Price Action & Trend #RIVER
Bullish Momentum: The price has recovered aggressively from a low near $30.42 and is currently testing the $73.00 - $80.00 zone.
Resistance: The recent peak at $79.91 is the immediate "ceiling." If it breaks this with high volume, it could enter price discovery mode.
Support: If it pulls back, the previous consolidation area around $60.00 acts as the first line of defense River
2. RSI (Relative Strength Index)
The RSI is at 74.43.
In technical terms, an RSI above 70 usually means the asset is "overbought."
What this means for you: While the trend is strong, it's getting "hot." Overbought doesn't always mean it will crash immediately, but it does suggest that a temporary cooling-off period or minor correction is likely soon.
3. Market Fundamentals
The data at the top reveals a few risks to keep in mind River
Market Cap vs. FDV: The Market Cap is $1.43B, but the Fully Diluted Valuation (FDV) is $7.28B. This suggests a large amount of tokens are yet to be released into circulation, which can cause long-term inflationary pressure River
Liquidity: On-chain liquidity is $2.01M. Relative to a $1.4B market cap, this liquidity is quite thin. This means large trades could cause significant price swings (slippage) #Mag7Earnings #WEFDavos2026 $RIVER
