MYX Finance Price: MYX Soars To New All-Time High, But Experts Say This Wallet Token Is The Best Crypto To Buy Now

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MYX Finance Price
MYX Finance Price

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The MYX Finance price surged 57% in the last 24 hours to trade at $1.63 as of 10:50 a.m. EST as investors rush to buy the crypto.

In the last few hours, the MYX price was able to reach a new all-time high (ATH) at $2.13. It has since retraced over 22% to trade at its current level.

MYX Finance Price Bounces From Support, Will It Keep Climbing?

MYX Chart Image

4-hour chart for MYX/USD (Source: GeckoTerminal)

The MYX Finance price bounced off of the support level at $1.3699 in the last couple of hours, data from GeckoTerminal shows. As a result, the altcoin is now heading towards the immediate resistance level at $1.9789. If the crypto manages to break above this barrier in the next 24 hours, it could go on to set a new ATH.

However, a rejection from the $1.9789 resistance or a sudden selloff could lead to a retest of the aforementioned $1.3699 support. A drop below this level might then result in a plunge to the subsequent support level down at $0.9243 if the bearish pressure persists. 

Technicals Suggest The MYX Finance Price Might Undergo A Brief Pullback

From a technical point of view, indicators on the 4-hour chart warn of a short-term pullback. More specifically, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) suggest some bearish pressure could soon enter the altcoin’s charts.

That’s as the MACD line drops towards the MACD Signal line, a classic indication of weakening bullish momentum. If the prior continues to slide towards the latter, it could result in a bearish crossover. Traders might then react to this technical development and start to open up short positions for the MYX Finance price.

Buyers do, however, still have an upper hand in terms of strength over sellers, with the RSI currently positioned above the neutral 50 mark. This suggests that any change in momentum might only result in a brief correction. 

What’s more, the latest RSI value in the low 60s indicates that there is still room for the MYX Finance price to climb before it enters overbought territory. 

With a possible correction on the cards for the MYX Finance price, traders are flocking to the presale for Best Wallet (BEST). Crypto Boy, a popular crypto analyst on YouTube with over 61.5K subscribers, says it is one of the best cryptos to buy now.

A Wallet Packed With Features For Both Beginners And Experts

Best Wallet is a new crypto wallet solution that made its debut in the market late last year and is already making waves in the crypto space. With its range of features and user-friendly interface, it’s easy to see why it’s so popular. 

From an in-app staking platform, to a native decentralized exchange (DEX) and so much more, Best Wallet caters to both crypto newcomers and veterans. It also offers support for over 60 blockchains, as well as the thousands of cryptos that are deployed on them.

Of all of the features that Best Wallet has to offer, its “Upcoming Tokens” section is gaining the most attention. This feature flags high potential cryptos that are still in their early stages, and has already caught Pepe Unchained (PEPU) and Catslap (SLAP). These meme coins went on to print massive gains for early investors.

Best Wallet Token tweet

Users are also able to import their wallets from across the Web3 ecosystem, making portfolio management that much simpler. While consolidating wallets into a single platform, investors can rest assured that they are protected by best-in-class security.

Not only is Best Wallet a non-custodial solution, meaning private keys are not stored on a server somewhere, the wallet also comes with biometric access control. 

BEST Presale Heads For $15 Million

Investors have already injected over $14.5 million into Best Wallet’s ongoing presale, signaling strong confidence in the project’s future.

The impressive raise could be because of the additional perks BEST holders unlock, including higher staking rewards, lower transaction fees, early access to new projects, and the ability to participate in Best Wallet’s governance. 

There’s still time left for investors to get BEST during this presale stage. Selling for $0.025445, the token can be bought with either crypto or bank card via the simple widget embedded on the project’s site. Alternatively, BEST can also be purchased directly in the Best Wallet app.

To secure the lowest presale price, investors will want to act fast. BEST’s price will rise as its presale progresses. The next ICO price hike is in around 17 hours.

Visit the official Best Wallet website to learn more. 

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