MYX Finance Surges 10%—Will It Shatter the $3 Barrier in November 2025?
MYX Finance just blasted past expectations with a double-digit rally—traders are now eyeing the $3 resistance like Wall Street eyes a bailout opportunity.
Breaking Down the Momentum
The token’s 10% surge isn’t just noise; it’s a liquidity-fueled rocket ride. No fluff, no hype—just price action that’s got degens and institutional sharks circling.
Can It Hold?
Every crypto pump faces the same question: sustainable breakout or dead-cat bounce? Technicals suggest upside, but remember—this is crypto, where ‘fundamentals’ often mean ‘whose Twitter account pumped it.’
Closing Thought
If MYX clears $3, champagne corks pop. If not? Well, there’s always another ‘next big thing’ in DeFi—until the SEC calls it a security.
MYX Finance just turned heads with a sharp 10.26% single-day price burst and a 21.63% weekly rally. Thereby, breathing life into traders seeking fireworks in a sleepy market. Wondering what changed? First, MYX’s recent chainlink integration upgrades its infrastructure, making it far more attractive and usable. Second, technical traders noticed a solid breakout.
And third, speculative bets are back in play, hinting that market sentiment wants more action. Still, a shadow looms, as MYX price is trading 80.82% below its September peak of $19.01, a clear signal that risks remain. Next up, token unlocks worth 39M could rattle bulls if sellers show up, so this surge needs strong hands to stick.
MYX Price Action
Looking at the chart, I see a powerful technical picture emerging for MYX Finance. The price pushed back above the 7-day SMA at $2.31, then broke through the $2.47 pivot. Not only that, the MACD histogram ticked positive at +0.21. The RSI currently reads 55.36, balancing Optimism but staying safely out of overbought territory.
Successively, the price structure is even more convincing. MYX crossed the key Fibonacci 50% retracement level at $2.96 on November 11, turning this into a battleground for bulls versus bears. Now, trapped shorts likely cluster around $3.24, and if buyers keep pushing, a squeeze could unfold. If MYX price closes above $2.96, a run toward $3.60 looks possible within days, potentially by mid-November if momentum stays.
How bullish does this look? As long as the price holds $2.31 and closes above $2.96, I expect a steady climb with pullbacks staying shallow. If momentum wanes and sellers take control, especially after a failed $2.96 test, we could revisit $2.25 support quickly. In that scenario, a drop below $2.25 might open room for a deeper correction.
FAQs
Is MYX Finance price still in an uptrend?Yes, MYX price regained key moving averages and pivot levels. MACD is bullish and RSI stays healthy, suggesting the uptrend remains intact, especially if $2.96 breaks soon.
How strong is the current bullish momentum for MYX?Momentum looks strong. The MACD is positive, and buyers have reclaimed major resistance. As long as volume picks up and price stays above $2.47, bulls have the upper hand.
What signals a bearish reversal for MYX?A daily close below $2.31 or a fast move under $2.25 WOULD hint at a trend reversal. Also, watch for dropping volume and momentum loss, as these often lead to deeper corrections.
