PYTHUSDT
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$PYTH
PYTH 1D: PYTH back to weekly and daily demanad zone. Could be a nice point buy some in spot for longterm. Two more demand zones are marked as well for ladder buying.
Personally, this is my heaviest bag average around 0.6 want to unload above previous ATH and more but will see how the PA reveals, I don't have a deadline for it.
#PYTH/USDT #PYTH/USDT. #PYTHUSDT #Python
PYTH 1D: PYTH back to weekly and daily demanad zone. Could be a nice point buy some in spot for longterm. Two more demand zones are marked as well for ladder buying.
Personally, this is my heaviest bag average around 0.6 want to unload above previous ATH and more but will see how the PA reveals, I don't have a deadline for it.
#PYTH/USDT #PYTH/USDT. #PYTHUSDT #Python
MORE than 90 per cent of stablecoin transaction volumes are not coming from genuine users, according to a new metric co-developed by Visa.
Out of about US$2.2 trillion in total transactions in April, just US$149 billion originated from “organic payments activity”.
Data provider Glassnode has estimated that the record US$3 trillion of total market circulation assigned to digital tokens at the peak of the 2021 bull market was actually closer to US$875 billion.
With stablecoins, transactions can often be double-counted depending on the platform users are transferring funds to.
For example, converting US$100 of Circle Internet Financial’s USDC to PayPal’s PYUSD on the decentralised exchange Uniswap would result in US$200 of total stablecoin volume being recorded on-chain.
#USDC #USDTfree #UniSwap #PYTHUSDT
Out of about US$2.2 trillion in total transactions in April, just US$149 billion originated from “organic payments activity”.
Data provider Glassnode has estimated that the record US$3 trillion of total market circulation assigned to digital tokens at the peak of the 2021 bull market was actually closer to US$875 billion.
With stablecoins, transactions can often be double-counted depending on the platform users are transferring funds to.
For example, converting US$100 of Circle Internet Financial’s USDC to PayPal’s PYUSD on the decentralised exchange Uniswap would result in US$200 of total stablecoin volume being recorded on-chain.
#USDC #USDTfree #UniSwap #PYTHUSDT
#PYTH Spot Buy.
Enter Now
Tp 1: $0.6000
Tp 2: $0.7165
Tp 3: $0.8250
Tp 4: $0.9023
Tp 5: $1.150
DCA at $0.4700
SL: Daily Candle close and open below 0.4000
P.S: 7RR trade, seeing a potential do to 2x soon.
#PYTHUSDT #CryptoWatchMay2024 #write2earn🌐💹 $PYTH
Enter Now
Tp 1: $0.6000
Tp 2: $0.7165
Tp 3: $0.8250
Tp 4: $0.9023
Tp 5: $1.150
DCA at $0.4700
SL: Daily Candle close and open below 0.4000
P.S: 7RR trade, seeing a potential do to 2x soon.
#PYTHUSDT #CryptoWatchMay2024 #write2earn🌐💹 $PYTH
❗️Buying some #PYTH for short-mid-term holding!
There are several reasons why I decided to do this:
1. The price chart looks decent, there were a deviation below the crucial support level, but now the token back above it and consolidating there. Very bullish 12h - 1d chart.
2. Secondly, there are rumors that there will be Airdrops of tokens (projects) that are working with #PYTH or using one in their work. The Pyth Network is partnering with a bunch of working protocols and blockchains that are still UNLISTED, so chances of receiving good token airdrops are quite high!
More to say, there are no token unlocks to investors/KOLs/funds until May 2024. Overall climate for investing is quite positive. Holding some tokens on spot and some in staking. Waiting for the news to be confirmed. Not a fast money, but must worth it.
#PYTHUSDT #BinanceSquareCreatorAwards $BTC $BNB
There are several reasons why I decided to do this:
1. The price chart looks decent, there were a deviation below the crucial support level, but now the token back above it and consolidating there. Very bullish 12h - 1d chart.
2. Secondly, there are rumors that there will be Airdrops of tokens (projects) that are working with #PYTH or using one in their work. The Pyth Network is partnering with a bunch of working protocols and blockchains that are still UNLISTED, so chances of receiving good token airdrops are quite high!
More to say, there are no token unlocks to investors/KOLs/funds until May 2024. Overall climate for investing is quite positive. Holding some tokens on spot and some in staking. Waiting for the news to be confirmed. Not a fast money, but must worth it.
#PYTHUSDT #BinanceSquareCreatorAwards $BTC $BNB
$PYTH has formed an ascending channel on LTF and a V reversal pattern on HTF.
Follow us for more.🚀
#PYTH #PYTHUSDT #update #Write2Earn
Follow us for more.🚀
#PYTH #PYTHUSDT #update #Write2Earn
LONG #PYTHUSDT from $0.2971 stop loss $0.2957
30m TF. After the impulse short movement, the instrument began to adjust and formed an ascending triangle formation, with a preload near the resistance level. The level has been tested several times with the accumulation of unrealized liquidity, there is also an imbalance that will be a magnet for the price.
