Dec 16, 2025

PYTH Price Poised for Upside as Bullish Wedge Approaches Breakout

TLDR: PYTH’s daily chart shows a falling wedge, signaling potential bullish reversal above $0.06. Price compression and reduced selling suggest stabilization and accumulation in the market. Monthly $PYTH buybacks inject consistent demand, gradually reducing circulating supply. Initial breakout targets $0.08, with a full wedge move potentially reaching $0.10+. PYTH Network ($PYTH) is showing technical signs [...]

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Source: Blockonomi →