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Crypto & Bitcoin

PYTH Price Jumps 20% as Breakout Targets $0.13021 Resistance

Reported by Yash Jain, Coinpedia

Image: Coinpedia

PYTH surged nearly 20% intraday after breaking above the $0.08148 resistance level. A September golden cross supports the bullish outlook, with $0.13021 as the next resistance target. Losing $0.08148 could expose PYTH to downside levels at $0.05589 and $0.03703. PYTH price has finally broken above the $0.08148 resistance level, sending the token nearly 20% higher intraday. The catalyst? Fresh data shared today from an “RWA Perp Report” has reportedly lifted investor sentiment. Now, bulls have a bigger target in sight, but holding this breakout is the real test. The move puts PYTH at a critical technical juncture.

This is an excerpt. The reporting belongs to Coinpedia.

Read the full report on coinpedia.org
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