PYTH: Completed Double Combo#Pyth has been in a bearish trend since Mar 2024, partly due to poor tokenomics.
However, it seems to have completed a double combo correction, that potentially ended with a bounce from the trend-based Fib extension at $0.10 which could be a possible bottom for this token.
Key stats
Perfect Time to Long PYTH – Targeting $0.50-$0.55, Then $1-$1.15PYTH is showing a strong setup for a long position. A move to the $0.50-$0.55 range looks likely, with the next key resistance at $1-$1.15 if market momentum mirrors February-March 2024.
Fundamentally, Pyth Network has gained dominance due to Solana's high-speed, low-cost infrastructure, which alig
Why #PYTHLooks Like a Promising Trade OpportunityWhy #PYTH/USD Looks Like a Promising Trade Opportunity
I've been closely monitoring the performance of PYTH/USD, and based on the recent price action and technical indicators, I believe we have a solid trade setup here. Let's dive into the details:
1. Descending Wedge Breakout Potential: As shown
📉📈 PYTH Support and Potential Upside! 🚀💹
📊 Analysis:
Support Zone: PYTH is compressing down to $0.905, indicating a support zone.
Building Up: Signs of building up are observed in this support area.
Laddering In: Consider laddering into positions at this level.
Next Support: If $0.905 fails, next support likely at $0.80.
📈 Trade Plan:
📈 PYTH Trade Analysis 📉📊 Market Observation:
Current Movement: PYTH is approaching a significant area of interest where previous resistance levels could turn into support.
Fibonacci Level: The 0.618 Fibonacci level aligns with this area of interest, adding to its significance.
Strategy: Dollar-Cost Averaging (DCA) will b
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Frequently Asked Questions
PYTH (PYTH) reached its highest price on Dec 4, 2024 — it amounted to 0.554703 USD. Find more insights on the PYTH price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
PYTH (PYTH) reached the lowest price of 0.103873 USD on Apr 7, 2025. View more PYTH dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying PYTH is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade PYTH right from TradingView charts — just choose a broker and connect to your account.
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