Not Pixel (PX) Price Prediction

TLDR
Not Pixel (PX) faces mixed signals: bullish catalysts from gaming engagement and token burns clash with bearish technicals and altcoin market headwinds.
1. Active Telegram tournament could boost burns and player incentives
2. Oversold RSI hints at possible rebound but MACD signals bearish momentum
3. Bitcoin dominance at 64.76% pressures altcoin liquidity

Deep Dive

1. Project-specific catalysts

The ongoing Telegram Tournament #2 (started June 17, 2025) creates dual pressure:
- 5% of every pixel transaction gets burned, with 1M+ PX already committed to the prize bank
- Tournament mechanics incentivize PX accumulation for rankings, potentially increasing buy pressure before the July 2025 conclusion

The roadmap’s Q2 2025 deliverables – including 16M PX buyback program and PX staking – could tighten supply if implemented alongside new game modes like PX Battle. However, delayed feature launches (common in crypto gaming) might dampen momentum.

2. Technical outlook

Current price ($0.0915) trades below all key SMAs (7-day SMA $0.1069, 30-day SMA $0.1043), with:
- RSI 35.7 (7-day) nearing oversold territory
- MACD histogram -0.00239 confirming bearish momentum
- Critical support at $0.088 (78.6% Fibonacci retracement)

A break below $0.088 could trigger panic sells toward the yearly low, while reclaiming the pivot point ($0.0979) might signal short-term recovery. The 24h volume surge (+100% to $1.02M) suggests volatile position-squaring.

3. Market & competitive landscape

PX remains the top TON blockchain token by liquidity, but faces sector-wide challenges:
- BTC dominance hit 64.76% on July 2 – highest since June 2024
- Altcoin season index at 22/100 shows capital remains risk-averse
- Spot trading volume fell 26% weekly across crypto markets, thinning PX’s liquidity pool

The TON ecosystem’s growth (+11.9% in TVL last month) provides structural support, but PX needs sustained gaming traction to outperform rivals.

Conclusion

PX’s fate hinges on tournament-driven token burns countering macro altcoin weakness, with technicals suggesting cautious accumulation near $0.088 support. Can Not Pixel’s gaming incentives overcome Bitcoin’s dominance before the July tournament climax?