Technical analysis by BJWiseReal about Symbol MOVR: Buy recommendation (11/19/2023)

After exiting the descending channel, Moonriver is waiting for a weekly consolidation from Bitcoin above the $37K level to start its new uptrend. M MOVR is currently supported by the 25WeeklyMA and the first resistance it faces is at the 50WeeklyMA. Obviously, $13 and $18 targets will be available after the 50WeeklyMA resistance is crossed. Actually Moonbeam & Moonriver are very good projects that need to time to show themselves, so the key is just the time. Goodluck