Resistance

Ethereum Classic

Status

Time

Pyth Network

<ul> 
 <li><strong>Bullish PYTH price prediction for 2024 is $0.4009 to </strong><strong>$0.6944.</strong></li> 
 <li><strong>Pyth Network (PYTH) price might reach $1.5 soon.</strong></li> 
 <li><strong>Bearish PYTH price prediction for 2024 is </strong><strong>$0.1349</strong><strong>.</strong></li> 
</ul> 
<p>In this Pyth Network (PYTH) <a href="https://thenewscrypto.com/markets/price-prediction/" target="_blank" rel="noreferrer noopener">price prediction</a> 2024, 2025-2030, we will analyze the price patterns of PYTH by using accurate trader-friendly technical analysis indicators and predict the future movement of the <a href="https://thenewscrypto.com/tag/cryptocurrency/" target="_blank" rel="noreferrer noopener">cryptocurrency</a>.&nbsp;</p> 
<figure class="wp-block-table aligncenter">
 <table>
  <tbody>
   <tr>
    <td><strong>
      <div align="center">
       TABLE OF CONTENTS
      </div></strong></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      INTRODUCTION
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Pyth Network (PYTH) Current Market Status</li>
      <li>What is Pyth Network (PYTH)?</li>
      <li>Pyth Network (PYTH) 24H Technicals</li>
     </ul></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      PYTH NETWORK (PYTH) PRICE PREDICTION 2024
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Pyth Network (PYTH) Support and Resistance Levels</li>
      <li>Pyth Network (PYTH) Price Prediction 2024 — RVOL, MA, and RSI</li>
      <li>Pyth Network (PYTH) Price Prediction 2024 — ADX, RVI</li>
      <li>Comparison of PYTH with BTC, ETH</li>
     </ul></td>
   </tr>
   <tr>
    <td>PYTH NETWORK (PYTH) PRICE PREDICTION 2025, 2026-2030</td>
   </tr>
   <tr>
    <td>CONCLUSION</td>
   </tr>
   <tr>
    <td>FAQ</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="h-pyth-network-pyth-current-market-status">Pyth Network (PYTH) Current Market Status</h2> 
<figure class="wp-block-table is-style-regular"> 
 <table> 
  <tbody style="box-shadow: 0px 2px 4px rgb(3 4 28 / 50%);"> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Current Price</td> 
    <td style="border: 1px solid #01557b;">$0.3541</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">24 – Hour Price Change</td> 
    <td style="border: 1px solid #01557b;">0.96% Down</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">24 – Hour Trading Volume</td> 
    <td style="border: 1px solid #01557b;">$75,119,824</td> 
   </tr> 
   <tr> 
    <td style="border: 1px solid #01557b;">Market Cap</td> 
    <td style="border: 1px solid #01557b;">$1,283,680,253</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Circulating Supply</td> 
    <td style="border: 1px solid #01557b;">3,624,988,902 PYTH</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">All – Time High</td> 
    <td style="border: 1px solid #01557b;">$1.15 ( On March 16, 2024) &nbsp;</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">All – Time Low</td> 
    <td style="border: 1px solid #01557b;">$0.2289 (On Jan 08, 2024) &nbsp;</td> 
   </tr> 
  </tbody> 
 </table> <em>
  <figcaption class="wp-element-caption" style="text-align: center;">
   PYTH Current Market Status (Source: <a href="https://coinmarketcap.com/currencies/pyth-network/" target="_blank" rel="noreferrer noopener nofollow">CoinMarketCap</a>)
  </figcaption></em> 
</figure> 
<h2 class="wp-block-heading" id="what-is-pyth-network-pyth">What is Pyth Network (PYTH)</h2> 
<figure class="wp-block-table is-style-stripes">
 <table>
  <tbody>
   <tr>
    <td><strong>TICKER</strong></td>
    <td>PYTH</td>
   </tr>
   <tr>
    <td><strong>BLOCKCHAIN</strong></td>
    <td>Solana Blockchain</td>
   </tr>
   <tr>
    <td><strong>CATEGORY</strong></td>
    <td>Decentralized Oracle Network</td>
   </tr>
   <tr>
    <td><strong>LAUNCHED ON</strong></td>
    <td>November 2023</td>
   </tr>
   <tr>
