With a 30% drop today, $RIVER is flowing in the wrong direction. 🤽
What has happened?
#river is now down 15% from launch. A pump had raised it to $10 but it has now fallen to just $2.80.
People converting River points and selling seems to have put the price under strain. This caused sell-offs and panic
The model should stabilise once the points mechsnism is tweaked again. Look for updates on that.
The numbers are bearish, though.
So look for the MACD to turn bulish if supoort at $2.42 holds firm
