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MYX Finance up 13% after breakout – Can bulls push it past $0.12?
['Lennox Gitonga', 'Written By', 'Reviewed By', 'Muriuki Lazaro', 'Kelvin Murithi', 'Olayiwola Dolapo', 'Ishika Kumari', 'Ritika Gupta']
AMBCrypto
MYX Finance [MYX] is up more than 13% in the past 24 hours after a long period of downtrend.
That said, can MYX Finance sustain the breakout?
MYX Finance breaks out of triangle patternThe 4-hour chart showed the altcoin was trading toward the top of the triangle pattern as it broke resistance levels.
Bulls on the Binance exchange were responsible for the breakout as per the top traders’ long and short ratios for accounts.
Why is the MYX rally likely to continue?