Myro Price Prediction as MYRO Starts Trending on Social Media – What Does it Do?

Arslan Butt

Last updated:

| 2 min read

Myro

MYRO, the cryptocurrency in question, has witnessed a modest uptick in its valuation. The price of MYRO is currently $0.240028, with trading activity over the last 24 hours reaching $78.63 million. The currency has appreciated by 1.65% within this period.

Standing at the #230 rank in CoinMarketCap’s listings, MYRO boasts a market capitalization of approximately $226.64 million. It circulates 944.20 million coins against its capped supply of 1 billion MYRO coins.

Myro Price Prediction

In the technical realm, MYRO has established its pivot point at $0.2223. Traders have identified immediate resistance at $0.2597, with subsequent hurdles at $0.2784 and $0.2990. Conversely, the support framework is presently solidified at $0.1995, with further potential supports at $0.1808 and $0.1616.

The Relative Strength Index (RSI) stands at 58, indicating neither an overbought nor an oversold state, which provides room for potential price action in either direction. The 50-Day Exponential Moving Average (EMA) is noted at $0.2284, closely aligning with the pivot point, which may act as a dynamic support in the short term.

MYRO’s trading pattern has been noteworthy, currently positioned above the 23.6% Fibonacci retracement level near the $0.2225 mark. This level is crucial as it aligns with the pivot point, adding credence to its role as a key support in the chartist’s eye.

Myro

In conclusion, the overall trend for MYRO is bullish, provided it sustains above the $0.2225 benchmark. The short-term forecast suggests an optimistic trajectory, with the potential to test further resistance levels if the current support remains robust.

Sponge V2’s Exchange Listing Nears: Final Chance for Acquisition and Staking

As Sponge V2 gears up for its highly anticipated exchange listing, investors are presented with the last window to acquire and stake the token, potentially reaping substantial rewards. This evolutionary leap from Sponge V1 to V2 is distinguished by a novel staking mechanism and a significant price rally.

Key Highlights:

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