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The Movement price soared 21% in the last 24 hours to trade at $0.842 as of 11:14 p.m. EST on trading volume that skyrocketed 129% to $1.5 billion.
Movement Price To Sustain Its Breakout
The Movement price experienced a period of sideways trading (highlighted by the rectangular purple box) between approximately $0.60 and $0.70. This accumulation zone served as the foundation for the recent rally.
A parabolic curve, a classic bullish continuation signal, accompanied the breakout above the $0.63 support zone, according to data from GeckoTerminal.
The 9-day Simple Moving Average (SMA) provides dynamic support at $0.8035. The Movement price remains above this moving average, indicating the continuation of the short-term uptrend.
Meanwhile, the Relative Strength Index (RSI) is currently at 65.30, indicating the asset is approaching overbought territory. This reflects strong bullish momentum but also suggests the potential for a short-term pullback or consolidation if the RSI approaches or surpasses 70.
The Moving Average Convergence Divergence (MACD) line is above the signal line, with a widening gap between the two. This bullish divergence indicates strong upward momentum, and the histogram shows increasing bullish pressure. However, slight flattening in the MACD line may suggest the initial stages of slowing momentum.
MOVE Price Prediction
The Movement price remains in a bullish structure with strong momentum following the parabolic breakout. If the bullish trend continues, the next resistance level is anticipated at $0.90, with a psychological level of $1.00 serving as a critical target. Given the historical volatility, breaking above $0.90 could bring further explosive upside.
Immediate support lies at $0.8035 (9-period SMA). A break below this level could lead to a retest of the consolidation zone ($0.70). Further weakness would challenge support near $0.60.
Meanwhile, investors are also piling into the presale of Best Wallet ($BEST), which ClayBro, a popular crypto analyst on YouTube with over 132K subscribers, says ”Could Be The Best Crypto Wallet Of 2025.”
Best Wallet: A Must Have For Crypto Users Seeking Hot Presales, Utility
The Best Wallet presale has been on a tear, having already amassed over $5.1 million in its presale.
What sets Best Wallet apart from other cryptocurrency projects is its strong utility. At its core, Best Wallet aims to provide a comprehensive Web3 wallet experience.
This includes an intuitive user interface (UI) and a decentralized exchange (DEX) integrated directly into the wallet platform, enabling users to engage in decentralized finance (DeFi) activities seamlessly.
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With features like exclusive access to Upcoming Tokens and rewards for early adopters, it’s no surprise we’re the fastest-growing crypto wallet.
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— Best Wallet (@BestWalletHQ) December 16, 2024
The $BEST token offers valuable perks, including reduced fees, enhanced staking rewards, and exclusive bonuses, making it an essential asset for crypto enthusiasts. You can also earn passively by completing quests and receiving airdrops of BEST tokens.
Its ”Upcoming Tokens” feature also curates some of the hottest presales available, aiming to give investors a market edge. Tokens like Catslap ($SLAP), which was featured on the app, soared 3,145% after launch, fortifying Best Wallet’s reputation as a go-to platform for uncovering hidden crypto gems.
No more missing out on early-stage #crypto projects! 💸
With Best Wallet’s Upcoming Tokens feature, you can easily browse, learn, and buy presale tokens directly from the app!
Download now! 👉 https://t.co/he5kzra7TY pic.twitter.com/ZcNZ1b6Up1
— Best Wallet (@BestWalletHQ) October 26, 2024
Priced at just $0.023275, interested investors should secure tokens before the next price increase in slightly more than a day.
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