{"id":21404,"date":"2025-11-12T16:52:40","date_gmt":"2025-11-12T16:52:40","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=21404"},"modified":"2025-11-12T16:52:43","modified_gmt":"2025-11-12T16:52:43","slug":"myx-finance-surges-by-10-heading-towards-3-in-the-coming-days","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/myx-finance-surges-by-10-heading-towards-3-in-the-coming-days\/","title":{"rendered":"MYX Finance surges by 10%: Heading Towards $3 in the Coming Days?"},"content":{"rendered":"\n

The Catalysts Behind MYX Finance’s Rally<\/h2>\n\n\n\n

The integration with Chainlink<\/a> represents the primary fundamental driver<\/strong> behind this recovery. This collaboration strengthens the technical infrastructure of MYX<\/a> Finance, particularly in terms of decentralized oracles and data feed reliability. For a DeFi protocol, having access to accurate and secure price data represents a major competitive advantage. Institutional traders and sophisticated users systematically scrutinize these types of upgrades before taking positions.<\/p>\n\n\n\n

Beyond the fundamentals, market sentiment<\/strong> also plays a decisive role. In a crypto environment that has been relatively subdued in recent weeks, investors are actively seeking swing trading opportunities. MYX Finance is now attracting this speculative liquidity<\/strong>, creating a snowball effect on trading volumes.<\/p>\n\n\n\n

However, a shadow remains: MYX Finance is still 80.82% below its ATH of $19.01 reached in September<\/strong>. This dramatic fall serves as a reminder of the extreme volatility of the token<\/a> and the associated risks. Additionally, a token unlock worth an estimated $39 million is looming over the market. If the beneficiaries of these tokens decide to sell massively, the bearish pressure could quickly cancel out recent gains.<\/p>\n\n\n\n

The $2.96 Level as Strategic Pivot<\/h2>\n\n\n\n

Technical analysis reveals a particularly interesting short-term bullish structure. The price has broken above the 7-day moving average located at $2.31, then surpassed the pivot at $2.47<\/strong>. These two levels now serve as dynamic support and constitute the first defense barriers in case of a correction.<\/p>\n\n\n\n

\"A<\/figure>\n\n\n\n

The MACD histogram shows a positive signal at +0.21, confirming that momentum remains on the buyers’ side. Meanwhile, the RSI is positioned at 55.36, a level that reflects measured optimism<\/strong> without moving into the overbought zone above 70. This configuration theoretically allows MYX Finance to continue its progression without immediately triggering massive profit-taking<\/strong>.<\/p>\n\n\n\n

The critical level sits at $2.96, corresponding to the 50% Fibonacci retracement<\/strong>. Initially broken on November 11th, this threshold now represents a battlefield between bulls and bears. A daily close above this level would likely trigger a short squeeze, with short positions trapped around $3.24 being forced to cover. In this optimistic scenario, a run toward $3.60 would become feasible by mid-November.<\/p>\n\n\n\n

Conversely, a violent rejection below $2.31 would invalidate the bullish structure<\/strong>. The next support is found at $2.25, and a break of this floor would open the door to a more significant correction<\/strong>, potentially testing the $2.00 level.<\/p>\n\n\n\n

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