Latest Push Protocol (PUSH) Price Analysis

By CMC AI
24 September 2025 03:21AM (UTC+0)

Why is PUSH’s price down today? (24/09/2025)

TLDR

Push Protocol (PUSH) fell 4.69% in the past 24h, underperforming the broader crypto market (+0.57%). The decline aligns with a bearish technical setup and reduced liquidity after KuCoin delisted its PUSH/BTC trading pair.

  1. KuCoin delisting impact – PUSH/BTC pair removed June 18, 2025, reducing liquidity and signaling exchange scrutiny.

  2. Oversold technicals – RSI at 23.39 (14-day) suggests exhaustion, but MACD divergence warns of continued weakness.

  3. Market-wide risk-off – Altcoin season index fell 4.23% this week as Bitcoin dominance rose to 57.73%.

Deep Dive

1. Exchange Delisting (Bearish Impact)

Overview: KuCoin delisted the PUSH/BTC trading pair on June 18, 2025, citing compliance with its "Special Treatment Rules." While PUSH remains tradeable via other pairs, the removal eliminated a liquidity channel representing ~8% of its historical volume.

What this means: Delistings often trigger short-term sell-offs as automated trading bots deactivate and holders panic. Reduced liquidity amplifies volatility – PUSH’s 24h volume fell 24.16% to $1.24M, making large trades harder to execute without slippage.

What to look out for: Monitoring PUSH’s order book depth on remaining exchanges like CoinEx and whether new listings emerge to offset lost liquidity.

2. Technical Breakdown (Bearish Impact)

Overview: PUSH broke below its 30-day SMA ($0.0357) and now trades at $0.0304. The MACD histogram (-0.000447) confirms bearish momentum, while the RSI14 (23.39) nears oversold territory but hasn’t triggered a reversal signal.

What this means: Traders often interpret breaks below key moving averages as sell signals. With no immediate support until the June 16 low of $0.03023, the path of least resistance remains downward until RSI resets or volume surges.

3. Altcoin Weakness (Mixed Impact)

Overview: The CMC Altcoin Season Index dropped to 68 (-4.23% weekly), reflecting capital rotation from small caps to Bitcoin. PUSH’s 30-day correlation with ETH weakened to 0.61, showing it’s losing momentum even within smart contract platforms.

What this means: As fear grips the market (CMC Fear & Greed Index: 39), investors favor liquidity over speculative alts. PUSH’s niche in Web3 notifications struggles to attract capital when narratives shift to stablecoins or Bitcoin ETFs.

Conclusion

PUSH’s drop stems from a liquidity shock (KuCoin delisting), bearish chart structure, and sector-wide altcoin outflows. While oversold conditions might invite a bounce, sustained recovery likely requires broader market strength or protocol-specific catalysts like partnerships.

Key watch: Can PUSH hold the $0.030 psychological level, or will another exchange follow KuCoin’s delisting move?

Why is PUSH’s price up today? (18/09/2025)

TLDR

Push Protocol (PUSH) rose 2.68% over the past 24h, slightly outpacing the broader crypto market (+2.22%). The uptick aligns with neutral technical signals and sector-wide altcoin momentum. Here are the main factors:

  1. Altcoin Season Momentum – Crypto’s altcoin rotation favors smaller projects like PUSH

  2. Technical Rebound Signals – MACD bullish crossover hints at short-term buying interest

  3. Exchange Liquidity Shift – KuCoin’s June delisting of PUSH/BTC may have redirected trading activity


Deep Dive

1. Altcoin Season Momentum (Bullish Impact)

Overview:
The crypto market’s Altcoin Season Index sits at 76/100 as of September 18, 2025, up 68.89% over 30 days. This signals capital rotation from Bitcoin into smaller-cap tokens. PUSH’s 24h gain (+2.68%) slightly outpaced the total crypto market’s +2.22% rise.

What this means:
Investors are likely allocating to undervalued alts amid stable BTC dominance (56.93%). PUSH’s $3.32M market cap makes it a higher-beta play in this environment. However, its 60-day -9.57% return suggests caution – the token remains 42.87% below its 2024 peak.

What to look out for:
Sustained altcoin momentum per CoinMarketCap’s Altcoin Season Index.


2. Technical Rebound Signals (Mixed Impact)

Overview:
PUSH’s MACD histogram turned positive (+0.00009189) for the first time since August 2025, signaling potential bullish momentum. The price ($0.0368) sits above its 7-day SMA ($0.0362) but below the 30-day SMA ($0.0365), suggesting indecision.

What this means:
Traders may be reacting to the MACD crossover, though weak RSI (45-47 range) indicates no extreme buying pressure. The Fibonacci 23.6% retracement level at $0.0385 remains a key resistance – a break above could trigger short-term FOMO.


3. Exchange Liquidity Shifts (Neutral Impact)

Overview:
KuCoin delisted PUSH/BTC on June 18, 2025, potentially consolidating liquidity into remaining pairs like PUSH/USDT. While old news, reduced exchange options may have increased volatility in thin markets.

What this means:
The 24h trading volume ($1.96M) remains below PUSH’s 2024 averages, suggesting limited new capital. The token’s 0.59 turnover ratio (volume/market cap) implies moderate liquidity risk – typical for micro-cap projects.


Conclusion

PUSH’s gains appear driven by sector-wide altcoin demand and technical traders rather than project-specific catalysts. While MACD signals hint at upside, weak volume and long-term underperformance (-42.87% YoY) warrant caution.

Key watch: Can PUSH hold above its 7-day SMA ($0.0362) to confirm a trend reversal?

CMC AI can make mistakes. Not financial advice.