RIVER's recent technical outlook shows typical weak characteristics. The price is firmly suppressed at the 20-day moving average of 17.138, with limited rebound strength, and has not even effectively touched the 16.0 resistance. Falling from the high of 17.967 to the current price of 15.575, each rebound has been shrinking. The RSI indicator is only at 41.2, deeply in the weak zone, and the MACD green histogram has significantly contracted, indicating that bullish momentum is clearly waning. This technical combination suggests limited room for a rebound. The current price area can be closely monitored, waiting for more definitive signals before taking action.
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ProofOfNothing
· 14h ago
Damn, another coin got crushed. The rebound momentum is really gone.
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OnchainDetective
· 01-10 00:07
Wait, I need to track the capital flow behind this price trend. With RSI at only 41.2 and the green bars contracting, this obvious suppression signal—who is holding down @17.138@?
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DeFiAlchemist
· 01-09 06:01
*adjusts alchemical instruments* the transmutation cycle appears to be inverting... RSI at 41.2 screams exhaustion, ngl. watching the protocol's liquidity dynamics collapse through technical decay is like witnessing the philosopher's stone crumble to dust.
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SchrodingersPaper
· 01-09 06:00
It dropped again and again, RIVER this damn coin really wants to make me vomit blood...
I just want to know who is stubbornly holding on at 16 bucks, can't they admit defeat earlier?
That iron gate at the 20-day moving average, damn it, it's ridiculous.
Rebound my ass, it dies at the slightest touch, RSI is almost heading to hell.
Waiting for a signal? I'm afraid by the time the signal comes, the bottom will already be broken, brother.
This time I really need to clear my position and lie flat, stop watching the market, I'm mentally exhausted.
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MevWhisperer
· 01-09 06:00
River, this wave is indeed weak. Every rebound feels lackluster... Let's wait for a signal.
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LiquidityLarry
· 01-09 05:57
River, this wave really isn't impressive. Every rebound gets stopped at the 20-day moving average, just like the same pattern as that coin last year.
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LiquidityNinja
· 01-09 05:33
Uh, it depends on whether it can reverse later. Right now, it just feels like a break below.
RIVER's recent technical outlook shows typical weak characteristics. The price is firmly suppressed at the 20-day moving average of 17.138, with limited rebound strength, and has not even effectively touched the 16.0 resistance. Falling from the high of 17.967 to the current price of 15.575, each rebound has been shrinking. The RSI indicator is only at 41.2, deeply in the weak zone, and the MACD green histogram has significantly contracted, indicating that bullish momentum is clearly waning. This technical combination suggests limited room for a rebound. The current price area can be closely monitored, waiting for more definitive signals before taking action.