Image of MYX
MYXMYX Finance
$0.05989
5.33%
1D

MYX Finance Analysis

Investment Score
A quick view into MYX Finance's investment prospects.
3.7

The setup lacks strong confirmation and carries enough risk to justify caution at current levels.

What is helping
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
  • Volatility is relatively contained right now, which supports a cleaner trading environment.
Main risks
  • Price is too close to resistance relative to nearby support.
  • The higher-timeframe trend is still working against fresh longs.
Market State Summary
Current regime
Bear Quiet
Confidence: 80%
Why this state?
  • MYX is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Quiet regime, the best-fit approach is Stay defensive and wait for confirmation. The market is weak without panic-level volatility, which usually argues for staying defensive, avoiding aggressive entries, and waiting for clearer evidence of a reversal.

Trend
Bearish
MYX is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Neutral
RSI is 35.91, which is neither overbought nor oversold.
Volatility
Quiet
MYX ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.06064 - $0.07730
Support zone
$0.05261 - $0.05701
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Average
Support & Resistance

MYX Finance support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.05261 - $0.05701
Resistance zone
$0.06064 - $0.07730
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.05261 - $0.05701
Resistance 1$0.06064 - $0.07730
Resistance 2$0.08384 - $0.09096
Resistance 3$0.1104 - $0.1171
Resistance 4$0.2772 - $0.2850
Scenario Analysis
Bullish scenario

MYX clears the resistance zone at $0.06064 - $0.07730 and holds above it. That would strengthen the breakout case and shift attention to $0.08384 - $0.09096.

Bearish scenario

MYX loses the support zone at $0.05261 - $0.05701. That would weaken the setup and open the way toward $0.05261 - $0.05701.

Neutral scenario

MYX continues trading between $0.05701 and $0.06064. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.06990
Bearish
MYX is trading below the 50-day average.
SMA200
$0.1391
Bearish
MYX remains below the long-term trend line.
EMA50
$0.07195
Bearish
MYX is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.4405
Bearish
MYX is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
35.91
Neutral
RSI (14) is at 35.91, which keeps momentum in a balanced range.
Stoch RSI (14)
9.22
Oversold
Stoch RSI (14) is low at 9.22, which shows momentum is pressing near its recent lower extreme.
MACD
-0.002843
Bearish
MACD is below its signal line.
ATR
7.16%
Quiet
Volatility is below its 180-day median.
VWMA
$0.07070
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-167.74
Bearish
CCI (20) is weak at -167.74, which shows price is trading well below its recent average.
Awesome Oscillator (5, 34)
$-0.007797
Bearish
Awesome Oscillator is below zero at $-0.007797, which supports bearish momentum.
Williams Percent Range (14)
-71.98
Neutral
Williams Percent Range (14) is at -71.98, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.008485
Bearish
Bull Bear Power (13) is negative at $-0.008485, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
48.53
Neutral
Ultimate Oscillator is at 48.53, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.06007
Bullish
MYX is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.07188
Bearish
MYX is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to MYX Finance

Over the past 7 days, MYX Finance price was most positively correlated with the price of Virtuals Protocol (VIRTUAL), Bonk (BONK), Shiba Inu (SHIB), Cardano (ADA) and Ethereum Name Service (ENS) and most negatively correlated with the price of LEO Token (LEO), Monero (XMR), Pyth Network (PYTH), Basic Attention Token (BAT) and Stacks (STX).

Positively Correlated Currencies
NameCorrelation
Image of Virtuals ProtocolVirtuals Protocol0.960
Image of BonkBonk0.960
Image of Shiba InuShiba Inu0.958
Image of CardanoCardano0.955
Image of Ethereum Name ServiceEthereum Name Service0.951
Negatively Correlated Currencies
NameCorrelation
Image of LEO TokenLEO Token-0.852
Image of MoneroMonero-0.646
Image of Pyth NetworkPyth Network-0.557
Image of Basic Attention TokenBasic Attention Token-0.542
Image of StacksStacks-0.473

MYX Finance price is positively correlated with the top 10 coins by market cap with a price of 0.576, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.640. Currencies that are positively correlated with MYX Finance indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with MYX Finance, a move in one direction for MYX Finance would translate into a move in the opposite direction for the negatively correlated coin.

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