MOVE Price Surges 10%, Momentum Building Toward $0.86 | Airdrop Alert Pro

Movement (MOVE) has gained 10% in the past 24 hours, giving it a market capitalization of $1.6 billion. Indicators such as relative strength index and ADX confirm the strength of the uptrend, with the RSI at 62 indicating the potential for further gains before hitting overbought territory.

MOVE is poised to test key resistance levels, including $0.86 and potentially $1.10, leading to new highs if the trend continues. However, failure to sustain the uptrend could lead to a retest of $0.59, a key support level that, if broken, could lead to new lows.

RSI trend remains below overbought territory

MOVE’s RSI is currently at 62, up sharply from 46.6 a day ago, indicating growing bullish momentum. The rise signals intensifying buying pressure, underpinning the recent surge in MOVE’s price, making it one of the best-performing stocks in today’s Top 100 Altcoins.

However, despite rising prices, move The RSI has yet to break above 70, which means it has not entered overbought territory yet. This could mean there is room for further gains before the market overheats.

RSI (Relative Strength Index) measures the speed and magnitude of price changes to assess whether an asset is overbought or oversold. Readings above 70 typically indicate overbought conditions, signaling a potential pullback, while readings below 30 indicate oversold conditions, often preceding a rebound.

MOVE’s RSI is 62, and the market remains in neutral to bullish territory, indicating that the uptrend will continue in the short term. However, if the RSI approaches 70, it could indicate a slowdown in momentum, possibly leading to a period of consolidation or a minor correction.

The upward trend of MOVE is getting stronger and stronger

MOVE’s DMI chart shows that its ADX is 30.9, up from 21 two days ago, indicating that the trend is strengthening. The increase in ADX indicates that the current uptrend is strengthening and buyers are firmly in control.

D+ is 33.2, which is significantly higher than D- which is 12.11. The market is clearly dominated by bullish forces, which indicates that there is strong upward pressure on the market. moving price.

ADX (Average Directional Index) measures the strength of a trend but does not indicate its direction. Values ​​above 25 indicate a strong trend, while values ​​below 20 indicate a weak or no-trending market.

MOVE’s ADX of 30.9 confirms a strong uptrend, with D+ showing positive buying power and D- reflecting minimal selling pressure.

MOVE Price Prediction: Can levels around $1 be reached again?

move It has been in the news since its listing Binance About a week ago. If the current uptrend continues, MOVE may test resistance at $0.86 in the near term.

A successful break above this level could pave the way for further gains with targets at $1.03 and possibly $1.10, making it one of the most interesting targets Altcoins December.

However, if the uptrend weakens and forms a downtrend, moving price There may be significant downside risks. The nearest strong support is located at $0.59, a fall below this level will send the coin to new lows. The coming days will determine whether MOVE maintains its upward trajectory or enters a correction phase.