- The MOVR crypto price moves below the several EMA’s during intraday.
- The 24-hour trading volume is at $49 million.
- MOVR/BTC pair is trading negative by -20.2% at 0.00393344 BTC.
Moving Average (EMA) containing 20,50,100,200 In the MOVR crypto daily price chart, it is a reliable support for currency price change. Investors can observe that price moves below as long as costs are below the 200 moving average.
The volume (15.217 K) is above the 20-day moving average (8.189 K). The volume is high, so the cost has struggled for several days. Investors may also notice a decline in volume. This indicates that unusual changes are expected on the following trading days.
MOVR Crypto Price Expecting a 20% Downside Momentum
The daily price chart of the MOVR crypto shows stability above the support zone. Depending on the price action, the support region is within $150. On the flip side, the resistance level to look for is around $245.
The RSI showed a 16 (oversold) sign with a short-term sell signal. Investors may observe that the indicator’s RSI line is running downside. A pullback can happen on upcoming trading days.
The MACD shows a (bearish) cross below the signal line on December 03, indicating a sell signal for the crypto. In addition, investors can see red bars in the histogram indicator.
Conclusion
Moonriver price today is $180.35 with a 24-hour trading volume of $49,355,398. MOVR price is down -23.0% in the last 24 hours. It has a current supply of 2.5 Million MOVR coins and a whole supply of 10.2 Million.
The RSI and MACD indicate a sell signal. Traders have directed low volume. In fact, the cost is fighting to sustain above the support zone. A market overview also shows that this pattern will continue to plunge in the coming trading days.
Resistance Level: $245
Support Level: $150
DISCLAIMER
The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
