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The Movement price has surged 21% in the last 24 hours to trade at $0.4752 as of 3:30 a.m. EST on a 168% pump in trading volume to $241 million.
The recent steep rise in the MOVE price follows a huge investment of $1.5 million worth of MOVE tokens by World Liberty Financial (WLFI), a DeFi platform supported by Us President Donald J. Trump.
This investment signals WLFI’s strategic interest in emerging blockchain projects and highlights the growing institutional attention toward Ethereum layer-2 networks.
BREAKING:
TRUMP’S WORLD LIBERTY FINANCE
JUST BOUGHT ANOTHER $1,450,000
WORTH OF $MOVETRUMP BUYING MORE ALTS !!! pic.twitter.com/mJchBgi7AY
— Ash Crypto (@Ashcryptoreal) March 6, 2025
WLFI’s portfolio, now exceeding $413 million, primarily comprises assets like Ethereum (ETH) and Wrapped Bitcoin (WBTC), with MOVE tokens becoming its tenth-largest holding. This move reflects a broader trend of institutional investors seeking opportunities in innovative blockchain solutions, further solidifying MOVE’s market position.
Movement Price Spikes Within A Parabolic Curve
The MOVE/USDT trading pair is on strong bullish momentum, currently trading at $0.4839, reflecting a 1.85% increase in the last 4 hours. This uptick follows a sharp rebound from the $0.3800 – $0.4000 support zone, which acts as a critical demand area. The price previously consolidated at this level before buyers aggressively stepped in, driving the market upward.
MOVE faces key hurdles at $0.5000 on the resistance side, which serves as the first major resistance level. A successful breakout above this psychological level could open the door for further gains toward $0.5440, where previous price action has shown strong selling pressure.
Beyond that, a sustained bullish move could push prices toward the $0.6000 region, which marks a more significant resistance level. Given the current market sentiment and momentum, traders will closely watch for a decisive breakout. However, if the price fails to overcome these resistance zones, a potential retracement towards the $0.4000 support level will likely allow for further accumulation before another leg up.
MOVEUSDT Analysis Source: Tradingview
The technical structure of MOVE/USDT suggests a falling wedge breakout, a pattern associated with bullish reversals. This indicates that the prior downtrend has weakened, and buyers are gaining control. The breakout from this pattern further validates the possibility of continued upside, provided that volume supports the move.
Additionally, short-term trendlines that previously acted as resistance have been broken, reinforcing the bullish case.
The Relative Strength Index (RSI) currently stands at 64.38, approaching the overbought zone but still leaving an opportunity for further upside. An RSI above 70 would signal potential overbought conditions, increasing the likelihood of a short-term pullback.
The RSI signal line at 45.25 confirms that momentum is shifting in favor of the bulls, indicating strong buying interest. However, traders should be cautious of sudden corrections if the price overheats too quickly.
MOVE shows strong bullish potential, especially if it can break and sustain above $0.5000. A confirmed breakout could lead to a rise to the $0.5440 and $0.6000 price targets, aligning with previous resistance zones. If resistance holds, a pullback to the $0.4000 – $0.3800 region remains possible before another bullish attempt.
Solana Investors Flock To Solaxy As Its Presale Blasts Pasts $25 Million
As the Movement price gears up for a bullish rally, investors are rushing to buy Solaxy (SOLX), a Solana Layer 2 project currently in presale that has raised over $25.1 million.
Solana has become congested in recent months due to the surging hype around SOL-based meme coins. This traffic has resulted in frequent transaction failures and inconvenient delays.
Solaxy aims to fix this with its Layer 2 scaling solution, which processes transactions on a sidechain before finalizing them on Solana’s mainnet. This helps reduce congestion, lower fees, and speed up transactions.
3/ Staking SOLX: 176% APY Rewards
Even during the presale, SOLX can already be staked with rewards of 4,377.4 SOLX per block. The returns are attractive, but remember: the more tokens staked, the lower the rewards might become.
Could this be good for long-term ecosystem… pic.twitter.com/bCKrQCQLaj
— NYC (@NgYC_87) February 24, 2025
Solaxy also offers plug-and-play components for easy app development. The project has made solid progress in deploying its technology, bringing it closer to launch.
Market analysts believe SOLX has the potential for huge gains, similar to Solana’s past 35,170% surge. While some predictions are more cautious, many crypto influencers are bullish. An analyst from the 99Bitcoins YouTube channel, which has over 726K subscribers, predicts SOLX could jump 10X after launch.
Right now, SOLX is priced at $0.001654 and can be bought using ETH, USDT, BNB, or SOL through the official website or a crypto wallet like Best Wallet. Early investors can also stake SOLX for a 163% annual yield.
With a price increase set to happen in just over 8 hours, interested investors may want to act fast to secure the best deal.
Visit the official Solaxy website.
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