MOVR: Ready to Fly or Stuck in Orbit? šš„
Moonriver (MOVR) has been gradually climbing back, hitting $9.73, but is this just a small bounce, or are we preparing for liftoff? Over the past few weeks, weāve seen some solid buying pressure, and the price has been steadily pushing upward, showing strength as it battles to reclaim the $10 mark. š
With the price flirting around the 25-day moving average and trading above the 7-day moving average, things are looking promising. The volume has remained relatively stable, showing that investors are keeping an eye on this one. However, the resistance at $10 will be crucialāif we can break through that, expect a sharp push toward $12. š
But be cautious, fam! š¬ If we fail to break this resistance, we might see some downward pressure testing support at $9 or even back to $8.50. Itās a make-or-break moment for MOVR, so keep your alerts on!
Don't forget to subscribe and share your thoughts below! Will MOVR break $10 and head to the moon, or are we in for another leg down? Letās discuss!
