The harsh decline in the crypto market last week scared Move investors. Coin fell to the lowest level of history with the acceleration of sales. However, it was unexpected, and Movement was marked by 25 %in 24 hours and stamped it.

Move left Bitcoin and Ethereum behind

Move Token attracted all the attention by gaining 25 %value in one day. While giants like Bitcoin rose around 6 %, Move was able to pass them easily.

Move graphics indicate that demand is strongly returned. In particular, the Chaikin Money Flow (CMF) indicator rises to the level of 0.09, watching in the positive area. This means that investors increase the flow of money to Move.

Move: Purchase pressure is getting stronger rapidly

This rise, which is seen in the CMF indicator, shows that buyers play an active role in the market. This gives strong signals that the price of Movement may rise more in the coming days.

Moreover, Move increased a significant resistance to the 20 -day exponential moving average (EMA). This movement clearly shows that investors have begun to accumulate Move again.

Critical levels are broken, where is the new target?

An entity signals the trend return when it rises above the 20 -day EMA. This development in Move also indicates that prices may rise further.

If investors continue to buy Move, the first target can be $ 0.61. If this level is broken, the price may rapidly rise to $ 0.72 and test new peaks.

Will the rise continue or will the decrease begin again?

Although Move’s rapid rise excites investors, the risks did not completely disappear. If profit sales are experienced in the short term, there may be sudden decreases in prices. This may take Move again to the lowest level of all time. For now, buyers seem to have seized control, but market balances may change rapidly. Move investors should carefully determine their strategies by following price movements. You need to be ready for surprises at any moment in the crypto market! Therefore, it is of great importance for investors to follow market sensitivity closely. Time will show which direction Move will move in the coming days.