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$RIVER Previously surged quickly from $3 to $90, an increase of over 500%, then pulled back, and now the price is fluctuating in the $7-10 range.
Seeing some friends say that although there is some selling pressure, buying interest has supported the pullback, and trading volume is beginning to gradually pick up.
From a technical perspective, $RIVER is currently a typical consolidation and bottoming pattern. The downward space has been tested several times but hasn't broken through. If it can break the $11 level, there should be considerable room above; of course, if it can't break through, it will continue to grind sideways.
@RiverdotInc, as a chain abstraction stablecoin infrastructure project, $RIVER has specific functions in cross-chain assets and liquidity connectivity, and is currently in an observation period transitioning from early hype to fundamentals.
@RiverdotInc @River4fun