RIVER decided to remind everyone it still exists today, up almost 24% out of nowhere.
Context though, this thing has been absolutely destroyed. Down 71% over 90 days, down over 94% for the year. From a high near 7.6 all the way down to just above 1, that's a brutal slide by any measure.
So today's jump feels less like a comeback and more like a dead cat finally twitching. Volume picked up hard on this move too, way more than usual, so someone's clearly interested right now. Doesn't mean the bleeding is over though.
Not touching this one myself, just watching to see if it can actually hold above 1.4 or if it fades right back down like every other bounce on this chart has.
Wild how something can fall this far and still find buyers
— Shani CEO
$RIVER
#Crypto #BİNANCE
Context though, this thing has been absolutely destroyed. Down 71% over 90 days, down over 94% for the year. From a high near 7.6 all the way down to just above 1, that's a brutal slide by any measure.
So today's jump feels less like a comeback and more like a dead cat finally twitching. Volume picked up hard on this move too, way more than usual, so someone's clearly interested right now. Doesn't mean the bleeding is over though.
Not touching this one myself, just watching to see if it can actually hold above 1.4 or if it fades right back down like every other bounce on this chart has.
Wild how something can fall this far and still find buyers
— Shani CEO
$RIVER
#Crypto #BİNANCE