    <td><strong>UTILITIES</strong></td>
    <td>Governance, security, gas fees &amp; rewards</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p>Pyth Network, established in 2020, addresses the shortcomings of traditional oracles by providing ultra-low-latency, institutional-grade market data for decentralized finance (DeFi). Serving as a decentralized marketplace for financial data, Pyth incentivizes over 90 first-party publishers, including <a href="https://thenewscrypto.com/pyth-network-advances-with-key-partnerships-binance-listing/" target="_blank" rel="noreferrer noopener">major exchanges</a> and market-making firms, to contribute their proprietary data directly to the blockchain. This innovative “first-party” data model future-proofs Pyth for the evolving DeFi landscape. The Pyth Protocol aggregates data from these providers on the Pythnet blockchain, producing unified price feeds every 400 milliseconds.&nbsp;</p> 
<p>Notably, Pyth stands out with a “Pull Oracle” architecture, allowing users to request updates when needed, minimizing gas fees. With over 350 low-latency price feeds and high-frequency updates, Pyth Network <a href="https://thenewscrypto.com/pyth-price-feeds-debuts-on-filecoin-vm/" target="_blank" rel="noreferrer noopener">excels in speed</a>, coverage, and sourcing/quality of data, making it a game-changer among blockchain oracles. Pyth’s transparency, multi-chain availability, and high-resolution data contribute to its significance in the DeFi space.</p> 
<h3 class="wp-block-heading" id="pyth-network-24h-technicals">Pyth Network 24H Technicals</h3> 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="389" src="https://thenewscrypto.com/wp-content/uploads/2024/07/image-106-1024x389.png" alt="" class="wp-image-103906" srcset="https://thenewscrypto.com/wp-content/uploads/2024/07/image-106-1024x389.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-106-300x114.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-106-768x291.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-106-1536x583.png 1536w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-106.png 1792w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p class="has-text-align-center"><em>(Source: </em><a href="https://www.tradingview.com/symbols/PYTHUSDT/?exchange=OKX"><em>TradingView</em></a><em>)</em></p> 
<h2 class="wp-block-heading" id="pyth-network-pyth-price-prediction-2024">Pyth Network (PYTH) Price Prediction 2024</h2> 
<p>Pyth Network (PYTH) ranks 66th on CoinMarketCap in terms of its market capitalization. The overview of the Pyth Network price prediction for 2024 is explained below with a daily time frame.</p> 
<p>&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src=" https://www.tradingview.com/x/HyNvfxtS/ " alt="">
 </figure>
</div> 
<p><em>PYTH/USDT Right Angled Descending Broadening Wedge Pattern (Source: </em><a href="https://www.tradingview.com/symbols/PYTHUSDT/?exchange=OKX"><em>TradingView</em></a><em>)</em></p> 
<p>In the above chart, Pyth Network (PYTH) laid out a right-angled descending broadening wedge pattern. A right-angled descending broadening wedge is a bullish reversal pattern. The pattern is an inverted ascending triangle because it is made up of two converging lines with a horizontal line for the resistance and a bearish downward slant for the support.</p> 
<p>At the time of analysis, the price of Pyth Network (PYTH) was recorded at $0.3541. If the pattern trend continues, then the price of PYTH might reach the resistance level of $0.3888, and $0.6348. If the trend reverses, then the price of PYTH may fall to the support of $0.2711, and $0.2366.</p> 
<h2 class="wp-block-heading" id="pyth-network-pyth-resistance-and-support-levels">Pyth Network (PYTH) Resistance and Support Levels</h2> 
<p>The chart given below elucidates the possible resistance and support levels of Pyth Network (PYTH) in 2024.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src=" https://www.tradingview.com/x/Nf6v9CJg/ " alt="">
