River Price News: How to Profit from the Crypto’s Latest Bull Run?
RIVER/USD 4-Hour Chart (Kraken) – Source: TradingView
Interestingly, a buy signal popped up today as River came close to the $90 mark. However, the price has been dropping in the past 8 hours, and could be heading to retest the $65 area – a former resistance.
If RIVER bounces off this mark, this fourth buy signal would be confirmed, and we could expect a strong move to $100 or higher in the next few days.
That said, the risk of a stronger pullback is quite high now, as the Relative Strength Index (RSI) has flashed a bearish divergence, while the oscillator has dropped below the 14-day moving average, signaling that bearish momentum is gaining strength.
If we get a break below $65, that could result in a much stronger correction to…
