#$RIVER Market Overview (January 23, 2026)
Current Price: ~$46.38 – $49.80 (fluctuating rapidly)
24h Change: +15% to +35% (highly volatile)
Market Cap: ~$880M – $940M
Circulating Supply: 19.6M (Total/Max: 100M)
Technical Analysis
1. Price Action & Trend
River is in a parabolic price discovery phase. After a massive 900% surge over the last 30 days, the token recently hit an all-time high (ATH) near $49.00.
Bullish Case: The price has consistently formed "higher highs" and "higher lows" on the 4H and Daily charts. The recent breakout above the $40 resistance level has now flipped that zone into a primary support area.
Bearish Case: The "Vertical Move" often precedes a sharp "Mean Reversion." On the 4H timeframe, some analysts are spotting a bearish divergence (price making higher highs while the RSI makes lower highs), suggesting momentum might be tiring.
2. Key Indicators
RSI (Relative Strength Index): Currently hovering between 71 and 75. This indicates "Overbought" conditions. While assets can remain overbought during strong rallies, it signals that the risk-to-reward for new long positions is currently skewed toward the downside.
MACD: Remains bullish on the daily chart with the signal line trending upward, though the histogram bars are beginning to shorten, hinting at a potential local top or consolidation phase.
Volume: Futures trading volume has exploded (reaching over $2B recently), significantly outpacing spot volume. This suggests the current price action is heavily driven by leverage, which increases the risk of a "long squeeze" if a pullback occurs.
3. Support and Resistance Levels
Level Type Price Point Significance
Major Resistance $50.00 Key psychological barrier; a break here could lead to $55–$60.
Immediate Support $40.00 Former resistance; must hold to maintain the parabolic trend.
Strong Support $32.50 The "Value Zone" where buyers stepped in during the last minor dip.
Major Demand $17.00 – $20.00 Long-term structural support; the "line in the sand" for bulls.
