3 Altcoins That May Hit All-Time Highs In First Week Of October
MYX appears ready to aim for a new high, sitting 25.4% away from its next resistance. The altcoin has secured $14.04 as a strong support level, giving investors confidence that upward momentum could continue if broader market conditions align with bullish sentiment.
A further rally will depend on both market support and investor activity. If momentum builds, MYX could retest its $19.98 all-time high and surpass it. Breaking past this critical resistance level would open the door for a move toward $22.00, signaling stronger upside potential in the near term.
However, if MYX fails to maintain $14.04 as support, the bullish outlook could quickly collapse. The altcoin risks falling back toward $10.54, which would mark a significant retracement. Losing this support level would invalidate the bullish thesis.
Myxanalysis
MYX - Bitcoin Divergence Could Lead to 48% Price Recovery
MYX is currently priced at $9.03, holding just above the critical $8.90 support. The altcoin’s decline came after failing to breach its all-time high of $19.98, leaving it nearly halved in value. Holding above $8.90 will be essential for recovery attempts.
If the bullish signals play out, MYX could rebound from support and break through resistance at $10.54. Clearing this level would open the path toward $14.04, helping the token erase much of its recent 48% decline. Strong demand will be key to sustaining this move.
However, downside risks remain. If investors withdraw support, MYX could slip below $8.90 and extend its decline toward $7.00 or lower. Such a move would invalidate the bullish thesis and place the altcoin back into a heavy downtrend.
WARNING ON MYX!! 🚨 WARNING ON #MYX 🚨
TOP COULD BE IN, IT LOOKS LIKE FALSE MOVE AND PRICE MANIPULATION!
HIGHLY OVERBUY MOVE & ICHIMOKU chart does not looks safe for bulls!
A big sell pressure could entering the game soon, resulting in a -20%+ correction move!
KEY RESISTANCE & SELL ZONE FOR WHALES around 18.00$! 🚨
Upper ATH resistances: 18.450 & 19.00$
$MYX Performing Ascending Triangle Chart PatternsHow to Trade an Ascending Triangle
Here’s how traders can approach a stock that’s forming an ascending triangle pattern.
Step 1: Identify the Pattern Formation
To find an ascending triangle pattern, look for a stock that had a strong uptrend and is now trading sideways. A horizontal area of resistance should be clearly visible in the chart, while drawing trendline across the stock’s lows should yield an ascending line.
Step 2: Wait for the Breakout
Ascending chart patterns can take weeks to months to fully develop. Each new test of the resistance area has the potential to break out, but traders should be wary of false breakouts. A sustained breakout will typically be accompanied by above-average trading volume. The closer the ascending trendline comes to meeting the horizontal resistance line, the more likely a breakout is to occur.
Step 3: Enter a Trade
Traders can enter a bullish trade once a breakout is confirmed.
Step 4: Exit the Trade
The expected price movement of the breakout is equal to the price difference at the widest part of the ascending triangle pattern. You can measure the distance between the resistance area and the lowest low at the start of the pattern and add that to the resistance area to calculate a profit target for the trade.
16,532% growth in just 37 days! A new star in the crypto world!MYX Finance: Understanding the Crypto Star that Soared Over 16,000%
BINANCE:MYXUSDT.P
In the fast-moving world of cryptocurrency, stories of incredible growth often capture our imagination. Recently, a new star has emerged, producing a truly breathtaking performance. In just 37 days, the MYX Finance token (MYX) experienced a massive price increase of over 16,532%. This kind of rocket launch makes everyone ask two simple questions: What is MYX Finance, and how did its price rise so fast?
This article is your guide to understanding this exciting story. We will explore what makes MYX Finance a special project in the crypto universe. Then, we will uncover the key reasons behind its recent, explosive growth. This is more than just a story about numbers; it’s a look into the innovation and energy that makes the world of digital finance so exciting.
Part 1: What is MYX Finance? A Simple Guide to a Powerful Platform
Before we understand why MYX grew so quickly, we first need to understand what it is. At its heart, MYX Finance is a new type of crypto trading platform designed to be powerful, fair, and easy for everyone to use.
The Best of Both Worlds - A New Kind of Crypto Market
In the crypto world, there are two main types of exchanges. Centralized Exchanges (CEXs) are like big, traditional banks. They are fast and easy to use, but you have to trust them to hold your money safely. Decentralized Exchanges (DEXs) are more like a community market. You always control your own money, but they can sometimes be slower and more complicated. MYX Finance combines the best features of both. It’s a DEX, so you always have control of your funds, but it’s designed to be as fast and easy to use as a CEX. It achieves this with a special system that lets trades happen instantly and with a feature they call “zero-slippage.”
The Magic of "Zero-Slippage"
Imagine you want to buy a crypto token for $100. On many platforms, by the time your order is processed, the price might have changed to $101. That $1 difference is called “slippage.” It can be very frustrating for traders. MYX Finance has built a system to eliminate this problem. Zero-slippage means the price you see when you click “buy” is the exact price you get. This makes trading fairer and more predictable, which is a huge advantage for traders of all levels.
