$MOVR The price didn’t just rise — it broke through the key resistance levels I mentioned. Yesterday’s level of $2.06 seemed out of reach; today it’s already in the past. Right now it’s $2.52**, and the daily high was $2.657.
The key trigger is the migration to Base. On July 31, the deadline for moving MOVR from Moonriver to Base was completed. The token became ERC-20, gained access to Coinbase liquidity and the Base ecosystem. The market is re-pricing the asset from scratch — and this is not a speculative news-driven pump, but a structural event.
Nansen data shows that the balances of the top-100 addresses grew by more than 11% during the rally. This is aggressive momentum buying, not distribution. With a market cap of only about $22–25 million, even relatively small capital flows can move the price sharply.
Key level to watch: holding above $2.01. A breakout means the bullish structure is still alive. A loss means a return to the $1.80 range and below.
· First target: $2.45 (expansion of the upper Bollinger Band)
· Second target: $2.70 (the zone of an emotional premium)
· Aggressive scenario: up to $8 — if MOVR repeats the LSK story after the migration
#MOVR #Moonriver #Base
The key trigger is the migration to Base. On July 31, the deadline for moving MOVR from Moonriver to Base was completed. The token became ERC-20, gained access to Coinbase liquidity and the Base ecosystem. The market is re-pricing the asset from scratch — and this is not a speculative news-driven pump, but a structural event.
Nansen data shows that the balances of the top-100 addresses grew by more than 11% during the rally. This is aggressive momentum buying, not distribution. With a market cap of only about $22–25 million, even relatively small capital flows can move the price sharply.
Key level to watch: holding above $2.01. A breakout means the bullish structure is still alive. A loss means a return to the $1.80 range and below.
· First target: $2.45 (expansion of the upper Bollinger Band)
· Second target: $2.70 (the zone of an emotional premium)
· Aggressive scenario: up to $8 — if MOVR repeats the LSK story after the migration
#MOVR #Moonriver #Base