Coin overview
MOVE
Ended--
Last price (USDT)
2.87M
24h total (USDT)
4.37M
Total vol (USDT)
2024-12-05 07:00:00 ~ 2024-12-09 11:30:00
Trading time (UTC+0)
2024-12-09 13:00:00 ~ 2024-12-09 17:00:00
Delivery time (UTC+0)
Total supply10.00B
Resources
Introduction
Movement Network is an ecosystem of Modular Move-Based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems.
Movement United Creation responds to token deposits in CEX: Transactions related to institutional products will not be sold or transferred
In response to the encrypted KOL Ice Frog's questioning of Movement Labs depositing 17.15 million MOVE into CEX, Rushi, the co-founder of Movement, stated in the comments section that this is a transaction for institutional products (such as ETP / ETF) and corresponding loans that are about to be launched by institutions. It will not be sold or transferred.
Top Crypto Traders Predict Bitcoin’s Move in the Coming Weeks
The price of Bitcoin is trading close to US$ 82.759,05 this Sunday (30), without significant variations in the last 24 hours. However, the main cryptocurrency on the market has accumulated a drop of around 3% in the week, which has generated uncertainty among traders and analysts. Despite the recent sideways movement, market sentiment remains divided. While some analysts believe BTC is poised for a fresh rally, others point to a possible sharper correction before any bullish resumption. Check out the Bitcoin price projections from some of the industry's most influential analysts for the coming weeks below: In this article, we will discuss: Top Bitcoin Analysis for the Coming Weeks Market Outlook Summary Top Bitcoin Analysis for the Coming Weeks Powered by TradingView 1. Bitcoin Price Analysis – Willy Woo According to Woo, the correlation BTC’s correlation with the stock market has limited price movements, keeping investors in a neutral position. He believes that the $75 level represents attractive support and that the asset is oversold. However, he highlights that mean reversion forces are still acting strongly, which could put downward pressure on the price before a recovery. “75k represents an attractive target, plus BTC is oversold with strong mean reversion forces now dominant.” BTC Price Analysis: Moderate bassist 2. Bitcoin Price Analysis – Ted For Ted, Bitcoin is is going through a Wyckoff pattern reaccumulation phase and the recent drop below $85 would be just market manipulation. He is betting on a strong recovery above $92, which he says could liquidate the bears' positions. “The drop below $85K is pure manipulation. When BTC breaks $92K, the bears will be rekt.” BTC Price Analysis: Bullish 3. Bitcoin Price Analysis – Merlijn The Trader Merlijn believes that BTC is repeating a pattern from 2023, with a downward movement that could take the price to the $72 region before starting a parabolic rise. In other words, despite predicting a correction, its general expectation remains optimistic in the medium term. “Double Top. Bear Trap. PARABOLIC MOVE. Don’t let the bears shake you this time!” BTC Price Analysis: Bullish (after correction) 4. Bitcoin Price Analysis – Crypto Fella Crypto Fella plotted a chart indicating a possible resumption of growth in the coming weeks. According to him, BTC may face resistance in the $95 and $105 zones, but there is room for one last rally in the current market cycle. “I still think we will have one last rally soon.” BTC Price Analysis: Bullish 5. Bitcoin Price Analysis – Michael van de Poppe Michael van de Poppe still sees a trend bullish overall, but with signs of weakening in the short term. For him, if BTC loses the support of US$ 84 thousand, there is a risk of falling to the range between US$ 78 thousand and US$ 80 thousand, or even lower, before a possible recovery. “The trend remains bullish for $BTC, but it’s starting to look a little less good. It’s shaky. Drop below $84K and I think we’ll see a test at $78-80K and maybe lower before we recover.” BTC Price Analysis: Cautious bassist Market Outlook Summary While Bitcoin and altcoins have been recovering in recent weeks, BTC recently surpassed $88.000. However, this movement lost momentum after the release of PCE data — an index closely monitored by the Federal Reserve as an inflation metric. The numbers came in higher than expected, increasing inflationary pressure and causing the price of Bitcoin to retreat to the $82.000 range. Furthermore, recent statements by Donald Trump about possible taxation of several countries have also contributed to increasing volatility in the cryptocurrency market, bringing additional uncertainty in the short term. With the market heading towards a decisive point, the next few weeks promise to be crucial for Bitcoin. If the price loses the $80 support, a test of the $70 zone is likely in the short term, but if the market remains above $80, we could see a rise above $90. Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
Movement United Creation responds to token deposits in CEX: Transactions related to institutional products will not be sold or transferred
In response to the encrypted KOL Ice Frog's query about Movement Labs depositing 17.15 million MOVE into CEX, Rushi, the co-founder of Movement, stated in the comments section that this is a transaction for institutional products (such as ETP / ETF) and corresponding loans that are about to be launched by institutions. It will not be sold or transferred.
