$RIVER Bulls Take Control as Price Skyrockets 41%
$RIVER USDT is currently on a massive tear, surging over 41.49% to hit a local peak of $5.712 as the market experiences a violent bullish breakout. The 15-minute chart reveals a textbook parabolic move, with price action decisively slicing through the MA(7), MA(25), and MA(99) technical levels, signaling intense buying pressure and a complete trend reversal from previous lows of $3.890. This explosive volatility is backed by a staggering 24-hour trading volume of $66.43M, reflecting a surge in liquidity as traders capitalize on the momentum of the newly launched "Conversion 2.0" protocol upgrade. With the price currently testing the $5.740 resistance zone and the moving averages fanning out in a strong bullish alignment, the market is bracing for either a continuation toward the psychological $6.00 mark or a high-stakes consolidation as early entrants look to lock in gains.