I am waiting for the formation of consolidation along the level, an increase in activity and volumes before the breakdown.
#Cryptoz & @CScalpEN
30m TF. After the impulse short movement, the instrument began to adjust and formed an ascending triangle formation, with a preload near the resistance level. The level has been tested several times with the accumulation of unrealized liquidity, there is also an imbalance that will be a magnet for the price.
I am waiting for the formation of consolidation along the level, an increase in activity and volumes before the breakdown.
#Cryptoz & @CScalpEN
Pyth Network Price Prediction: PYTH Drops 3% but Recovers to Back Within a Positive Channel
The Pyth Network price managed to break above the consolidation zone between $0.3820 and $0.4385 that it was trapped in over the past week. As a result, $PYTH has subsequently also recovered to back within a medium-term positive price channel that has emerged on its charts. It attempted to rise above the channel during yesterday’s trading session. Although it managed to rise above the channel’s upper boundary, it retraced to close the trading session back within the channel.
Despite this correction, buyers still seem to be trying to boost the crypto’s value. This is evident by the wick under today’s daily candle. Should this bullish momentum continue, the Pyth Network price could soon flip the $0.5180 resistance level into support. This could then give the crypto the foundation needed to rise to the subsequent barrier at $0.5985 in the short term.
This bullish thesis may be invalidated if the crypto breaks below the $0.4385 support level within the next 72 hours. In this alternative scenario, #PYTH may retest the $0.3820 mark. Continued sell pressure at this point may then expose it to the risk of falling down to $0.3140.
Technicals Favor Bulls
Technical indicators on PYTH’s daily chart suggest the altcoin’s price may continue climbing in the next 48 hours. The Relative Strength Index (RSI) indicator shows that buyers are currently stronger than sellers. This is evident by the RSI line, which is positioned above the Simple Moving Average (SMA) line. In addition to this, the Moving Average Convergence Divergence (MACD) indicator is signaling that PYTH’s positive trend is growing stronger. The MACD line breaking away above the MACD Signal line suggests this.
#PYTHUSDT #Write2Earn
The Pyth Network price managed to break above the consolidation zone between $0.3820 and $0.4385 that it was trapped in over the past week. As a result, $PYTH has subsequently also recovered to back within a medium-term positive price channel that has emerged on its charts. It attempted to rise above the channel during yesterday’s trading session. Although it managed to rise above the channel’s upper boundary, it retraced to close the trading session back within the channel.
Despite this correction, buyers still seem to be trying to boost the crypto’s value. This is evident by the wick under today’s daily candle. Should this bullish momentum continue, the Pyth Network price could soon flip the $0.5180 resistance level into support. This could then give the crypto the foundation needed to rise to the subsequent barrier at $0.5985 in the short term.
This bullish thesis may be invalidated if the crypto breaks below the $0.4385 support level within the next 72 hours. In this alternative scenario, #PYTH may retest the $0.3820 mark. Continued sell pressure at this point may then expose it to the risk of falling down to $0.3140.
Technicals Favor Bulls
Technical indicators on PYTH’s daily chart suggest the altcoin’s price may continue climbing in the next 48 hours. The Relative Strength Index (RSI) indicator shows that buyers are currently stronger than sellers. This is evident by the RSI line, which is positioned above the Simple Moving Average (SMA) line. In addition to this, the Moving Average Convergence Divergence (MACD) indicator is signaling that PYTH’s positive trend is growing stronger. The MACD line breaking away above the MACD Signal line suggests this.
#PYTHUSDT #Write2Earn
📈 The number of stakers of the #PYTHUSDT token has exceeded 111,000, increasing more than tenfold in a month
WHAT IS YOUR THOUGHTS ABOUT PYTH PERFORMANCE?
Will it continue to drop?
Will it consolidate and pump?
Share your thoughts on the comments.
#Write2Earn #PYTH #PYTHUSDT
Will it continue to drop?
Will it consolidate and pump?
Share your thoughts on the comments.
#Write2Earn #PYTH #PYTHUSDT
🌠 Binance Future free signals 🌠
🚨High risk - big profit
PYTH/USDT
Leverage 10x - 20x
Buy - Long⬆️
Entire Zone - 0.5845 to 0.5623 ( Limit )
Place the limit oder...
TP 1 - 0.6025
TP 2 - 0.6133
TP 3 - 0.6221
TP 4 - 0.6315
TP 5 - 0.6441 or more
stop loss⛔ - 0.5303
binance future
#Tranding #Write2Earn #PYTHUSDT #TrendingTopic #PIXEL
I am not a financial advisor so it is your responsibility to be careful with your money
Guys... More risk get more profits
$PYTH $DYM $LPT
🚨High risk - big profit
PYTH/USDT
Leverage 10x - 20x
Buy - Long⬆️
Entire Zone - 0.5845 to 0.5623 ( Limit )
Place the limit oder...
