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Pyth Network

<p><span style="font-weight: 400;">The Pyth Network price </span><a href="https://www.coingecko.com/en/coins/pyth-network" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">dropped</span></a><span style="font-weight: 400;"> 5% over the past 24 hours to trade at $0.397 as of 8:50 am EST.</span></p>
<h2 id="span-style-font-weight-400-the-pyth-network-price-at-risk-of-further-downside-span"><span style="font-weight: 400;">The Pyth Network Price At Risk Of Further Downside</span></h2>
<p><img decoding="async" src="https://s3.tradingview.com/snapshots/j/jUipz2ED.png" alt="TradingView Chart"></p>
<p><span style="font-weight: 400;">4-hour chart for PYTH/USDT (Source: </span><a href="https://www.tradingview.com/x/jUipz2ED/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">TradingView</span></a><span style="font-weight: 400;">)</span></p>
<p><span style="font-weight: 400;">The </span><a href="https://insidebitcoins.com/news/pyth-network-price-prediction-pyth-pumps-21-but-experts-say-consider-this-new-ai-presale-for-30x-gains" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Pyth</span></a><span style="font-weight: 400;"> Network price may drop below the immediate support level at $0.3820 in the next 24 hours as a bearish rising wedge pattern has emerged on the altcoin’s 4-hour chart. </span></p>
<p><span style="font-weight: 400;">Should this pattern be validated, PYTH may be at risk of falling below $0.3820 and dropping to the subsequent support level at $0.3140 in the following few hours. Continued selling pressure could then lead to the Pyth Network price plummeting to as low as $0.2580 in the short term.</span></p>
<p><span style="font-weight: 400;">This bearish thesis could be invalidated if PYTH is able to close a 4-hour candle above the upper boundary of the rising wedge chart pattern, which is positioned slightly above the major resistance level at $0.4385. </span></p>
<p><span style="font-weight: 400;">A sustained close above this level could then give the Pyth Network price the foundation needed to overcome the $0.5180 barrier as well in the following couple of days.</span></p>
<h2 id="span-style-font-weight-400-technicals-show-sellers-may-pull-down-the-pyth-network-price-span"><span style="font-weight: 400;">Technicals Show Sellers May Pull Down The Pyth Network Price</span></h2>
<p><span style="font-weight: 400;">Technical indicators on PYTH’s 4-hour chart suggest that sellers are stronger than buyers. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are flagging bearish. The MACD line is also currently breaking away below the MACD Signal line, which may indicate that PYTH’s negative trend will continue in the next 48 hours.&nbsp;</span></p>
<p><span style="font-weight: 400;">In addition to this, the RSI line is positioned below its Simple Moving Average (SMA) line – signaling that bears are stronger than bulls. However, the tides may turn in favor of buyers soon, as the RSI is sloped positively towards overbought territory.</span></p>
<p><span style="font-weight: 400;"> This could be an early sign of momentum shifting in favor of bulls, as well as a potential bullish reversal of the Pyth Network’s bearish cycle.</span></p>
<p><span style="font-weight: 400;">While the </span><a href="https://insidebitcoins.com/news/new-cryptocurrency-releases-listings-and-presales-today-axelar-wrapped-wsteth-bitgain-pyth-network" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Pyth</span></a><span style="font-weight: 400;"> Network price stands the risk of falling further in the next couple of days, investors are busy rushing to the AI-powered trading platform </span><a href="https://insidebitcoins.com/visit/launchpad" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Launchpad XYZ</span></a><span style="font-weight: 400;">.</span></p>
<h2 id="span-style-font-weight-400-boosting-traders-returns-through-cutting-edge-technology-span"><span style="font-weight: 400;">Boosting Traders’ Returns Through Cutting-Edge Technology</span></h2>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Keep your assets secure and easily accessible with <a href="https://twitter.com/hashtag/LaunchpadXYZ?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#LaunchpadXYZ</a>'s integrated wallet. 🔐</p>
