#密码资产动态追踪 $RIVER has shown impressive recent price performance and has become the market's focus. Starting from $1.61, the price surged to around $23.8 over a period of just over a month, with a cumulative gain of approximately 15 times—this pace certainly warrants attention.
The current price level is in a stage of repeated competition within the upper range. The subsequent price direction requires close observation on two dimensions: first, whether the overall market sentiment and risk appetite can be maintained, and second, whether the $RIVER project team will announce new developments. Once these two conditions align properly, the price is likely to challenge the resistance level near $21.7 again; however, if it continues to struggle to establish a foothold, a pullback to the support zone of $16-17 becomes a highly probable scenario.
It is worth noting that the recent investment entry by BitMEX's founder has added an institutional endorsement component to this project. From an industry logic perspective, given that top-tier institutions have already shown confidence, this token is expected to accelerate the pace of listing on major mainstream exchange spot trading sections—this often signals a phase-wise leap in liquidity and attention. Such altcoins with institutional recognition often present good trading opportunities during windows of liquidity release.
#密码资产动态追踪 $RIVER has shown impressive recent price performance and has become the market's focus. Starting from $1.61, the price surged to around $23.8 over a period of just over a month, with a cumulative gain of approximately 15 times—this pace certainly warrants attention.
The current price level is in a stage of repeated competition within the upper range. The subsequent price direction requires close observation on two dimensions: first, whether the overall market sentiment and risk appetite can be maintained, and second, whether the $RIVER project team will announce new developments. Once these two conditions align properly, the price is likely to challenge the resistance level near $21.7 again; however, if it continues to struggle to establish a foothold, a pullback to the support zone of $16-17 becomes a highly probable scenario.
It is worth noting that the recent investment entry by BitMEX's founder has added an institutional endorsement component to this project. From an industry logic perspective, given that top-tier institutions have already shown confidence, this token is expected to accelerate the pace of listing on major mainstream exchange spot trading sections—this often signals a phase-wise leap in liquidity and attention. Such altcoins with institutional recognition often present good trading opportunities during windows of liquidity release.