MYX Finance Shows Signs of Recovery
MYX Finance (MYX) rose over 8% on Wednesday, continuing gains from the previous day. It climbed back above the $10.00 support level after a recent pullback. Buyers aim for a peak near $19.00 as momentum builds.
The Relative Strength Index (RSI) is at 67, close to the overbought zone, indicating strong buying interest. However, the Moving Average Convergence Divergence (MACD) is nearing a signal line crossover, which could warn of a possible downturn.
If MYX falls below $10.00, it may drop further toward the 50-day Exponential Moving Average (EMA) at $4.99.
Mantle Nears New All-Time High
Mantle (MNT) traded around $1.70 on Wednesday, slightly below its record high of $1.77 from the day before. The coin targets the next resistance at $1.80. Breaking above this could push prices toward $2.21.
The RSI stands at 74, signaling strong buying pressure. The MACD also shows a steady upward trend, supporting a bullish outlook.
If Mantle fails to break $1.80, the support at $1.48 may help absorb selling pressure.
Dogwifhat Faces Strong Resistance
Dogwifhat (WIF) slipped less than 1% on Wednesday near a key resistance trendline. This line connects peaks from November 13, 2024, and July 21, 2025. The 200-day EMA at $0.995 adds to this resistance.
A clear move above $0.995 could push WIF toward the 50% retracement level at $1.212. Momentum indicators support this, with the RSI at 57 and the MACD crossing above zero.
If WIF cannot break this resistance, it may fall back to the 50-day EMA at $0.894.