$RIVER market update 🟢
River unique growth story attracts speculative capitals, outperforming broader market trends with a 30% rise, highlighting strong ecosystem growth.
* Entry Point: $21.50 - $21.70
* Target 1: $22.80
* Target 2: $24.00
* Target 3: $25.50
* Stop Loss: $19.80 (Just below the EMA 25).
The asset is in a strong bullish trend, having surged over 31% in the last 24 hours. While the price recently retraced from its high of $24.07, it is currently finding support at the EMA 7 (yellow line). The RSI (6) has cooled down to 57.46, moving out of overbought territory and suggesting there is room for another leg up. However, the MACD histogram is showing decreasing green bars, indicating a slight loss in momentum; a confirmed bounce here would validate a continuation toward previous resistance.
