River (RIVERUSDT) Bullish Momentum Is Accumulating
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River (RIVERUSDT) Bullish Momentum Is Accumulating

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Azeez Mustapha

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River (RIVERUSDT) Price Forecast: January 27

The RIVERUSDT market is back in the green again as bullish momentum accumulates on the pair. The cryptocurrency price reflects a recovery in sentiment and sends a clear bullish signal, trading above the EMA line. Amid a general downturn in the crypto market, the coin gave a bullish breakout at a $87.15, suggesting that buy traders are making a recovery attempt. Thus, if the token price sustains above the current high level, the potential rally could surge to an upper resistance mark of $90.00 and beyond, signaling the potential for significant gains as bullish momentum accumulates.

Key Levels:
Resistance Levels: $87.00, $88.00, $89.00
Support Levels:    $20.00, $19.00, $18.00

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

The River price appears attractive for buy traders as the bullish momentum accumulates on the pair in its long-term outlook.
River (RIVERUSDT) Bullish Momentum Is Accumulating Further, the pair’s bullish momentum is accumulating above the moving averages, making higher highs and moving towards the upper resistance area.

The bulls’ pressure to a $75.733 high level in the last session has sustained the coin price above the moving average in its recent high.

Amid recent fluctuations in the market, RIVERUSDT buyers provided a bullish breakout at the $87.159 supply as the daily session starts today, paving the way for further recovery shortly.

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

Additionally, due to an upward momentum shown by the price indicator, the bullish race may surge to an upper resistance level of $90.00 in the upcoming days.

RIVER (USDT) Short-term Trend: Bullish (1H Chart)

It could be seen that bullish momentum is accumulating on the short-term chart.

River (RIVERUSDT) Bullish Momentum Is Accumulating

As a result of low bearish momentum, the RIVERUSDT market remains in a bullish trend, indicating the bulls are hindering the market from going through the support zones.

The coin’s bullish momentum at a $78.442 in the previous session has enabled the price to maintain an uptrend lately.

RIVERUSDT Bullish Momentum May Persists

The RIVERUSDT bullish momentum is accumulating. As long as the price stays above the 66.07 USDT supply zone, it is anticipated that it will keep climbing. The next goals would be 90.00 USDT first, followed by 92.00 USDT and, if momentum continues, 93.93 USDT.

At press time, the River market was propelled higher by the bulls until it reached a new high of $84.180 above the moving average, as the 1-hourly session opens today, suggesting the level and high impact of buy investors on the crypto market.

Hence, maintaining above the moving average will allow the coin to rise higher, resulting in an intraday gain for the coin buyers.

Additionally, the RIVERUSDT bullish momentum may continue to accumulate as indicated by the daily signal pointing upwards.

Therefore, the bullish momentum could rise to a $88.00 upper resistance as it accumulates in its short-term outlook.

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