Pyth Network (PYTH) is a prominent project that provides accurate financial data for decentralized finance (DeFi) applications. PYTH is currently trading at $0.3679, up 0.08% in the last 24 hours.
Technical analysis:📊
Moving Averages: Moving averages indicate neutral signals, reflecting indecision in the current market direction.
1️⃣Technical indicators: Technical indicators such as the Relative Strength Index (RSI) and the MACD show mixed signals, which requires close monitoring to determine the future trend.
Support and resistance points:♻️
✅️Main support point:✅️✅️
It is located at the level of $0.42-0.41; if the price declines, it may head towards this level.
✅️Main resistance point: ✅️✅️
It is located between $0.49 and $0.51; breaking this level may push the price towards $0.746 and then $1.