards by providing connectivity services or participating in the network.
24 Price Change: -2.34%
Trading volume change: 1.44%
After consolidating during the first part of the past week, XPIN has just broken down. The token crashed from $0.0015 to $0.0009. XPIN bulls tried to push the price past $0.001, a psychological resistance level, but were met with resistance. These three tokens have not just turned around their bearish sentiment, but they have made a statement
