Pyth Network (PYTH)

Pyth Network (PYTH)
The Pyth Network is the largest and fastest-growing first-party Oracle network. It delivers real-time market data to financial dApps across 40+ blockchains.

This is accompanied by 380+ low-latency price feeds for cryptocurrencies, equities, ETFs, FX pairs, and commodities.

Pyth Network experienced a significant reversal in the recent session, making itself one of the biggest losers this week. It registered a decline of approximately 23.4%, ranking it the fourth biggest loser of the week.

Currently, PYTH was headed downwards to retrace the lower support zones. The RSI line and the 14-day SMA line had withdrawn below the mean line, suggesting a weak trend.
Trend Analysis

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