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#MYS
The price of MYX/USDT is currently around 15.498 USDT, showing a drop of over 7% in the last 24 hours. The chart is moving inside a parallel upward channel, but the price is now testing the lower boundary of this channel. Over the past day, MYX has shown high volatility with a 24h high at 18.65 and a low at 15.12.
Short-term momentum looks bearish as the MA(7) at 16.71 is above the current price, while the MA(25) at 12.82 still supports the medium-term uptrend. The MA(99) at 4.14 remains far below, keeping the long-term bullish outlook intact. RSI is at 45, which is a neutral zone but leaning slightly bearish, showing neither oversold nor overbought conditions.
Strong resistance is observed around 18.65, where the price has been rejected multiple times. Immediate support lies near 15.10–15.20, close to the channel bottom. If this support breaks, the next major level is around 11.85. On the upside, if the support holds, a bounce towards 16.7–17.5 could occur.
Volume is gradually declining, which signals weakening buying pressure. Overall, the trend appears short-term bearish within the channel, but mid-term bullish as long as the channel structure remains valid.
$MYX #MYX
The price of MYX/USDT is currently around 15.498 USDT, showing a drop of over 7% in the last 24 hours. The chart is moving inside a parallel upward channel, but the price is now testing the lower boundary of this channel. Over the past day, MYX has shown high volatility with a 24h high at 18.65 and a low at 15.12.
Short-term momentum looks bearish as the MA(7) at 16.71 is above the current price, while the MA(25) at 12.82 still supports the medium-term uptrend. The MA(99) at 4.14 remains far below, keeping the long-term bullish outlook intact. RSI is at 45, which is a neutral zone but leaning slightly bearish, showing neither oversold nor overbought conditions.
Strong resistance is observed around 18.65, where the price has been rejected multiple times. Immediate support lies near 15.10–15.20, close to the channel bottom. If this support breaks, the next major level is around 11.85. On the upside, if the support holds, a bounce towards 16.7–17.5 could occur.
Volume is gradually declining, which signals weakening buying pressure. Overall, the trend appears short-term bearish within the channel, but mid-term bullish as long as the channel structure remains valid.
$MYX #MYX
$MYX MYX Finance Gradually Heading Towards Mid-Cap Status (More than $2B) Value
Data from CoinMarketCap shows #MYS performing well with more than 20% spike.
What’s more, trading volume is soaring.
The project is still a low cap one but consistent investor demand could lead the coin to reaching new price milestones and this could reflect positively in its valuation.
Is a $2 billion valuation possible for MYS?
#crypto #trends
Data from CoinMarketCap shows #MYS performing well with more than 20% spike.
What’s more, trading volume is soaring.
The project is still a low cap one but consistent investor demand could lead the coin to reaching new price milestones and this could reflect positively in its valuation.
Is a $2 billion valuation possible for MYS?
#crypto #trends
#MYS Momentum Drivers & Market Sentiment
A CoinStats report notes an extraordinary ~20x surge in value in August, pushing the market cap above $200M. This explosive rally triggered speculation of potential manipulation, as a large token unlock occurred today—38.99 million tokens, previously worth about $3.9M, now valued at $59M, were released.
The wake of the unlock saw Hack VC—an early investor—offloading 1.28M $MYX (~$2.15M) into the market via two addresses, intensifying volatility.
A CoinStats report notes an extraordinary ~20x surge in value in August, pushing the market cap above $200M. This explosive rally triggered speculation of potential manipulation, as a large token unlock occurred today—38.99 million tokens, previously worth about $3.9M, now valued at $59M, were released.
The wake of the unlock saw Hack VC—an early investor—offloading 1.28M $MYX (~$2.15M) into the market via two addresses, intensifying volatility.
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