Pyth price prediction: More downside likely with resistance capping short-term upside

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Pyth drops 11.34% to $0.0844 today

Highlights

Pyth Network approved for Nasdaq Basic distribution and introduced a buyback allocating all eligible product revenue to PYTH token purchases.
Annual recurring revenue from live metric pools using Pyth Pro data reached $9.68 million at September end with recent expansion of AI market feeds to 3,500.
PYTH trades under short- and medium-term moving averages, faces dominant intraday selling, and is expected to remain in a $0.0788 to $0.09 range with a very high probability of further downside in the next 2 to 3 days.

Data tools expansion and token buybacks offset by persistent selling pressure

Pyth Network recently launched new AI market data tools and secured Nasdaq Basic distribution approval, moves that expand the network’s data reach and are accompanied by a token buyback policy that allocates 100% of eligible product revenue to purchasing PYTH tokens, according to Themarketperiodical. This comes in the context of live metric pools launched using Pyth Pro data, which generated $9.68 million in annual recurring revenue at the end of September, as reported by Tokenpost. The go-live of Pyth Pro MCP Server 1.1 has also expanded data accessibility for AI agents with access to 3,500 market feeds, according to Cryptowisser. Despite the positive operational developments and new revenue streams, price action has remained under broader selling pressure.

Sell signals strengthen as price holds below short-term averages

The technical setup shows PYTH/USD is trading below the MA-20 ($0.0865) and MA-50 ($0.0894) on the hourly chart, while holding above the MA-200 ($0.0488). The Ichimoku Kijun sits at $0.0893, acting as immediate resistance. Oscillators signal prevailing bearish momentum: MACD and ADX both flag downside strength, with intraday action dominated by sellers per Bull/Bear Power. RSI and CCI confirm continued weakness with sell signals, and Stochastic RSI is neutral, suggesting a pause in near-term selling pressure without reaching oversold extremes. Awesome Oscillator shows a neutral stance, aligning with overall soft momentum among technical indicators.

Limited breakout prospects as range-bound action dominates outlook

Over the next 2–3 trading days, price is expected to remain within a volatility band defined by $0.0788 on the downside and resistance at $0.09. The probability of a sustained upward breakout is considered very low, with a much higher likelihood of further downward or sideways action dominating the short term. The baseline scenario envisions PYTH consolidating within this established range. Further downside would require a break below the $0.0788 support, while any bullish reversal would only be confirmed by a clear move above $0.0893 resistance.

Anton Kharitonov, expert at Traders Union, sees the recent launch of AI data tools and the start of a revenue-based token buyback as important for long-term value, but notes that these fundamentals have failed to halt the near-term selling pressure. He points out that key technical indicators, including moving averages and oscillators, confirm dominant bearish momentum and constrain any immediate upside. Kharitonov remains cautious, with price capped below $0.09 and support at $0.0788 setting the near-term range. "Until we see PYTH break above the $0.0893 resistance, further downside or sideways stagnation remains the base case."

Earlier, analysts noted that despite robust protocol upgrades and aggressive token buybacks, Pyth faced continued selling pressure, signaling heightened short-term risk. The current deterioration below major moving averages reinforces this bearish backdrop, with traders closely watching the $0.0788 support as a key level that could trigger further downside if breached.

Source of Data: PYTH Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.