More Than Just Trading - A Multi-Chain Universe
MYX isn't limited to just one blockchain. It operates across more than 20 different chains, including popular ones like Ethereum, BNB Chain, and Arbitrum. This means users can trade a huge variety of tokens without having to move their funds between different platforms, saving them time and money.
Part 2: The Perfect Storm: Four Key Catalysts for Explosive Growth
A 16,532% price increase doesn't happen by accident. It takes a “perfect storm” of technology, timing, and community excitement. For MYX, four main factors came together to create this incredible rally.
Excitement for the V2 Upgrade: Before the big price surge, there was a lot of positive talk in the MYX community about a major platform upgrade called V2. This upgrade promised to make the platform even better, faster, and more powerful, creating a strong foundation of positive sentiment.
Major Exchange Listings: The real explosion began when the MYX token was listed on popular crypto exchanges, especially Binance Alpha. This exposed the token to millions of new potential buyers. In one day, trading volume surged by 710%, reaching an incredible $354 million.
The "Short Squeeze": When the price started to rise, traders who had bet against the token (shorting) were forced to buy it back to cover their losses. This created a rapid buying frenzy called a “short squeeze.” In just 24 hours, over $14.6 million in these short positions were liquidated, adding even more fuel to the rally.
Industry Recognition and Awards: Finally, MYX Finance received a prestigious award from the BNB Chain, one of the biggest networks in crypto. They were named a “Volume Powerhouse,” which served as a powerful endorsement and gave new buyers more confidence in the project.
Part 3: The Big Picture - Why This Matters for Crypto
The story of MYX Finance is more than just one token's success; it shows us some important trends in the world of crypto.
Innovation Matters: MYX didn’t just grow because of hype; it grew because it offers a genuinely better trading experience with its zero-slippage feature. This shows that projects with strong technology can achieve incredible things.
The Power of Community: The excitement and support from the MYX community played a huge role in its success. In decentralized finance, a strong community is one of the most valuable assets a project can have.
Opportunity Still Exists: It reminds us that the crypto market is still young and full of opportunity. While there are always risks, stories like MYX show that there is still massive potential for growth.
Conclusion: Your Adventure in the World of Crypto Begins
The incredible 37-day journey of MYX Finance is a powerful reminder of how dynamic and exciting the world of digital assets can be. We’ve seen how a project with innovative technology, strong community support, and perfect timing can capture the attention of the entire market.
As the Founder of ForecastCity and the creator of the 4CastMachine AI software, my mission is to help traders navigate this exciting market with better tools and insights. The crypto world is full of opportunities like this one. To stay ahead of the curve and continue your learning journey, make sure to follow me! Let's explore the future of finance together.
Frequently Asked Questions (FAQs)
What is MYX Finance in one sentence?
MYX Finance is a next-generation decentralized exchange (DEX) that makes trading crypto fast, easy, and fair by offering zero-slippage trading across more than 20 different blockchains.
What does "zero-slippage" mean?
It means the price you see when you make a trade is the exact price you get, which prevents you from losing money to sudden price changes during your transaction.
Why did the MYX token price rise so fast?
It was a "perfect storm" of four main factors: excitement for a major platform upgrade (V2), listings on popular exchanges like Binance, a "short squeeze" that forced rapid buying, and a prestigious award from BNB Chain that boosted confidence.
Is MYX a good investment?
Like all cryptocurrencies, MYX is a high-risk, high-reward asset. Its recent performance has been incredible, but the market is very volatile. This article is for educational purposes, and you should always do your own research (DYOR) and assess your personal risk tolerance before investing.
For ongoing analysis and to discover more exciting projects in the crypto space, don't forget to follow me!
Trade Smart!
Navid Jafarian
MYX Finance Price Nears ATH Post 22% Rise But Reversal Is LikelyAt the time of writing, MYX trades at $18.22 after surging 30% in the past 24 hours. The token recently set a new ATH on Tuesday and is now just shy of reclaiming that milestone, with momentum favoring another upward push.
Still, the threat of reversal looms. Historically, tokens entering fresh ATH zones often transition from accumulation to profit-taking phases. If investors book profits aggressively, MYX could retreat toward $11.52 or even lower, erasing part of its recent gains.
Conversely, if holders remain resilient and resist selling pressure, MYX could breach its ATH of $18.91 and push past $20.00. Such a move would invalidate the bearish outlook, setting the stage for another leg higher.
MYXUSDT Triangle Breakout!MYXUSDT is breaking out of a well-defined symmetrical triangle on the 4-hour timeframe, after weeks of consolidation between tightening trendlines. The breakout is occurring just above a high-volume node, as shown on the right-side volume profile, which now acts as a strong demand zone and potential support for continuation.
Price is currently holding above the breakout level ($0.105), with solid momentum and improving volume, indicating a potential trend expansion toward the projected target zone near $0.35.
Cheers
Hexa






