Can MYX Finance Rise Back to $5? This is MYX Price Prediction! (10/20/25)

Jakarta, Pintu News – The crypto market recently witnessed a dramatic drop in the value of MYX Finance (MYX), which had seen significant gains. After peaking at $19, MYX experienced a sharp decline to its lowest level. The big question that arises is whether MYX can return to the price level of $4.33 or even higher?

MYX Finance Performance

MYX Finance (MYX), the native token of a decentralized exchange specializing in perpetuity contracts, experienced a dramatic rise of 1,878% in less than 10 days in September. However, after peaking at $19, the value of the token fell sharply. This decline coincided with Bitcoin’s (BTC) drop from $126,000 to $102,000, affecting the entire altcoin market.

Also Read: 5 Reasons Why Avalanche (AVAX) Price Exploded in Q4 & is in the Crypto Whale Spotlight!

Causes of MYX Full Retracement

In September, MYX’s trading volume increased significantly, but decreased when the price fell below $10. This caused MYX to lose almost all of the gains it had made. At some point, the 78.6% Fibonacci retracement level at $4.82 briefly acted as support, but was not strong enough to prevent further declines.

MYX Price Recovery Potential

Currently, MYX is trading at $2.93. If MYX can stabilize and reverse the $4.33 level into support, there is potential for a short-term recovery in strength. However, the market structure on the daily and 4-hour charts still suggests a bearish trend. The On-Balance Volume (OBV) indicator shows ongoing selling pressure, although it has slowed down in the last three days.

Short-term Expectations for MYX

The latest volatility was largely triggered by altcoin selling last Friday. If MYX can maintain support in the $2.5 zone and surpass the swing high of $5.6, this could be an indication that buyers are starting to take control of the market. Additionally, an increase in the Moving Average Convergence Divergence (MACD) towards the zero line could be an early clue that momentum is starting to change.

MYX Finance Outlook

Although MYX Finance (MYX) has experienced a significant decline, there is still an opportunity for recovery if market conditions are favorable and trading volume increases. Monitoring market indicators and trading volume will be critical to determine the future price direction of MYX.

Also Read: ChatGPT Prediction: XRP, DOGE & PEPE could hit an all-time high by the end of 2025!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• AMB Crypto. MYX retraces 100% of its rally, can bulls reclaim $5 next? Accessed on October 20, 2025