Top 3 altcoins with prominent trends today - January 13

Story (IP) is making a strong breakout, rising to lead the market with double-digit gains within just 24 hours. At the same time, MYX Finance (MYX) and Dash (DASH) also recorded impressive increases, approximately 6%. This recovery is pushing IP, MYX, and DASH closer to key resistance levels, opening up expectations for continued short-term upward trends.

Story Continues Its Recovery Momentum

As of Tuesday, Story increased by over 1%, following a 27% surge on Monday. This is the third consecutive recovery session for this coin, bringing its price close to the psychological level of $3.00 and near the November 6 bottom at $3.26 — a resistance level that previously halted its rally on November 26.

In a positive scenario, if IP successfully breaks above $3.26, the price is likely to extend its upward momentum toward the 200-day exponential moving average (EMA) around $4.101.

Daily IP/USDT Chart | Source: TradingView Momentum indicators on the daily timeframe are reinforcing bullish prospects. The (RSI) has risen to 79, indicating overbought conditions, while the MACD remains upward with green histogram bars, suggesting buying pressure still dominates.

Conversely, if Story fails to conquer the $3.00 level, profit-taking pressure could trigger a correction, causing the price to retest the 50-day EMA at around $2.356.

MYX Finance May Face Challenges Breaking Above $6

MYX Finance is approaching a significant short-term resistance zone around $6.07 — matching the closing price on January 3. Currently, MYX has increased by nearly 1%, extending its recovery after a 4% gain in the previous session, indicating sustained buying interest.

If the price can decisively close above $6.07, MYX’s upward momentum is likely to expand toward the January 3 high at $7.29. However, on this journey, the coin will face a notable resistance line formed by the peaks on October 29 and November 15, which could exert short-term profit-taking pressure.

Daily MYX/USDT Chart | Source: TradingView Technically, bullish momentum is gradually returning as the daily RSI rises to 71, entering overbought territory. Meanwhile, the MACD line and signal line continue upward, reflecting a positive trend. However, the lack of a clear breakout signal from these indicators suggests that reversal risks cannot be ruled out.

In a less optimistic scenario, if MYX fails to hold above $6.07 and reverses downward, the price could retreat to test the January 6 bottom around $4.58.

Dash’s Recovery Approaches the 200-Day EMA

Dash recorded a 3% increase as of Tuesday, following a 6% surge in the previous session. This privacy-focused cryptocurrency’s recovery, originating from the December 23 bottom near $36.68, is pushing the price close to the 200-day exponential moving average (EMA) at $41.30.

If DASH successfully breaks through this important technical level, the bullish trend could be reinforced, opening room for further gains toward the 50-day EMA at $45.04.

Daily DASH/USDT Chart | Source: TradingView Technical signals on the daily chart favor a bullish scenario. The RSI at 46 approaching neutral levels indicates buying pressure is gradually overtaking selling pressure, marking a reversal from last week’s weakening trend. Additionally, the MACD line has crossed above the signal line, confirming the emergence of new bullish momentum.

On the downside, if the price fails to break above the resistance zone at $41.30 and reverses downward, DASH risks retreating to retest the support zone around $36.68.