PYTH Under Pressure: Volume Down 31.8% Below Average, Price at $0.0774
- —Price at $0.0774: below SMA-15 but above SMA-30, 50, 90 and 200
- —Daily volume of $21M is 31.79% below the 30-day average
- —Up 48% in 30 days and 68.64% in 90 days, but down 93.22% from the $1.14 peak
- —RSI at 58.5 and a negative MACD histogram point to consolidation risk
Why it matters: Pyth DAO's revenue-funded buyback could create recurring demand, but without amounts or timing the effect remains unconfirmed.
Source: DiarioBitcoin