The post PYTH Price Prediction: PYTH Aims $1 Within Rising Channel appeared first on Coinpedia Fintech News
With a 126% jump in the last 45 days, the PYTH price trend displays a recovery rally going strong in the daily chart. Being a frequent member of the top gainer’s list, the PYTH network is aiming for trend continuation amidst the market recovery phase.
Amidst the recovery trend, the PYTH price is projecting a high likelihood of reaching the $1 mark. Will the trend continue above the $1 mark with a breakout? Find answers to such questions in our PYTH price prediction now.
Source – Tradingview
As mentioned in our previous article, the PYTH price tests the 1.618 Fibonacci level at the $0.65 mark. Meanwhile, the rising trend forms two parallel boundary lines, resulting in a rising channel pattern, gatekeeping the uptrend.
With the increased supply at $0.65, the altcoin takes a dip within the channel to test the bottom support trendline. Leading to multiple can
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