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<p>According to crypto analyst <a href="https://twitter.com/rektcapital/status/1726667221550919862" target="_blank" rel="noopener noreferrer nofollow">Rekt Capital</a>, blockchain gaming altcoin Vulcan Forged (PYR) continues positioning itself for additional price gains after successfully defending a key support level.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="726" src="https://captainaltcoin.com/wp-content/uploads/2023/11/image-528-1024x726.png" alt="" class="wp-image-381778" srcset="https://captainaltcoin.com/wp-content/uploads/2023/11/image-528-1024x726.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-528-300x213.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-528-767x544.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-528-1536x1089.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-528-2048x1452.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-528-140x100.png 140w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-528-212x150.png 212w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-528-100x71.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-528-494x350.png 494w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-528-788x558.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-528.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>In recent tweets, Rekt Capital highlighted the $6.72 price level as an important area to hold for PYR from a charting perspective. PYR recently managed to close the weekly candle above this level after briefly dipping below it last week.</p>
<p>Rekt Capital notes that successfully retesting and holding the $6.72 support now puts Vulcan Forged in a good position to “continue following the green path” of further upside. With PYR establishing this higher low, bulls remain in control of the market structure. PYR is down by 9.44% in the last 24 hours according to CoinMarketCap data.</p>
<p>Read also:</p>
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<p>In summary, Rekt Capital’s analysis illustrates how PYR has done the groundwork from a chart perspective to justify additional medium-term gains if market conditions cooperate. PYR remains a high-quality altcoin project likely to attract renewed investor interest on continued blockchain gaming adoption.</p>
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<p>The post <a href="https://captainaltcoin.com/vulcan-forged-pyr-primed-for-further-upside-after-holding-this-crucial-support-analyst/" rel="noopener noreferrer nofollow">Vulcan Forged (PYR) Primed for Further Upside After Holding This Crucial Support – Analyst</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Vulcan Forged (PYR) Primed for Further Upside After Holding This Crucial Support – Analyst

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