RIVER is under strong selling pressure on the higher timeframe, with price continuing its post-launch correction after the early hype cycle.
• Price is trading around $8.11, down 15.46% on the day, reflecting sustained bearish momentum.
• The asset previously reached an ATH near $106.99, followed by a prolonged downtrend and heavy drawdown.
• On the daily timeframe, price is trading below EMA(9) at $12.24 and EMA(15) at $15.12, with EMA(9) below EMA(15) — confirming a bearish trend structure.
• Market cap sits around $387.43M, while FDV is $811.28M, indicating a large portion of supply may still be unlocked or yet to enter circulation.
• Liquidity is approximately $1.34M, which is relatively low compared to valuation and increases the risk of sharp price swings during large buy or sell orders.
• The recent trend shows continued lower highs and fading volume after the initial launch spike, suggesting weakening momentum and limited buyer support at current levels.
• Immediate resistance appears near the $12 – $15 EMA zone, while short-term support is forming near the $7 – $8 region.
Overall, RIVER remains in a clear downtrend on the daily timeframe. Unless price reclaims the EMA resistance zone with strong volume, the structure favors continued consolidation or further downside — especially given the low liquidity relative to valuation.
$RIVER