TP 1 - 0.6025
TP 2 - 0.6133
TP 3 - 0.6221
TP 4 - 0.6315
TP 5 - 0.6441 or more
stop loss⛔ - 0.5303
binance future
#Tranding #Write2Earn #PYTHUSDT #TrendingTopic #PIXEL
I am not a financial advisor so it is your responsibility to be careful with your money
Guys... More risk get more profits
$PYTH $DYM $LPT
Pyth Network Price Prediction: PYTH at a Critical Juncture as It Tries to Re-Enter Its Bullish Channel
The closing prices of #PYTHUSDT on the 4-hour chart have experienced a rollercoaster, starting from $0.5736 and peaking at $0.6233 before making a slight retreat to $0.6049. This movement indicates a volatile yet upward trend in the short term, suggesting a growing interest among participants in the market.
The 9-day Exponential Moving Average (EMA) has seen a gradual increase from $0.5905 to $0.6010, closely trailing the 20-day EMA which moved from $0.6001 to $0.6026. This convergence of the EMAs suggests a bullish sentiment in the market, albeit with caution due to the narrow margin between the two averages.
The Moving Average Convergence Divergence (MACD) values further elucidate the market's sentiment. Initially, the MACD values were negative, indicating bearish momentum. However, a shift towards positive territory, albeit slight, is observed in the latest session with a MACD value of $0.000143. This transition signifies a potential change in momentum towards bullish behavior, although the presence of a negative histogram in all sessions signals that caution is still warranted.
The Relative Strength Index (RSI) has shown a progression from a bearish zone of 38.89 to a more neutral stance, peaking at 58.52 before settling at 51.41. This indicates that while the market had been oversold, it has since recovered to a more balanced state, though not yet reaching overbought territory.
The decrease in volume alongside price increases could suggest a lack of strong conviction behind the price movements, urging traders to proceed with caution.
Looking ahead, the key levels to watch are the resistance at $0.6719 and support levels at $0.5422, $0.4839, and $0.4767. A sustained move above $0.6233 could see PYTHUSDT testing the resistance level, whereas a break below $0.6049 might lead to a retest of the support levels, particularly if the bearish momentum resumes.
In conclusion, technical indicators for $PYTH suggest a cautiously optimistic outlook.
The closing prices of #PYTHUSDT on the 4-hour chart have experienced a rollercoaster, starting from $0.5736 and peaking at $0.6233 before making a slight retreat to $0.6049. This movement indicates a volatile yet upward trend in the short term, suggesting a growing interest among participants in the market.
The 9-day Exponential Moving Average (EMA) has seen a gradual increase from $0.5905 to $0.6010, closely trailing the 20-day EMA which moved from $0.6001 to $0.6026. This convergence of the EMAs suggests a bullish sentiment in the market, albeit with caution due to the narrow margin between the two averages.
The Moving Average Convergence Divergence (MACD) values further elucidate the market's sentiment. Initially, the MACD values were negative, indicating bearish momentum. However, a shift towards positive territory, albeit slight, is observed in the latest session with a MACD value of $0.000143. This transition signifies a potential change in momentum towards bullish behavior, although the presence of a negative histogram in all sessions signals that caution is still warranted.
The Relative Strength Index (RSI) has shown a progression from a bearish zone of 38.89 to a more neutral stance, peaking at 58.52 before settling at 51.41. This indicates that while the market had been oversold, it has since recovered to a more balanced state, though not yet reaching overbought territory.
The decrease in volume alongside price increases could suggest a lack of strong conviction behind the price movements, urging traders to proceed with caution.
Looking ahead, the key levels to watch are the resistance at $0.6719 and support levels at $0.5422, $0.4839, and $0.4767. A sustained move above $0.6233 could see PYTHUSDT testing the resistance level, whereas a break below $0.6049 might lead to a retest of the support levels, particularly if the bearish momentum resumes.
In conclusion, technical indicators for $PYTH suggest a cautiously optimistic outlook.
#PYTHUSDT Short signal Entry market price tps 30%%60%80%100%150%
S l 0.46 Above 1 h tf cendal break
S l 0.46 Above 1 h tf cendal break
#PYTH I was always bullish on #PYTHUSDT , I bought this token when it was 0.33.
Reason being -
1. Price oracles always gain in bull season. In 2020 bull seasons, LINK pumped massively.
2. This time LINK is already out of reach for many. More than market cap, It is expensive to buy.
3. PYTH is still less than <1, so definitely it will attract a lot of retail users. People like to buy penny tokens and hope they will pump. For example : In 18 USD, you will buy 1 link vs 25 PYTH tokens
I plan to hold PYTH till it reaches >5USD
Reason being -
1. Price oracles always gain in bull season. In 2020 bull seasons, LINK pumped massively.
2. This time LINK is already out of reach for many. More than market cap, It is expensive to buy.
3. PYTH is still less than <1, so definitely it will attract a lot of retail users. People like to buy penny tokens and hope they will pump. For example : In 18 USD, you will buy 1 link vs 25 PYTH tokens
I plan to hold PYTH till it reaches >5USD
