Myria Price Prediction: 2024, 2025, 2030

MYRIA price prediction: Key highlights

1. Primary support and resistance levels

• The lowest possible support for MYRIA is expected to be around $0.0049.
• On the other hand, the highest resistance for the token was recorded at around $0.0137.

2. Market sentiment

• The overall market sentiment is seen to be strongly bearish in April 2024.

3. Predictive forecasts

• Our AI/ML models have predicted that MYRIA may touch an average value of $1.10 by 2030 and $38.82 by 2035.

Get valuable insights on MYRIA’s future through a comprehensive daily technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:

MYRIA technical analysis: Bearish grip gets stronger

The Myria price prediction for 2024, as seen by its market dynamics, performance, volatility, and investor sentiment, presents a comprehensive view of its trading behavior over the analysis period. 

The analysis began with MYRIA in an uptrend, reaching its peak resistance at $0.0137. This early surge indicated strong buying interest. However, it was shortly followed by a corrective pullback. 

Despite this initial setback, the token regained its footing and retouched the $0.0137 mark by the second week of March, showcasing a temporary resurgence in bullish momentum.

As the month progressed, a pronounced downtrend took hold, with MYRIA’s value declining steadily. By mid-March, this downward movement had intensified, causing the token to drop beyond the $0.0112 mark and eventually dip below $0.0097. 

Towards the end of March, a brief rally occurred, allowing MYRIA to ascend back to the $0.0112 level. This recovery proved temporary as April commenced with a further decline in MYRIA’s market value. By mid-April, the token had plummeted below the $0.0073 mark, reaching its lowest resistance at $0.0064. 

In the latter part of April, MYRIA experienced a slight increase in its value, although it faced constant bearish pressure. This modest rise did not significantly alter the overarching downward trend. At the time of analysis, MYRIA was testing below the $0.0073 level, with its value recorded at $0.0071. 

Amidst the market fluctuation, MYRIA’s future is not entirely bleak. According to CoinMarketCap, MYRIA witnessed a 99% surge in price over the past year. Additionally, it recently developed Myria L2 - an Ethereum layer 2 solution utilizing Zero Knowledge rollups (ZK rollups) to club several small transactions into one Ethereum transaction. This will ultimately boost the token’s transaction speed at a reduced cost.

In the face of such pioneering developments, if the bulls manage to rally, MYRIA is likely to touch $0.0097 within the next few weeks. A persistent resilience in the face of bearish forces can even lead to the token’s price reaching $0.0112 within the upcoming months.

However, if the bears continue to dominate, MYRIA may fall to the $0.0064 level within the next few weeks. If the bearish momentum remains sustained, the altcoin may even touch the lowest probable support at $0.0049 within the upcoming months.

MYRIA’s long-term journey seems to be optimistic. Our AI/ML models predict that the token can reach an average value of $1.10 by 2030. Furthermore, if major developments continue, it can even touch $38.82 by 2035.

MYRIA's 2024 roadmap: Key indicators to watch and trade

• The trading volume mirrored the price action. While it remained substantially high at the onset of the analysis period, it also experienced a significant decline following the bearish momentum during mid-March.
• Although the trading volume witnessed a recent recovery at press time, it wasn’t as high as the initial period.
• Until mid-March, the Relative Strength Index (RSI) stayed above the neutral line. However, it dipped by the month’s second half and remained there until the end of the analysis. 
• In mid-April, the RSI experienced another significant drop, falling to its lowest level at 28.04. However, it spiked considerably since then and stood at 42.41 at press time. This indicated that the token was experiencing strong selling pressure.
• The Chaikin Money Flow (CMF) mirrored the movements of the RSI and fell below the neutral line by mid-March. It remained below the neutral line throughout the analysis.
• The CMF rose from its lowest value at -0.28 by mid-April. At press time, it recovered significantly, standing at -0.07. This indicated that there was an outflow of money for the asset.