Animoca Brands Plans Reverse Merger to Propel 2026 Utility Token Surge
- Market Underperformance: Bitcoin's fourth consecutive annual decline in 2025 reflects misplaced optimism regarding Trump's political influence, leading to liquidity strains, particularly in meme coins linked to political figures, indicating a mispricing in the crypto sector.
- Reverse Merger Strategy: Animoca Brands plans to go public through a reverse merger with Nasdaq-listed Currenc Group, aiming to create a liquid proxy for altcoin and Web3 exposure, thereby providing retail investors with diversified investment opportunities beyond traditional Bitcoin holdings.
- Anticipated Regulatory Clarity: The expected passage of the Clarity and GENIUS Acts could catalyze the tokenization of real-world assets, fostering broader adoption and offering the legal certainty that has been previously lacking, which is crucial for the industry's maturation.
- Rise of Utility Tokens: Siu envisions 2026 as the year of utility tokens, driven by a renewed focus on products with real-world applications, as regulatory barriers ease and established companies launch tokens tied to tangible assets, signaling a shift from speculation to sustainable growth in the crypto industry.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR) As of , Major (MAJOR) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.061 | 0.0687 | 0.0775 | 0.0852 | 0.094 | 0.102 | 0.111 |
| Fibonacci | 0.0687 | 0.075 | 0.0789 | 0.0852 | 0.0915 | 0.0954 | 0.102 |
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