• Lombard drops 3% on Thursday after a 55% rally the previous day on the US Fed's clarification on tokenized securities.
• Humanity Protocol extends gains by 4% on Thursday, building on the 43% surge the previous day.
• OKB rises roughly 3% after a 24% jump on Wednesday on the NYSE’s investment at a $25 billion valuation.

Lombard (BARD), Humanity Protocol (H), and OKB (OKB) rally over the last 24 hours, securing the top-gainer spots in the early Asian session. The US Federal Reserve (Fed) issued clarity on tokenized securities, which expands its utility and reduces regulatory friction with US banks, driving the Real-World Assets (RWA) tokenization crypto projects. Meanwhile, OKB rallies on the investment from the New York Stock Exchange’s parent company, which valued the crypto exchange at $25 billion. 

Technically, the intense rally among the top gainers is approaching key resistances, which could cap the upside. 

Lombard hits an all-time high on a single-day surge

Lombard is down 3% at press time on Friday, retracing lower after a 55% rally on the previous day. The rally aligns with the US Fed’s decision to allow the inclusion of tokenized securities in the US banking system. 

The R3 Pivot Point at $1.70 capped the rally, resulting in the intraday pullback. If BARD exceeds this level with a daily close, it could open the door to the R4 Pivot Point at $2.00.

The momentum indicators on the daily chart are skewed bullish following the Thursday rally. The Moving Average Convergence Divergence (MACD) rises higher into the positive territory as bullish histograms expand, suggesting a steady increase in buy-side momentum. Meanwhile, the Relative Strength Index (RSI) at 84 signals overbought conditions, increasing the chances of a pullback as buying pressure cools from oversaturated levels. 

On the flip side, an extended pullback in BARD could find the R2 Pivot Point at $1.41 stands as an immediate support level. 

Humanity Protocol eyes further gains

Humanity Protocol rallied 43% on Thursday, extending gains above its 200-day Exponential Moving Average (EMA) at $0.1209. At the time of writing, H is up 4% on Friday, approaching the $0.2000 round figure. 

The immediate resistance for H lies at the 78.6% Fibonacci retracement level at $0.2532, measured from the October 24 high of $0.4010 to the December 7 low of $0.0467. 

The MACD indicator flashes a buy signal with a bullish crossover slightly below the zero line. Meanwhile, the RSI at 62 flattens out before reaching the overbought zone, suggesting a cooldown in buying pressure.

On the flip side, a reversal to the downside could test the 50% retracement level at $0.1369. 

OKB rally tests the 200-day EMA

OKB is up roughly 3% at press time on Friday, extending the 24% rally from the previous day. An investment by NYSE’s parent company in the OKX exchange, valued at $25 billion, fueled the price of OKB, the exchange's native token, on Thursday. 

However, the declining 50-, 100-, and 200-day EMAs maintain a bearish bias and cap the recovery. For a sustained upward trend, OKX should secure a daily close above the 200-day EMA at $104 could extend the rally to the 50% retracement level at $124, measured from the August 22 high of $258 to the February 6 low of $60

The RSI is at 72 on the daily chart, stepping into the overbought zone, while the MACD crosses above the signal and zero lines as the bullish histogram widens. 

Looking down, a reversal in OKB could put the 50-day EMA at $87 to the test, close to the 23.6% Fibonacci retracement level at $84.