Just a few days ago, MYX Finance seemed to be settling down. After its wild climb and sharp pullback, the token had hovered around $10 for nearly two full days, suggesting the rally may have cooled off. For many, that would’ve been an impressive conclusion to a run that started just above $1. But as we’ve seen before, MYX doesn’t like to stay quiet for long.
Back on the Move
Today, MYX is a top performer once again, jumping over 53% in the last 24 hours and reaching a new short-term high of $16.50. It hasn’t yet matched the recent peak of $19, but the rebound is strong enough to put the token back into the spotlight – and back into the top 40 cryptocurrencies.
With a market cap of $3.2 billion, MYX is now once again ahead of established names like Pi Network, Polygon, and Arbitrum.
Read also: MYX Finance Volatility Returns as Airdrop Scandal Grows
Technical Picture Brightens Again
From a charting perspective, the setup is turning positive again. The RSI is now just above 70, signaling renewed strength – though it does suggest the token may be entering overbought territory again. At the same time, momentum oscillators have flipped bullish, and MYX continues to trade well above all major moving averages.
While these indicators don’t guarantee continuation, they show that the latest push has some technical support behind it. Combined with renewed buying interest and liquidity, it could give the rally more room to continue – if the momentum holds.
Read also: How to recognize a crypto presale scam? Full guide
Volatility Remains Part of the Story
As always with MYX, it’s hard to predict what comes next. Its volatility is part of its identity at this point. The last two weeks have shown everything from sudden crashes to rapid recoveries – and this latest jump fits right into that pattern.
Still, returning to $16.50 after stalling at $10 may be a sign that the project continues to attract new attention, despite past controversy and continued scrutiny. Whether it can sustain this renewed rally is another question.
