RIVER's recent market movement has been quite interesting—a classic stair-step upward pattern. Starting from a low of $11.503, buying pressure has been continuously entering the market, pushing the price up along the moving averages step by step, ultimately reaching a new high of $16.399. Although it retraced to $14.178, there was still a 10.09% increase within the day, with 24-hour trading volume surpassing 458 million USDT and a trading volume of 34.4971 million. The key point is that during the rally, trading volume kept expanding, indicating that bullish funds are indeed continuously flowing in. The earlier low positions have now become the "cornerstone" of this upward movement.
Over the past 30 days, the increase has been 135.24%, showing a clear medium-term bullish trend. Although there was a -11.77% correction in the last 7 days, this seems more like short-term consolidation pressure and does not change the current upward pattern.
Regarding trading rhythm, instead of chasing highs, it's better to wait. Entering small positions again when the price retraces to the $13.00-$13.50 range would be more prudent, as this is a key support level. Take profit in stages: first watch at $14.50, then at $15.00. If the price breaks through the previous high, aim for $16.00. Set stop-loss at $12.50; if the price falls below this level, the short-term upward trend is likely to weaken.
In simple terms, this stair-step climb of RIVER is a signal that the bulls are gaining strength. The bears should stay out of the way; counter-trend trading will only be eaten by the market. For the bulls, patience is key—wait for a retracement to buy low, which will allow for a more secure capture of this wave of gains.
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MysteryBoxAddict
· 15h ago
Staircase rise? This is the bulls declaring war.
Really, buying the dip around 13 dollars would be more comfortable; chasing high now could easily get you trapped.
RIVER's 135% surge this time is indeed impressive. Increased volume is a signal.
Decisively exit below 12.5; you shouldn't touch this level.
Wait for a pullback before going up again. Greed is the number one killer.
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LidoStakeAddict
· 01-10 22:47
It's the same old trick again. Those who wait for a pullback to enter never get the chance, while those who chase the high have already taken profits haha.
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LiquiditySurfer
· 01-10 15:43
Yeah, this wave is indeed quite fierce. An increase of 135 days is no joke.
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Those who entered at a low point are now laughing. Waiting for a $13.50 pullback is really the safest plan.
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I’m optimistic about the increased trading volume, indicating it’s not just a simple pump-and-dump.
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Brothers chasing the high might have a tough time this time. Still need to wait.
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I’ve noted the $12.50 stop-loss level. To be safe, I’ll stick with it.
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The bullish momentum is really comfortable, but don’t be greedy—that’s the key.
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With a trading volume of 4.58 billion, this level of heat isn’t small.
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Slowly climbing up is actually more reliable than jumping in all at once.
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I’ll get in when it hits $13 to $13.5, no chasing the high.
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AirdropHarvester
· 01-10 15:38
A 135% increase, that's truly outrageous. Those who bought in at the low are now having a blast.
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digital_archaeologist
· 01-10 15:27
I will get in around 13 dollars; this wave is indeed interesting.
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CryptoMotivator
· 01-10 15:26
A 135% increase, a steady stepwise rise—this is the true bullish rhythm.
Buying the dip around $13-13.5 is the key, don't chase the high and make yourself uncomfortable.
Breaking through $16, look directly at $18. This wave of RIVER feels like it's just getting started.
RIVER's recent market movement has been quite interesting—a classic stair-step upward pattern. Starting from a low of $11.503, buying pressure has been continuously entering the market, pushing the price up along the moving averages step by step, ultimately reaching a new high of $16.399. Although it retraced to $14.178, there was still a 10.09% increase within the day, with 24-hour trading volume surpassing 458 million USDT and a trading volume of 34.4971 million. The key point is that during the rally, trading volume kept expanding, indicating that bullish funds are indeed continuously flowing in. The earlier low positions have now become the "cornerstone" of this upward movement.
Over the past 30 days, the increase has been 135.24%, showing a clear medium-term bullish trend. Although there was a -11.77% correction in the last 7 days, this seems more like short-term consolidation pressure and does not change the current upward pattern.
Regarding trading rhythm, instead of chasing highs, it's better to wait. Entering small positions again when the price retraces to the $13.00-$13.50 range would be more prudent, as this is a key support level. Take profit in stages: first watch at $14.50, then at $15.00. If the price breaks through the previous high, aim for $16.00. Set stop-loss at $12.50; if the price falls below this level, the short-term upward trend is likely to weaken.
In simple terms, this stair-step climb of RIVER is a signal that the bulls are gaining strength. The bears should stay out of the way; counter-trend trading will only be eaten by the market. For the bulls, patience is key—wait for a retracement to buy low, which will allow for a more secure capture of this wave of gains.