 </figure>
</div> 
<p><em>PYTH/USDT Resistance and Support Levels (Source: </em><a href="https://www.tradingview.com/symbols/PYTHUSDT/?exchange=OKX"><em>TradingView</em></a><em>)</em></p> 
<p>From the above chart, we can analyze and identify the following as resistance and support levels of Pyth Network (PYTH) for 2024.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td>Resistance Level 1</td>
    <td>$0.4009</td>
   </tr>
   <tr>
    <td>Resistance Level 2</td>
    <td>$0.6944</td>
   </tr>
   <tr>
    <td>Support Level 1</td>
    <td>$0.2379</td>
   </tr>
   <tr>
    <td>Support Level 2</td>
    <td>$0.1349</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p><em>PYTH Resistance &amp; Support Levels</em></p> 
<h2 class="wp-block-heading" id="pyth-network-pyth-price-prediction-2024-rvol-ma-and-rsi">Pyth Network (PYTH) Price Prediction 2024 — RVOL, MA, and RSI</h2> 
<p>The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Pyth Network (PYTH) are shown in the chart below.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src=" https://www.tradingview.com/x/becet4lg/ " alt="">
 </figure>
</div> 
<p><em>PYTH/USDT RVOL, MA, RSI (Source: </em><a href="https://www.tradingview.com/symbols/PYTHUSDT/?exchange=OKX"><em>TradingView</em></a><em>)</em></p> 
<p>From the readings on the chart above, we can make the following inferences regarding the current Pyth Network (PYTH) market in 2024.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>50-Day Moving Average (50MA)</td>
    <td>Nature of the current trend by comparing the average price over 50 days</td>
    <td>50 MA = $0.3436Price = $0.3576<em>(50MA &lt; Price)</em></td>
    <td>Bullish/ Uptrend</td>
   </tr>
   <tr>
    <td>Relative Strength Index (RSI)</td>
    <td>Magnitude of price change;Analyzing oversold &amp; overbought conditions</td>
    <td>56.7680<br><em>&lt;30 = Oversold</em><em><br></em><em>50-70 = Neutral</em><em>&gt;70 = Overbought</em></td>
    <td>Neutral</td>
   </tr>
   <tr>
    <td>Relative Volume (RVOL)</td>
    <td>Asset’s trading volume in relation to its recent average volumes</td>
    <td>Below cutoff line</td>
    <td>Weak volume</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="pyth-network-pyth-price-prediction-2024-adx-rvi">Pyth Network (PYTH) Price Prediction 2024 — ADX, RVI</h2> 
<p>In the below chart, we analyze the strength and volatility of Pyth Network (PYTH) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src=" https://www.tradingview.com/x/7RjZmpZd/ " alt="">
 </figure>
</div> 
<p><em>PYTH/USDT ADX, RVI (Source: </em><a href="https://www.tradingview.com/symbols/PYTHUSDT/?exchange=OKX"><em>TradingView</em></a><em>)</em></p> 
<p>From the readings on the chart above, we can make the following inferences regarding the price momentum of Pyth Network (PYTH).</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>Average Directional Index (ADX)</td>
    <td>Strength of the trend momentum</td>
    <td>21.1359</td>
    <td>Weak Trend</td>
   </tr>
   <tr>
    <td>Relative Volatility Index (RVI)</td>
    <td>Volatility over a specific period</td>
    <td>62.50<br><br><em>&lt;50 = Low</em><em><br></em><em>&gt;50 = High</em></td>
    <td>High volatility</td>
   </tr>
  </tbody>
 </table>
</figure>  
<h2 class="wp-block-heading" id="comparison-of-pyth-with-btc-eth">Comparison of PYTH with BTC, ETH</h2> 
<p>Let us now compare the price movements of Pyth Network (PYTH) with that of Bitcoin (BTC), and Ethereum (ETH).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src=" https://www.tradingview.com/x/PnGgh0my/" alt="">
 </figure>
</div> 
<p><em>BTC Vs ETH Vs PYTH Price Comparison (Source: </em><a href="https://www.tradingview.com/symbols/PYTHUSDT/?exchange=OKX"><em>TradingView</em></a><em>)</em></p> 
<p>From the above chart, we can interpret that the price action of PYTH is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of PYTH also increases or decreases respectively.</p> 
