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The Movement price has soared 55% in the last 24 hours to trade at $0.9088 as of 3:20 a.m. EST on a 10,000% pump in trading volume to $5.6 billion.
This surge in MOVE’s price follows its massive airdrop and listing on Binance’s airdrops portal, alongside listings on South Korean exchanges Upbit and Bithumb.
#Binance is excited to announce the third project Movement (MOVE) on HODLer Airdrops.
The Airdrop page will be available on the Binance Airdrop Portal in 5 hours. Plus, this token will be listed on Binance soon!
👉 https://t.co/qWS3jw6aTi pic.twitter.com/rQVClm86ks
— Binance (@binance) December 9, 2024
The strong trading activity, with $450 million in volume recorded within 90 minutes, reflects growing market interest. Movement Network’s innovative use of the Move programming language and backing from a $38 million Series A funding round could further bolster its appeal among investors.
Movement Price Signals A Potential Bullish RAlly
The Move/USDT trading pair on the 15-minute timeframe shows a current price at $0.9088, reflecting a 3.11% increase. The price action highlights a key support level around $0.8775, which has been tested multiple times, suggesting strong buying interest at this price zone.
This support aligns closely with the 50-period moving average (MA), which is trending upward and further reinforcing the bullish momentum. Meanwhile, the 200-period MA, positioned at $0.4243, remains below the current price, indicating a broader uptrend.
MOVEUSDT Analysis Source: Tradingview
The Relative Strength Index (RSI) is currently at 42.88, slightly below the neutral 50 mark but hinting at recovery. This places the Movement price in a neutral to mildly oversold region, aligning with the potential for a reversal.
Movement Price Prediction
Recent price action shows a pullback from the high near $1.1000 to the current support zone, where early signs of a bounce are evident. A successful hold above this support could pave the way for a recovery, targeting the previous highs around $1.1000 or higher.
If the price sustains above the $0.8775 support and the RSI crosses back above 50, it would strengthen a bullish case.
Conversely, a break below the support could trigger a bearish move, with the next potential target being $0.8000. Traders should monitor RSI movements and trading volume closely to confirm the direction of the next significant move.
Flockerz Presale Closes on $6 Million – Next Crypto To Explode?
Meanwhile, as the Movement price gears up for another bullish surge, investors are flocking to buy the Vote-to-Earn (V2E) meme coin Flockerz (FLOCK), which has just zoomed past $5.5 million in its presale.
According to the 99Bitcoins YouTube channel, with over 711k subscribers, $FLOCK could become the next 100x meme coin following its launch.
Flockerz is dedicated to fostering a loyal and engaged community by offering members the opportunity to earn rewards while promoting long-term participation, particularly in governance activities.
As part of this vision, Flockerz, also known as The People’s Meme Coin, has introduced an innovative Vote-to-Earn (V2E) model. This system rewards token holders with FLOCK tokens for actively voting on proposals and contributing to critical decisions, empowering the community and ensuring members play an integral role in shaping the project’s direction.
💙 The Flock Can’t Stop! 💙
We just blew by 4.5M and the party is going to keep on going over here in Flocktopia!
Feeling a little FOMO? Get in on the presale here: https://t.co/oUsAHZxgAT pic.twitter.com/DidEoRMDc3
— Flockerz (@FlockerzToken) December 5, 2024
Beyond voting rewards, Flockerz also provides an attractive staking system, enabling FLOCK holders to earn a huge annual return of 480%. This creates a unique opportunity for members to compound their earnings by staking their rewards, further growing their holdings over time.
Currently, FLOCK tokens are priced at $0.0063247 and can be purchased using ETH, USDT, BNB, or via bank card. Investors are encouraged to act quickly as the price is set to increase in a little over 2 days.
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