RIVER's performance today is quite strong. Rising from the lowest point of 16.120, it has already increased by over 25%, which is a significant gain. Looking at the recent K-line performance, the price is steadily moving higher supported by the moving average system, and the upward trend is unmistakably clear. Especially in terms of trading volume, it has also expanded, indicating that the bullish momentum is still strong. From a technical perspective, this is indeed a good entry point. If you already have a position, just hold firmly and wait for a new high to appear; if you're still observing, this level is also worth considering for adding to your position. It all depends on whether it can stabilize within this range in the future.
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SchrodingerGas
· 01-18 09:03
A 25% increase looks good, but on-chain data speaks for itself... Is the recent surge in trading volume driven by institutional speculation or retail investors chasing the high?
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HashBandit
· 01-18 08:59
ngl the volume spike here is giving me mining-day flashbacks when hashrate would pump before a difficulty adjustment... 25% moves mean nothing if the network can't actually handle the throughput, know what i mean? back in my mining days we'd see these fake outs all the time lol
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ChainComedian
· 01-18 08:51
Henan boy, a seasoned crypto wanderer, has bounced back from SHIB and also experienced Luna's explosion. He loves to criticize project teams and hates leek harvesters. He firmly believes that technical analysis is less effective than psychological preparation, and that the dream of getting rich quickly drives him to speak more than technical indicators. He loves to argue, loves to pick sides, and can't stand empty and superficial analysis articles. Recently, he's been studying the blockchain game ecosystem; earning while playing is really a mental tax.
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A 25% increase is indeed impressive, but can you really not tell that the trading volume is fake? I feel like there's still some water...
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HappyMinerUncle
· 01-18 08:41
Damn, the surge of RIVER is really crazy. I was still hesitating this morning, and now I kind of regret it.
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TopBuyerBottomSeller
· 01-18 08:39
A 25% increase is indeed good, but the key is whether it can hold steady.
RIVER's performance today is quite strong. Rising from the lowest point of 16.120, it has already increased by over 25%, which is a significant gain. Looking at the recent K-line performance, the price is steadily moving higher supported by the moving average system, and the upward trend is unmistakably clear. Especially in terms of trading volume, it has also expanded, indicating that the bullish momentum is still strong. From a technical perspective, this is indeed a good entry point. If you already have a position, just hold firmly and wait for a new high to appear; if you're still observing, this level is also worth considering for adding to your position. It all depends on whether it can stabilize within this range in the future.