 <p>Trade smarter, safer, and with peace of mind.<a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/Web3?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Web3</a> <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Altcoins</a> <a href="https://t.co/bBqHvFezVP" rel="noopener noreferrer nofollow">pic.twitter.com/bBqHvFezVP</a></p>
 <p>— Launchpad.xyz (@launchpadlpx) <a href="https://twitter.com/launchpadlpx/status/1749099612831388122?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 21, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">Launchpad XYZ</span><span style="font-weight: 400;"> is an innovative platform that offers a suite of state-of-the-art trading tools which are powered by AI technology. These tools give traders everything they need to maximize their returns, including in-depth sentiment analysis and valuable insights. </span></p>
<p><a href="https://insidebitcoins.com/visit/launchpad" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Launchpad XYZ’s</span></a><span style="font-weight: 400;"> bespoke AI language model lies at the core of this cutting-edge platform and crunches large amounts of trading data to generate trade signals.</span></p>
<p><span style="font-weight: 400;">These trading signals have been successful up until now, and generated a return of 2,917% for one investor. This success has resulted in interest in the project exploding, with its presale surpassing the $2.6 million mark.</span></p>
<p><span style="font-weight: 400;">Launchpad XYZ’s</span><span style="font-weight: 400;"> native token, LPX, can be purchased using either ether (ETH), Tether (USDT), Binance Coin (BNB) or bank card, and is currently selling for $0.045.</span></p>
<h2 id="span-style-font-weight-400-more-than-a-speculative-opportunity-span"><span style="font-weight: 400;">More Than A Speculative Opportunity</span></h2>
<p><iframe title="YouTube video player" src="https://www.youtube.com/embed/lZNoNDble3s?si=rRypF9M2F_1GC3vC" width="560" height="315" frameborder="0" allowfullscreen></iframe></p>
<p><span style="font-weight: 400;">Launchpad XYZ</span><span style="font-weight: 400;"> offers investors more than just a speculative trade opportunity. What’s more, Launchpad XYZ proves that it is able to do what it sets out to do in its whitepaper, with its trade signals already generating close to 30x returns for investors.</span></p>
<p><span style="font-weight: 400;"> As a result, the project’s popularity is on a rapid rise and is why users like VANI commented in the </span><a href="https://insidebitcoins.com/visit/launchpad" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Launchpad XYZ</span></a><span style="font-weight: 400;"> Discord server:&nbsp;</span></p>
<p><span style="font-weight: 400;">“I have never seen anyone making such huge profits in such a short period of time, with this recurrence, every month. I’ve been at LPX since May and every month the trades sent in the signal group are of a very high level, every month I’m even more impressed.”</span></p>
<p><img decoding="async" src="https://lh7-us.googleusercontent.com/gwHfgIqkzk8xq_UojkRZ8dztzZJFX2ng8D4MPYMQYKUX0_MHkbYggplhxEDMlUcLpmRVwokkjCX4MAEwvIgPH3LPxk36vF_yYuQlH-4KF4jDQ9m04rQuAZoyIVyL9I0RuCHS8JnlOQXdsDUwZrhu5K0"></p>
<p><span style="font-weight: 400;">As volatility in the crypto market starts to pick up, traders may want to utilize the advanced trading tools offered within the </span><span style="font-weight: 400;">Launchpad XYZ</span><span style="font-weight: 400;"> platform to optimize their trading strategies. The early success of its free trade signals gave investors a sneak peak of the raw power of the platform, and is only a small portion of what is yet to come.&nbsp;</span></p>
<p><span style="font-weight: 400;">LPX can be purchased </span><a href="https://insidebitcoins.com/visit/launchpad" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">here</span></a><span style="font-weight: 400;">.</span></p>
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Pyth Network Price Prediction: Top Trending PYTH Plunges 5% As Investors Rush To Buy This AI Presale With Less Than Two Days Left

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Inside Bitcoins

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