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
About PYTH
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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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related coins
Frequently Asked Questions
The current price of PYTH (PYTH) is 0.13660193 USD — it has risen 3.42% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing PYTH price chart.
The current market capitalization of PYTH (PYTH) is 495.18 M USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
PYTH (PYTH) trading volume in 24 hours is 26.85 M USD. See how often other coins are traded in this list.
PYTH price has risen by 0.58% over the last week, its month performance shows a −15.69% decrease, and as for the last year, PYTH has decreased by −76.60%. See more dynamics on PYTH price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
PYTH (PYTH) reached its highest price on Mar 16, 2024 — it amounted to 1.16443976 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 0.10404571 USD on Dec 18, 2024. 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 current circulating supply of PYTH (PYTH) is 10.00 B USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
PYTH has the limit of 10.00 B coins. No matter how the currency evolves, no new coins will be released after this number is reached.
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.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for PYTH (PYTH): today its technical analysis shows the neutral signal, and according to the 1 week rating PYTH shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's neutral. Find inspiration in PYTH trading ideas and keep track of what's moving crypto markets with our crypto news feed.
PYTH (PYTH) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, PYTH is estimated as 3.09% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about PYTH, you can find more inspiration in our curated watchlists.
You can discuss PYTH (PYTH) with other users in our public chats, Minds or in the comments to Ideas.