River (RIVERUSD) Price May Reach $8.38 Supply Mark amid Market Uncertainty

River (RIVERUSD) Price Forecast: December 2

There is a possibility that the River (RIVERUSD) price may reach $8.38 supply despite uncertainties in the crypto market. The coin price has shown a steady ascending trend recently, following a broader market recovery. Therefore, if there is an increase in buying forces, the bullish correction pattern may surge the cryptocurrency price to retest the mentioned high level and extend to the upper resistance level $9.00, leading to a mega pump as demand continues to soar for the RIVERUSD platform.

Key Levels:
Resistance Levels: $4.58, $4.59, $4.60
Support Levels:    $3.67, $3.66, $3.65

RIVER (USD) Long-term Trend: Bullish (4H Chart)

River price is in a bullish posture and also trades in an uptrend, even though short traders are involved in its long-term outlook. The price bar is above the EMA-50, confirming its upbeat trend.
The flow from the bulls at the $3.71 high during yesterday’s session also added to this bullishness.

Amid recent uncertainties in the crypto market, RIVERUSD buyers provided a bullish breakout at the $4.02 supply mark as the 4-hourly session opens today, paving the way for further recovery shortly.

Thus, a breakout above this level could drive the coin price higher by 20%.

The ongoing bullish recovery will remain intact until the coin price sustains above the pattern’s supply trend line at $8.38

Further, there is likely to be a further breakout attempt soon as the price of River now points upward on the daily signal.

If the bulls can change their orientation and push harder, the next bullish race may possibly reach the $9.00 upper resistance trend line in the coming days in its higher time frame.

RIVER (USD) Medium-term Trend: Bullish (1H Chart)

The bullish pattern emerged again today, as the RIVERUSD price rises above the moving average on the 1-hourly chart, suggesting a robust bullish rally with a notable increase. So, should you avoid buying this hike?
Its upward stability at its most recent high has been maintained by pressure from the bulls at the $3.86 high value in the prior action.

At press time, the River market shows the price will rise further as it moves upward to a $4.02 high above the EMA-50 as the 1-hourly chart resumes, indicating that buyers are defending this level and attempting to push the price higher.

Furthermore, the RIVERUSD market could advance, and a potential upswing would be achieved with confirmation of a bullish recovery if buyers break above the November 30th high of $4.85.

The post-breakout rally would drive the crypto price toward the upper resistance area, creating excitement among investors.

Buy River on eightcap.com