$RIVER shows a strong reaction from its lowest point.
The price has perfectly bounced back from the solid support zone between $1.00 and $1.10, with the low reached at around $1.014. Buyers are now returning to the market and the rebound has started.
This is an interesting accumulation zone for a larger move if the support continues to hold.
Targets: first $2.00 – $2.50,
then $3.00 – $3.60
A move toward the second target zone would mean roughly a 2 to 3x increase compared to the current level.
As long as the $1.00 level holds, I am watching $RIVER for a much bigger bullish expansion.
Patience is required here. A bigger move might be setting up.
$RIVER
The price has perfectly bounced back from the solid support zone between $1.00 and $1.10, with the low reached at around $1.014. Buyers are now returning to the market and the rebound has started.
This is an interesting accumulation zone for a larger move if the support continues to hold.
Targets: first $2.00 – $2.50,
then $3.00 – $3.60
A move toward the second target zone would mean roughly a 2 to 3x increase compared to the current level.
As long as the $1.00 level holds, I am watching $RIVER for a much bigger bullish expansion.
Patience is required here. A bigger move might be setting up.
$RIVER