<h2 class="wp-block-heading" id="pyth-network-pyth-price-prediction-2025-2026-2030">Pyth Network (PYTH) Price Prediction 2025, 2026 – 2030</h2> 
<p>With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Pyth Network (PYTH) between 2025, 2026, 2027, 2028, 2029 and 2030.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Year&nbsp;</strong></td>
    <td><strong>Bullish Price&nbsp;</strong></td>
    <td><strong>Bearish Price</strong></td>
   </tr>
   <tr>
    <td>Pyth Network (PYTH) Price Prediction 2025</td>
    <td>$2</td>
    <td>$0.2</td>
   </tr>
   <tr>
    <td>Pyth Network (PYTH) Price Prediction 2026</td>
    <td>$3</td>
    <td>$0.15</td>
   </tr>
   <tr>
    <td>Pyth Network (PYTH) Price Prediction 2027</td>
    <td>$4</td>
    <td>$0.1</td>
   </tr>
   <tr>
    <td>Pyth Network (PYTH) Price Prediction 2028</td>
    <td>$5</td>
    <td>$0.09</td>
   </tr>
   <tr>
    <td>Pyth Network (PYTH) Price Prediction 2029</td>
    <td>$6</td>
    <td>$0.07</td>
   </tr>
   <tr>
    <td>Pyth Network (PYTH) Price Prediction 2030</td>
    <td>$7</td>
    <td>$0.05</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="conclusion">Conclusion</h2> 
<p>If Pyth Network (PYTH) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Pyth Network (PYTH) price prediction for 2024 is $0.6944. Comparatively, if unfavorable sentiment is triggered, the bearish Pyth Network (PYTH) price prediction for 2024 is $0.1349.&nbsp;</p> 
<p>If the market momentum and investors’ sentiment positively elevate, then Pyth Network (PYTH) might hit $1.5. Furthermore, with future upgrades and advancements in the Pyth Network ecosystem, PYTH might surpass its current all-time high (ATH) of $1.15 and mark its new ATH.&nbsp;</p> 
<h2 class="wp-block-heading" id="faq">FAQ</h2> 
<h4 class="wp-block-heading">1. What is Pyth Network (PYTH)?</h4> 
<p>Pyth Network, established in 2020, addresses the shortcomings of traditional oracles by providing ultra-low-latency, institutional-grade market data for decentralized finance (DeFi)</p> 
<h4 class="wp-block-heading">2. Where can you purchase Pyth Network (PYTH)?</h4> 
<p>Pyth Network (PYTH) has been listed on many crypto exchanges, including Binance, OKX, Bybit, Blofin, and Bitrue.</p> 
<h4 class="wp-block-heading">3. Will Pyth Network (PYTH) reach a new ATH soon?</h4> 
<p>With the ongoing developments and upgrades within the Pyth Network Platform, PYTH has a high possibility of reaching its ATH soon.</p> 
<h4 class="wp-block-heading">4. What is the current all-time high (ATH) of Pyth Network (PYTH)?</h4> 
<p>On March 16, 2024, PYTH reached its new all-time high (ATH) of $1.15.</p> 
<h4 class="wp-block-heading">5. What is the lowest price of Pyth Network (PYTH)?</h4> 
<p>According to CoinMarketCap, PYTH hit its all-time low (ATL) of $0.2289 on Jan 08, 2024.</p> 
<h4 class="wp-block-heading">6. Will Pyth Network (PYTH) reach $1.5?</h4> 
<p>If Pyth Network (PYTH) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $1.5 soon.</p> 
<h4 class="wp-block-heading">7. What will be Pyth Network (PYTH) price by 2025?</h4> 
<p>Pyth Network (PYTH) price is expected to reach $2 by 2025.</p> 
<h4 class="wp-block-heading">8. What will be Pyth Network (PYTH) price by 2026?</h4> 
<p>Pyth Network (PYTH) price is expected to reach $3 by 2026.</p> 
<h4 class="wp-block-heading">9. What will be Pyth Network (PYTH) price by 2027?</h4> 
<p>Pyth Network (PYTH) price is expected to reach $4 by 2027.</p> 
<h4 class="wp-block-heading">10. What will be Pyth Network (PYTH) price by 2028?</h4> 
<p>Pyth Network (PYTH) price is expected to reach $5 by 2028.&nbsp;</p> 
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<p><em>Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.</em></p>

Pyth Network (PYTH) Price Prediction 2024, 2025, 2026-2030

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