$RIVER right now is one of the hottest altcoins on Binance: +18% in 24h, price $4.68, volumes increased by 3.2 times. RSI on the hourly 54.97 — the market is still NOT overbought, there is room for continuation of the impulse.
Key levels:
Support $4.30–$4.35 (zone of former resistance + 50 EMA)
Resistance $5.20 → $5.85 → $7.80–$8.00 (target of the bullish scenario, 0.618 Fib from the entire drop in October).
Bullish scenario (65% probability for the next 48 hours):
Entry: $RIVER $4.60–$4.70 (retest of support)
TP1 $5.20 (+12%)
TP2 $5.85 (+25%)
TP3 $7.80 (+67%)
SL $4.40 (–4.5% from entry)
Bearish scenario (if we lose $4.30):
Short $RIVER from $4.35–$4.40
TP1 $4.00
TP2 $3.70
SL $4.70
Volatility is high → we risk a maximum of 1–2% of the deposit! Be sure to move SL to breakeven after +8–10%.
Who else sees $8+ for RIVER by the end of December — write your forecast in the comments!
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