Analysis of RIVER: Profit in the pocket for those who heard the signal! 📈
The image speaks for itself. I warned about the potential of RIVER and the chart just delivered a rise of almost 40%. Many ignored it, but the numbers do not lie: the bullish structure was set and the breakout was imminent.
Why did it rise?
Solid Support: It respected the accumulation zones shown on the chart.
Breakout of Averages: Price surged after consolidating above the short and medium-term averages.
On-Chain Liquidity: With $1.87M in liquidity and a growing Market Cap, the asset demonstrated strength to break through resistances.
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