The cryptocurrency MOVE is currently trading at $0.4932, showing a 1.22% increase in the past day. The market cap also increased by the same percentage, reaching $1.18 billion. The trading volume has surged by 55.88%, amounting to $379.63 million in 24 hours. The fully diluted valuation stands at $4.93 billion, with a 32.26% market cap ratio. MOVE's circulating supply is 2.4 billion out of a total supply of 10 billion.
The 4-hour chart of MOVE indicates resistance at $0.5092 and support forming at $0.4895. If resistance is broken, the price could rise to $0.55, while a drop below support may lead to a decrease to $0.45.
The Relative Strength Index (RSI) is currently 51.95, suggesting a balanced market condition with no overbought or oversold signals. The Chaikin Money Flow (CMF) is negative at -0.12, indicating outflows and declining buying pressure. If CMF remains negative, MOVE may struggle to maintain its gains.
Moving averages show mixed trends, with short-term MA at around $0.50 and long-term MA above that, suggesting consolidation. A crossover could confirm a stronger breakout or downturn.
For further price movement, it is important to watch for a bullish breakout above $0.5092, increased volume, and a positive shift in RSI before confirming upward momentum. caution is advised due to the declining CMF.
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