• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Market

MOVE Token Increases 25%, Leading Altcoins! Why?

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

MOVE, the native token of Movement Network – a modular Blockchain project, is becoming the highest performing altcoin today. MOVE reached this milestone after the cryptocurrency’s value increased by 25% in the past 24 hours.

Related articles

Binance Alpha Launches Huma Finance (HUMA) on May 26

May 23, 2025

Binance Founder Expresses Regret Over Bitcoin Sales at $77K

May 23, 2025

Why is this altcoin leading the top 100 rankings today? This Blockchain analysis uncovers key details and suggests what might happen next for its price.

Movement’s Trading Volume and Network Activity Increase

On December 24, the price of MOVE Token was 0.84 USD. As of writing, the price has crossed the $1 threshold. This price increase is associated with a significant growth in the trading volume of this cryptocurrency. At one point yesterday, MOVE volume reached about $830 billion.

Today, trading volume skyrocketed to $1.69 billion, reflecting heightened interest in this altcoin, surpassing many other cryptocurrencies. In terms of price, increased volume accompanied by rising prices indicates a strong uptrend.

Conversely, falling volume indicates waning interest, which could dampen price momentum. Given current conditions, altcoin MOVE is showing the possibility of continued escalation in the short term.

Movement token volume
Movement Volume. Source: Santiment

Movement’s increased volume and price may also be related integration Wrapped Bitcoin (WBTC) on-chain on December 19. With this development, Movement can attract more liquidity to its DeFi (DeFi) protocol.

As a result, active addresses on the network have increased. Active addresses are an important indicator of user engagement and overall market activity. When they increase, it reflects an increasing number of market participants interacting with the Token.

Conversely, a decline indicates reduced transaction activity on the block chain. According to Santiment, MOVE’s 24-hour addresses have increased. If this trend continues, altcoin prices will likely continue to climb.

MOVE's operating address
Movement activity addresses. Source: Santiment

MOVE Price Prediction: $2 Could Be Coming

From a technical perspective, the altcoin rally stems from a breakout from the descending triangle. A descending triangle is a bearish chart pattern defined by a descending upper resistance level and a flatter horizontal resistance level below the upper resistance level.

However, the price of MOVE did not fall below the horizontal support line but rose to $1.06. With the breakout, the Token is likely to rise to $1.45. In a very positive case, the value of MOVE can be up to 2 USD.

MOVE price analysis
Movement’s 4-hour analysis. Source: TradingView

Conversely, if altcoin holders or those still holding the airdrop decide to sell, this may not happen. Instead, the Token could drop to $0.53.

General Bitcoin News

[ad_2]

Share76Tweet47

Related Posts

Top 3 prominent AI cryptocurrencies in the week of January 4, 2025

by Kishu Inu
January 25, 2025
0

Hive AI (BUZZ), BOTIFY and Freya (FREYA) are the top AI coins this week. BUZZ is up 58% in the...

Top 3 cryptocurrencies AI stand out in January 4, 2025

by Kishu Inu
January 25, 2025
0

Hive AI (Buzz), Botify and Freya (Freya) are the top AI currencies this week. Buzz has increased by 58% in...

The crook attacks the former Brazilian TT account to promote the cryptocurrency

by Kishu Inu
January 24, 2025
0

The hacker has appropriated the social network of Jair Bolsonaro, former Brazilian president, to promote a fake meme coin. As...

The crook attacks the former Brazilian TT account to promote cryptocurrencies

by Kishu Inu
January 24, 2025
0

The hacker has appropriated the social network of Jair Bolsonaro, former Brazilian president, to promote a fake meme coin. As...

Solana price increased by 21%, surpassing Sony in market capitalization

by Kishu Inu
January 24, 2025
0

Solana price (SOL) has increased by 8% in the past 24 hours and 21% in the past week, with market...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Binance Alpha Launches Huma Finance (HUMA) on May 26
  • Binance Founder Expresses Regret Over Bitcoin Sales at $77K
  • Bitcoin Surges Past $110K Amid Institutional Buying
  • Bitcoin Hits $111,000 on 2025 Pizza Day Celebration
  • Bitcoin Pizza Day Celebrates 15th Anniversary Milestone
  • Spot Bitcoin ETFs Experience $609M Inflow Surge
  • Bitcoin Soars as Institutional Players Engage in 2025 Surge
  • Tron (TRX) Poised for ATH Amid Strong Market Metrics
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7