The cryptocurrency market is showing signs of recovery, with many major tokens trading in the green as the U.S. Federal Reserve prepares to announce a potential interest rate cut. This positive sentiment has led to over $440 million in liquidations, primarily affecting short positions. Among the top performers, MYX Finance (MYX) and Mantle (MNT) are exhibiting a bullish technical outlook, while Dogwifhat (WIF) is facing a significant resistance level.
MYX Finance (MYX) is up over 8% in the past 24 hours, reclaiming the $10 psychological level. The token's Relative Strength Index (RSI) is at 67, suggesting strong buying pressure. The immediate target for MYX is its recent peak of $19. However, a potential bearish crossover on the Moving Average Convergence Divergence (MACD) indicator could signal a shift in momentum, and a drop below $10 could see the price fall to the 50-day Exponential Moving Average (EMA) at $4.99.
Mantle (MNT) is trading near $1.70, just below its all-time high of $1.77. The token is targeting the $1.80 resistance level, and a break above this could push it toward $2.21. The RSI for MNT is at 74, indicating strong buying, while the MACD shows a clear bullish trend. The R1 pivot level at $1.48 is expected to act as support if the price pulls back.
Dogwifhat (WIF) is trading slightly down, facing a major resistance trendline formed by connecting its peaks from November 2024 and July 2025. This resistance is strengthened by the 200-day EMA at $0.995. A successful breakout above this level could propel WIF's price to the $1.212 retracement level. Both the RSI and MACD suggest a bullish bias, increasing the chances of a breakout. Conversely, a failure to surpass this resistance could lead to a retest of the 50-day EMA at $0.894.
September 2025, Cryptoniteuae