The Technical Breakdown #RIVER
Price Action: After a sharp drop from its local peak near $69.55, the token found strong support around $33.80. Since then, it’s been climbing back up in a "staircase" pattern (higher highs and higher lows), which is generally a bullish sign.
RSI (Relative Strength Index): The RSI is sitting at 62.24. This is in the "healthy/strong" zone. It's not yet "overbought" (usually above 70), meaning there’s still some room for upward movement before the market starts feeling "exhausted."
Liquidity vs. FDV: This is a key detail. The On-chain Liquidity is $1.95M, while the Fully Diluted Valuation (FDV) is $5.82B. This is a massive gap. Low liquidity relative to valuation means the price can be very volatile—it doesn't take much buying or selling to move the needle significantly.
What to Watch For
Resistance: The price is currently hitting a minor ceiling around $62.23. If it breaks through that with high volume, the next stop is testing that $69.55 high.
The "W" Pattern: You can see a bit of a "Double Bottom" or a "W" shape forming since the crash. If the middle peak is cleared, it often confirms a trend reversal back to the upside.
A Quick Reality Check
The Market Cap ($1.14B) compared to the FDV ($5.82B) suggests there are a lot of tokens yet to be released into the circulating supply. If a large unlock happens soon, it could put downward pressure on the price#BTC100kNext? #WEFDavos2026 $RIVER
