🌊 River ($RIVER ) Full Analysis in short
RIVER/USDT Quick Analysis
Current Price: ~$46.40 (Recovering from recent dip)
Trend: Bullish on 4H and Daily timeframes.
Support: $45.10 (Immediate) | $42.00 (Major)
Resistance: $48.56 (ATH) | $50.00 (Psychological)
Technical Summary:
The price is currently consolidating just below its All-Time High. If it breaks and holds above $48.60, the next major target is $55.00. However, the RSI is near overbought levels, so a brief retest of the $45.00 support is likely before the next leg up.
Key Driver:
High trading volume on Binance and new exchange listings (like Coinone) are keeping the momentum strong.
Summary: The trend is strongly Bullish, but entering at the $ATH is risky. Look for entries during pullbacks near the $40 support level.
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