Latest Major (MAJOR) Price Analysis

Deep Dive

1. Play-to-Earn Event Surge (Bullish Impact)

Overview:
Major Puzzle Durov, a Telegram-based play-to-earn platform, launched its September 2025 series on August 31, offering crypto rewards for puzzle-solving. The event aligns with MAJOR’s utility as a reward token, driving demand.

What this means:
Increased user activity likely spurred short-term buying pressure, as participants acquire MAJOR to engage with the platform. The event’s timing (August 31–September 3) coincides with MAJOR’s 24h price uptick.

What to look out for:
Sustained trading volume post-event and user retention metrics on Major Puzzle Durov.

2. Technical Rebound from Oversold Levels (Mixed Impact)

Overview:
MAJOR’s RSI (14-day) hit 18.49 (oversold) on July 29, per community data, before recovering to 47.5 as of September 9. The MACD histogram also turned positive (+0.00056), signaling a potential bullish crossover.

What this means:
Traders likely capitalized on oversold conditions, creating a technical bounce. However, resistance remains near the 30-day SMA ($0.1623), limiting upside.

What to look out for:
A close above $0.1623 (SMA 30-day) to confirm bullish momentum.

3. Telegram Ecosystem Developments (Neutral Impact)

Overview:
Telegram’s NFT gift marketplace (@Portals) and TON blockchain adoption have drawn attention to MAJOR’s ecosystem. While MAJOR isn’t directly tied to TON, broader Telegram-linked projects have seen speculative interest.

What this means:
Indirect hype around Telegram’s Web3 expansion may have contributed to MAJOR’s price action, though the link remains tenuous.

Conclusion

MAJOR’s 24h gain reflects event-driven demand and technical factors, but its longer-term downtrend (-30.91% over 90 days) highlights persistent challenges. Key watch: Can MAJOR hold above $0.16 if the broader crypto market stabilizes?

Deep Dive

1. Play-to-Earn Catalyst Exhaustion (Bearish Impact)

Overview: MAJOR’s price dipped after the September 3 launch of its Telegram-based puzzle game, Major Puzzle Durov. Despite offering crypto rewards, the event failed to sustain buying momentum.
What this means: Traders likely “sold the news,” a common pattern when anticipated catalysts don’t spark fresh demand. The 23.8% surge in trading volume during the drop supports this theory.

2. Technical Resistance at Key Levels (Mixed Impact)

Overview: MAJOR faced rejection at its pivot point ($0.158) and 30-day SMA ($0.163). The MACD histogram turned positive (+0.000428), but RSI (47.4) shows neutral momentum.
What this means: Bulls lack conviction to push past resistance, while bears capitalize on weak bids. A close below the 7-day SMA ($0.155) could signal further downside.

3. Altcoin Market Dynamics (Bearish Impact)

Overview: While the Altcoin Season Index surged 66% in 30 days, MAJOR’s 30-day return (-14.6%) lags behind ETH (+43.9% in May) and top AI tokens like FET.
What this means: Investors are favoring narratives like AI and DeFi over gaming tokens, starving MAJOR of fresh capital.

Conclusion

MAJOR’s dip reflects profit-taking after a lukewarm game launch, technical headwinds, and sector rotation. While oversold RSI levels (28.58 on Aug 6) hint at potential relief, reclaiming $0.158 is critical for trend reversal.
Key watch: Can MAJOR hold $0.15 support amid rising altcoin liquidity post-Binance’s zero-fee promotions?