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.
Myxbtc
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.
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.
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Hexa