PYTH Midterm Analysis

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As we see, there is a DeFi trend, more and more protocols are launched ecosystems are growing, etc. PYTH is an Oracle network which will be used by many services in DeFi. So from fundamental point of view, PPYTH has strong background.

From technical perspective, from the chart you might notice growing trading volume within past month or so. Taking into account little to no growth it indicates price consolidation accompanied by accumulation, which during a bull market usually leads to a mid-term growth.
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Bitcoin Sale postponed growth but PPYTH still stays quite strong, I think that the target will still be reached in case Bitcoin makes a new ATH
Beyond Technical AnalysisFundamental AnalysisTechnical Indicatorslongsetupmidtermpyth

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