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Pyth Time Is Coming The cryptocurrency pair comprising of the Pyth token and Tether (USDT) is currently exhibiting signs that a new All-Time High (ATH) might be on the horizon. The market trend for this pairing appears to be bullish, with buyers demonstrating increasing interest in the asset. There is a possibility of a substantial bullish movement ranging between 60% to 80% if the resistance level indicated by the trendline is breached. It is important to note that the information provided is for informational purposes only and should not be considered as financial advice.
PYTH price "is trending", but in which direction?)For a couple of days now, PYTH has been in various "ratings of interesting coins," so let's write a few words about what we see on the chart.
The fact that after +50% growth in early February, each daily candle closes with a shadow on top is not good for buyers. This means that someone is selling PYTHUSDT quite aggressively in the range of $0.48-0.52.
Now, a correction of at least $0.42-0.43 is very much needed.
And then it will be seen:
- whether the hype and pump will continue at least to $0.70
- or the correction will continue to the range of $0.30-0.33 for a safer purchase.
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