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MOVR

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MOVRUSD trade ideas

Moonriver (MOVR)Moonriver is an Ethereum-compatible, smart-contract parachain on Kusama. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. The new code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonbeam on Polkadot. Anyway, MOVR has been in a downtrend, a long and deep one, almost since birth. Then, MOVR broke the curved downtrend line, and a new upward wave started. Correction unfolded in a descending channel, then MOVR broke the channel and the next upward wave started. Let's see how high MOVR can go.
CRYPTO:MOVRUSDLong
by SaeedSalehinia
MOVR going to print millionairesSimple analysis on current market structure tells me the following Elliot Wave 1 breakout was quite enormous and if it is to adhere to elliot wave theory and if the interpretation is correct, the following wave 3 can't be the shortest of the 3 impulses (1,3,5). Thus the following can be said... Wave 3 has a minimal target of the yellow overhead horizontal line of approximately $200 to comply with the elliot wave basic principle Wave 4 correction would ideally fall back to the lower yellow horizontal line which has weekly candle price action support around the $120 target. Giving a 40% price correction which should be in line with healthy bull market structure and timeframe. Given BTC should correct around the same timeframe. Wave 5 completes the cycle with the target being anywhere above $200 and the ATH. No point in speculating the ATH as price discovery can lead to exaggerated targets however personally the target should be close to ATH of $400-500 as this will represent twice the market cap of MOVR at initial ATH (adjusting for token inflation) Combined with bagholders offloading at ATH this should be a good final target
KRAKEN:MOVRUSDLong
by Andy1GP
1
Moonriver MOVR Hidden MonsterIf you turn On the BB, you'll notice an insane squeeze of the bands: MOVR has been in a strong accummulation zone for months. I didn't turn them on cause you would't see the draws I've made. - Weekly RSI is pushing hard upwards for a while. Check the Red line I've set. - Potential to breakout to 40-52$ levels are higher than downwards. If btc makes a black swan and corrects hard, I will buy move MOVR at 4$, 2$, 1.5$. The moment Polkadot starts pumping, all side projects related to it will too. Same as Avalanche and Joe or SOL and it's crap projects.
BINANCE:MOVRUSD
by MrDorea
$MOVR printing an ascending triagle - Let's go bullz!We can see $MOVR is printing an ascending triangle and is currently testing short term support. If support holds here, then I would be looking for a move back up to the resistance zone at the top of the ascending triangle. If price breaks out of the ascending triangle, then I would be looking for continuation to the 1.618 Fibonacci extension around $515.00. Please leave a like. It helps show support and motivates me to share more with the community! Let's get this crypto!
KRAKEN:MOVRUSDLong
by CryptoGuru369