Harmony's 15min chart sees KDJ Golden Cross and Bullish Marubozu.

The 15-minute chart for Harmony has recently triggered a KDJ Golden Cross, accompanied by a Bullish Marubozu at 09/05/2025 11:15. This suggests a shift in momentum towards a more positive trend, with a potential for further price increases. The indication is that buyers are in control of the market and are driving the bullish momentum forward.

Title: PUMP Token's Price Surges Amid Buybacks and Strategic Overhaul

PUMP price has been experiencing a significant rally over the past week, with the token reaching new heights and displaying strong technical indicators. The latest data from crypto.news indicates that Pump.fun has bought back over $12 million worth of PUMP tokens, contributing to a 40% price increase over the past week [1]. This buyback has reduced the circulating supply, increasing scarcity and potentially supporting the token's price gains.

The recent surge in PUMP's price can also be attributed to renewed investor hype. On September 4, PUMP briefly surpassed Hyperliquid, a decentralized exchange and Layer 1 blockchain, in 24-hour revenue. This event has sparked interest among retail investors, driven by FOMO (fear of missing out) [1].

Additionally, Pump.fun's strategic overhaul, known as Project Ascend, has been instrumental in boosting the token's value. Introduced on September 2, Project Ascend focuses on empowering creators on the Pump.fun platform and aims to scale its ecosystem by 100x. This initiative not only strengthens the long-term viability of memecoins launched through the platform but also attracts more users and investors [1].

Further analysis shows that PUMP's price is currently trading within an ascending parallel channel pattern on the 4-hour chart. The token is approaching a breakout above $0.0046, a key resistance level that must be surpassed to confirm further upside momentum [1]. The 50-day simple moving average has recently crossed above the 200-day SMA, forming a golden cross, a classic bullish signal that strengthens the case for continued gains in the short term [1].

Based on these technical indicators, PUMP is likely to remain within the ascending channel, with the next target at the $0.0050 psychological resistance. A decisive move above this threshold could pave the way for a rally toward $0.0058, the level projected by the 161.8% Fibonacci extension. The target remains 29% above the current price level [1].

Conversely, a drop below $0.0042 would invalidate the bullish structure and could open the door to a potential reversal [1].

References:
[1] https://crypto.news/pump-price-eyes-29-rally-backed-by-token-buybacks-and-fresh-demand/