{"id":563934,"date":"2026-01-22T19:00:41","date_gmt":"2026-01-22T13:30:41","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=563934"},"modified":"2026-01-22T14:52:59","modified_gmt":"2026-01-22T09:22:59","slug":"myx-rallies-12-can-bulls-control-6-12-resistance","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/myx-rallies-12-can-bulls-control-6-12-resistance\/","title":{"rendered":"MYX rallies 12% &#8211; Can bulls control $6.12 resistance?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">MYX is back in the headlines. It surged 12% on the 22nd of January, topping the list of gainers.\u00a0<\/span><\/p>\n<figure id=\"attachment_563941\" aria-describedby=\"caption-attachment-563941\" style=\"width: 680px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/MYTC.jpg\"><img decoding=\"async\" class=\"wp-image-563941 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/MYTC.jpg\" alt=\"\" width=\"680\" height=\"383\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/MYTC.jpg 680w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/MYTC-300x169.jpg 300w\" sizes=\"(max-width: 680px) 100vw, 680px\" \/><\/a><figcaption id=\"caption-attachment-563941\" class=\"wp-caption-text\">Source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Since the beginning of 2026, MYX surged over 96%, with a brief retrace. Despite this, it remained up over 63% for the year at the time of writing. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The coin had a strong performance in 2025, looking back to its all-time high (ATH) of $19.90. But what caused this 12% rally?<\/span><\/p>\n<h2><strong>V2 Airdrop\u2019s reward distribution fuels MYX<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">On the 8th of January, MYX launched its largest airdrop to date, distributing 5 million MYX tokens (worth approximately $29.45M) and 5 million ZKP tokens. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The distribution targeted early users who engaged with the platform before the V2 update. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The airdrop incentivized user loyalty and attracted new participants, reducing sell pressure by encouraging holders to keep their positions. How did this airdrop directly impact MYX\u2019s price surge?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The market saw increased demand for <\/span><a href=\"https:\/\/ambcrypto.com\/myx-finance-surges-68-despite-weak-on-chain-metrics-heres-how\/\"><span style=\"font-weight: 400;\">MYX Finance [MYX]<\/span><\/a><span style=\"font-weight: 400;\"> tokens as a result of the airdrop, driving the bullish movement. This strategy acted as a catalyst for MYX\u2019s 12% rally. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Yet, the long-term impact depends on how these tokens are handled in the secondary market. Could the rally continue post-claim?<\/span><\/p>\n<h2><strong>MYX shows massive strength<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">MYX Finance [MYX] completed a bullish double bottom formation, a signal of massive strength. After reaching $7.20, it formed the first bottom, and the second bottom now played out. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Should MYX break resistance at $6.12, the double bottom pattern could drive it higher.\u00a0<\/span><\/p>\n<figure id=\"attachment_563938\" aria-describedby=\"caption-attachment-563938\" style=\"width: 953px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/MYXUSDT_2026-01-22_08-47-13.png\"><img decoding=\"async\" class=\"wp-image-563938 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/MYXUSDT_2026-01-22_08-47-13.png\" alt=\"\" width=\"953\" height=\"894\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/MYXUSDT_2026-01-22_08-47-13.png 953w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/MYXUSDT_2026-01-22_08-47-13-300x281.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/MYXUSDT_2026-01-22_08-47-13-768x720.png 768w\" sizes=\"(max-width: 953px) 100vw, 953px\" \/><\/a><figcaption id=\"caption-attachment-563938\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Looking ahead, breaking resistance could push MYX to $7.30, confirming the bullish trend. Traders are waiting for confirmation that the rally has legs.<\/span><\/p>\n<h2><strong>Liquidity surrounds $7.60: Will it act as a magnet?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">MYX\u2019s liquidity heatmaps revealed decent clusters forming around $7.60 on higher timeframes. These zones are often targeted by market makers, and if MYX breaks resistance, it <\/span><a href=\"https:\/\/ambcrypto.com\/myx-climbs-11-after-weeks-of-silence-can-bulls-defend-this-zone\/\"><span style=\"font-weight: 400;\">could trigger a rally.<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<figure id=\"attachment_563937\" aria-describedby=\"caption-attachment-563937\" style=\"width: 1553px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/MYXH.png\"><img decoding=\"async\" class=\"wp-image-563937 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/MYXH.png\" alt=\"\" width=\"1553\" height=\"805\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/MYXH.png 1553w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/MYXH-300x156.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/MYXH-1024x531.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/MYXH-768x398.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/MYXH-1536x796.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/01\/MYXH-1200x622.png 1200w\" sizes=\"(max-width: 1553px) 100vw, 1553px\" \/><\/a><figcaption id=\"caption-attachment-563937\" class=\"wp-caption-text\">Source: CoinGlass<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">If MYX clears the resistance, it could test new highs. However, failure to break $6.12 resistance could invite a pullback, challenging support at $4.40.<\/span><\/p>\n<h2><strong>Potential risk: Will MYX manage to stay above $4.40?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Despite the bullish outlook, MYX needed to hold above $4.40, which became a crucial support level. If it failed to maintain this level, it risked retracing deeper.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The MACD showed increasing bullish momentum with a rising histogram, confirming upward pressure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Additionally, the RSI was at 63.19, indicating that MYX was in the neutral to bullish zone, with room for further gains. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Traders closely monitored these indicators, as a failure to maintain support at $4.40 could have weakened the bullish momentum and limited MYX\u2019s upside potential.<\/span><\/p>\n<hr \/>\n<h2><strong>Final Thoughts<\/strong><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><em>MYX\u2019s rally was heavily influenced by the V2 airdrop, which increased demand and reduced sell pressure.<\/em><\/li>\n<li style=\"font-weight: 400;\"><em>The bullish double bottom formation suggested further gains, but $4.40 remained the critical support level.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>MYX rallies 12%, boosted by the V2 airdrop.<\/p>\n","protected":false},"author":119,"featured_media":563962,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-563934","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MYX rallies 12% - Can bulls control $6.12 resistance? 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