The cryptocurrency in question, MYRO, has seen a slight increase in its valuation. MYRO price is currently $0.240028, with trading activity reaching $78.63 million in the past 24 hours. The currency appreciated by 1.65% during this period.
MYRO, which is ranked 230th in CoinMarketCap's listing ranking, boasts a market capitalization of approximately $226.64 million. There are 944.2 million coins in circulation against the supply limit of 1 billion MYRO coins.
Myro price prediction
In the technical area, MYRO has set a pivot point at $0.2223. Traders see immediate resistance at $0.2597, with subsequent hurdles at $0.2784 and $0.2990. Conversely, the support framework is currently solidified at $0.1995, with further support potential at $0.1808 and $0.1616.
The Relative Strength Index (RSI) is 58, indicating neither overbought nor oversold conditions, with room for potential price movement in either direction. The 50-day exponential moving average (EMA) is notable at $0.2284, which is roughly in line with the pivot point and could act as dynamic support in the short term.
MYRO’s trading pattern is noteworthy as it is currently above the 23.6% Fibonacci retracement level near $0.2225. This level is very important as it coincides with the pivot point, adding credibility to its role as an important support in the chartist's eyes.
In conclusion, the overall trend for MYRO is bullish if it remains above the benchmark $0.2225. Near-term forecasts suggest an optimistic trajectory and could test further resistance levels if current support remains solid.
Sponge V2 nears exchange listing: last chance for acquisition and staking
As Sponge V2 prepares for its long-awaited exchange listing, investors are presented with a final window to acquire and stake their tokens, with the potential to reap hefty rewards. This evolutionary leap from Sponge V1 to V2 is marked by new staking mechanisms and significant price increases.
Main highlights:
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Get Sponge V2 hereDisclaimer: Cryptocurrency is a high-risk asset class. This article is for informational purposes only and does not constitute investment advice. You could lose all your capital.
