MYX Finance Price Prediction: MYX Pumps 87% After ByBit Perpetual Contract Listing, But Experts Say This Wallet Token Could Soar 10X

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MYX Finance Price
MYX Finance Price

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The MYX Finance price has pumped 87% in the last 24 hours to trade at $1.60 as of 1:24 a.m. EST on a 104% surge in trading volume to $265 million.

The surge comes after ByBit announced the listing of a MYX/USDT Perpetual Contract, which is now live on ByBit Contract.

With the listing set to bring in a lot of interest, can the price of MYX soar even more?

MYX Finance Price Rockets To New Highs — Can The Momentum Hold?

The MYX price is currently in a strong bullish trend, having surged dramatically from a base near $0.07 to a recent high of $2.10.

MYX Finance price action is forming a potential parabolic curve, a signal of explosive momentum. Following the initial spike, MYX has retraced toward the 0.236 Fibonacci level ($1.62), indicating healthy consolidation after a steep rally, as GeckoTerminal data shows. 

The Relative Strength Index (RSI) is at 71.62, placing it in overbought territory. This reflects intense buying pressure but also warns of a potential short-term pullback.

Meanwhile, the Moving Average Convergence Divergence (MACD) remains strongly bullish with the blue MACD line above the orange signal line and both above the zero line. However, the histogram shows a slight decline in momentum, hinting at possible consolidation.

The price of MYX Finance is trading above both the 50 and 200 Simple Moving Averages (SMAs) on the 4-hour chart, which supports the overall bullish outlook.

If the MYX Finance price maintains support above the 0.236 Fib level at $1.62, it could retest the recent high of $2.10 and potentially continue toward new highs along the parabolic trendline.

MYX Finance Price Chart analysis Source: GeckoTerminal
MYX/USD Chart analysis Source: GeckoTerminal

Conversely, a break below $1.32 (0.382 Fib) could trigger deeper pullbacks toward $1.09 or $0.85 for MYX. Given the overheated RSI, short-term correction remains likely before any continuation upward.

In the meantime, investors are rotating funds into Best Wallet (BEST), which popular YouTube channel 99Bitcoins, with over 723K subscribers, says is one of the cryptos that could potentially soar 10X after launch.

Best Wallet ICO Heads For The $15 Million Mark

Best Wallet is quickly establishing itself as a top-tier DeFi wallet, offering a sleek, user-friendly experience that appeals to both crypto newcomers and seasoned investors.

With a massive and rapidly growing user base, it’s becoming the preferred choice in the decentralized finance ecosystem.

Still in its early stages of presale, the project has already raised over $14.51 million and is quickly hurtling towards $15 million. 

Its built-in decentralized exchange (DEX), presale aggregator, and upcoming crypto debit card set it apart in a crowded field. However, what’s turning heads is its “Upcoming Tokens” feature, a launchpad that has already proven its knack for spotting winners.

Projects like Pepe Unchained (PEPU) and Catslap (SLAP), flagged early by Best Wallet, delivered jaw-dropping gains of 500% and 7,000%, respectively, for early adopters.

Security remains a cornerstone, with biometric authentication and decentralized recovery options ensuring users retain complete control of their funds.

The native token, BEST, is the engine behind this ecosystem. What’s more, holding the token unlocks perks like reduced trading fees, access to exclusive presales, and staking rewards boasting an impressive 93% annual return. 

The BEST token is currently priced at $0.025445. With the next price hike looming in around 34 hours, buy soon to secure the best deal.

Check out BEST on its official website.

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