The post MYX crypto rallies 23%, but will the momentum last? appeared on BitcoinEthereumNews.com. MYX Finance rallied more than 23% in the past 24 hours as per CoinMarketCap data, leading all top 100 coins by market cap. These gains erased all the weekly losses, as it put the altcoin up 19% on this scale. MYX and MemeCore [M] were the only coins that recorded double-digit gains during the day as of press time. This outperformance of the whole crypto market came at a time when the capitalization fell below the $3 trillion mark, losing about 5%. Speculation on a potential Binance listing this December is what probably fueled this surge. MYX Finance [MYX] traders increasingly became optimistic after the launch of MYX perpetual futures, which historically preceded spot listings. Bulls fuel MYX price breakout  Also, the more than 23% gains as of press time were pushed by the technical breakout on the charts. After being quiet for more than 10 days of November, bulls broke above $3 as they gained more momentum. The MACD flipped green while the signal lines rose above bars that were increasing in size. Additionally, the On Balance Volume (OBV), which was also flat for two weeks, spiked past $11 billion. In case the momentum is maintained, higher prices past $3.50 could be achieved. The zone was responsible for the bearish price action that pushed the price up to the $2.29 low of the last two weeks. Source: TradingView The key demand zone for bulls that drove the initial breakout was at $2.60. However, this was met with rejection, which fell to $2.70, where a true breakout followed. When writing, MYX was trading around $3.50, with bulls showing they could breach the zone despite the sell pressure here. The volume of the hourly candles indicated the presence of enough liquidity. The robustness of the price movement affirmed the volatility in… The post MYX crypto rallies 23%, but will the momentum last? appeared on BitcoinEthereumNews.com. MYX Finance rallied more than 23% in the past 24 hours as per CoinMarketCap data, leading all top 100 coins by market cap. These gains erased all the weekly losses, as it put the altcoin up 19% on this scale. MYX and MemeCore [M] were the only coins that recorded double-digit gains during the day as of press time. This outperformance of the whole crypto market came at a time when the capitalization fell below the $3 trillion mark, losing about 5%. Speculation on a potential Binance listing this December is what probably fueled this surge. MYX Finance [MYX] traders increasingly became optimistic after the launch of MYX perpetual futures, which historically preceded spot listings. Bulls fuel MYX price breakout  Also, the more than 23% gains as of press time were pushed by the technical breakout on the charts. After being quiet for more than 10 days of November, bulls broke above $3 as they gained more momentum. The MACD flipped green while the signal lines rose above bars that were increasing in size. Additionally, the On Balance Volume (OBV), which was also flat for two weeks, spiked past $11 billion. In case the momentum is maintained, higher prices past $3.50 could be achieved. The zone was responsible for the bearish price action that pushed the price up to the $2.29 low of the last two weeks. Source: TradingView The key demand zone for bulls that drove the initial breakout was at $2.60. However, this was met with rejection, which fell to $2.70, where a true breakout followed. When writing, MYX was trading around $3.50, with bulls showing they could breach the zone despite the sell pressure here. The volume of the hourly candles indicated the presence of enough liquidity. The robustness of the price movement affirmed the volatility in…