Worldcoin and MYX Finance lead crypto market rebound

Worldcoin (WLD), Story (IP), and MYX Finance (MYX) are among the best-performing cryptocurrencies in the past 24 hours, supporting a broader market recovery. Worldcoin has reached its highest level in eight months, while MYX Finance is in a "price discovery" phase, suggesting potential further gains. Meanwhile, Story faces the risk of a top formation amid overbought conditions.

MYX Finance recorded an 8% increase on Wednesday, following a 2% gain the previous day. Over the past week, the token has surged more than 340%, hitting an all-time high of $18.50. Technical analysis indicates that the main target remains the 1.272 Fibonacci level at $17.60. However, momentum indicators show overbought conditions, with the RSI at 96, while the MACD continues to point to a bullish trend. In case of a correction, the key support level is $14.08, with the possibility of a decline toward $11.31.

Worldcoin rose 6% on Wednesday, trading above the $2 mark. The rally is linked to Eightco’s announcement of a $270 million fund in WLD. The token is trading above the 61.8% Fibonacci level at $1.96, and breaking this level could extend the rally to $2.73. Additionally, the formation of a Golden Cross strengthens the bullish trend, although RSI levels indicate overbought territory.