MYX Finance price surged by nearly 87% in 24 hours due to rising anticipation around MYX Finance V2. On-chain and volume indicators suggest genuine demand is supporting the rally. The alignment between MYX price and OBV signals a healthier rally with sustained accumulation. Momentum indicators introduce caution but historical precedents suggest RSI alone may not signal exhaustion.

The price climbed more than 87%, trading near $6.12, briefly surpassing $7.00. Technical and momentum indicators favor continuation if $7.00 establishes as stable support. Downside risk persists if profit-taking accelerates, potentially sending MYX below $5.83. Securing $7.00 as support could lead to gains toward $8.90 and $10.00.

Read more at Yahoo Finance: MYX Finance Skyrockets 90%, Here’s What Caused The Rally