Bitcoin Price May Face Resistance Ahead Despite Rising Whale Accumulation and Potential for Upside Movement
Bitcoin continues to grapple with bearish trends while whale accumulation suggests heightened institutional interest in the cryptocurrency. Despite stalled price action, technical indicators reveal opportunities for potential market reversals if certain resistance levels are breached. “The current whale count hitting a multi-month high could imply significant players are positioning ahead of a potential upward move,” notes a COINOTAG analyst. Bitcoin struggles below $90,000, yet rising whale activity and technical indicators hint at future bullish opportunities for investors. Bitcoin Whales Just Hit Its Highest Level In More Than 3 Months The number of Bitcoin whales—wallets holding at least 1,000 BTC—has been steadily increasing in recent weeks. On March 22, there were 1,980 such addresses, and that figure has since climbed to 1,991. While a change of 11 might seem modest at first glance, it represents a meaningful uptick in large-scale accumulation, especially considering this is the highest number of BTC whales recorded in over three months. Tracking Bitcoin whales is critical because these large holders often have the power to influence price movements due to the sheer size of their positions. An increase in whale addresses can signal rising confidence among institutional investors and high-net-worth individuals. When more whales accumulate rather than distribute, it often suggests bullish sentiment and reduced selling pressure. With the current whale count hitting a multi-month high, it could imply that significant players are positioning ahead of a potential upward move in Bitcoin’s price. BTC Ichimoku Cloud Shows Challenges Ahead The Ichimoku Cloud chart for Bitcoin shows the price consolidating just below the Kijun-sen (red line) after a strong downward move. The Tenkan-sen (blue line) remains below the Kijun-sen, indicating short-term bearish momentum. Price action is attempting to stabilize but has yet to show a decisive shift in trend. The Lagging Span (green line) trails below both the price and the cloud, reinforcing a bearish outlook from a historical perspective. The Kumo (cloud) ahead is bearish, with the Senkou Span A (green cloud boundary) positioned below the Senkou Span B (red cloud boundary), and the cloud itself projecting downward. This suggests resistance overhead and limited bullish momentum unless price manages to break through the cloud decisively. The thin structure of the current cloud, however, hints at possible vulnerability—if buyers step in with strength, there could be a window for a reversal. But for now, the overall setup favors caution, as the prevailing trend remains bearish according to Ichimoku principles. Can Bitcoin Rise To Test $88,000 Soon? Bitcoin’s EMA lines continue to indicate a downtrend, with short-term moving averages positioned below the longer-term ones. This alignment suggests bearish momentum remains dominant for now. However, if buyers can regain control and establish an uptrend, Bitcoin price may climb toward the next key resistance levels. The first challenge would be the resistance near $85,124—if broken, this could open the path to $87,482 and potentially $88,839, assuming bullish momentum strengthens and sustains. On the flip side, failure to build upward momentum would reinforce the current bearish structure. In that case, Bitcoin could revisit the support level around $81,187. A breakdown below this point would further validate the downtrend, potentially dragging the price down to $79,955. Conclusion In summary, while Bitcoin faces several technical challenges and continues to trade below critical resistance levels, the rising number of whale addresses indicates potential bullish sentiment. Investors are urged to monitor the market closely as the technical indicators suggest that a pivotal moment could be on the horizon for Bitcoin. In Case You Missed It: NASDAQ Applies for Grayscale’s Avalanche ETF Amid Growing Trend in Altcoin Funds
Data: Movement deposited 17.15 million MOVE into CEX 10 minutes ago, approximately equivalent to 7.74 million US dollars
According to Onchain Lens monitoring, Movement has deposited 17.15 million MOVE into CEX in the past 10 minutes, equivalent to about 7.74 million US dollars. In the past two days, they have sent a total of 24.15 million MOVE to CEX, equivalent to about 11.03 million US dollars.
Overview of important events on the evening of March 30th
1. Japan's FSA considers regulating internal trading of crypto assets; 2. Michael Saylor releases information related to Bitcoin Tracker again; 3. Tether plans to recruit talent to support its artificial intelligence, telecommunications and data projects; 4. Hong Kong Acting Chief Executive Matthew Cheung: The stablecoin regulatory framework is planned to be implemented as early as the end of the year; 5. Movement Labs deposits 17.15 million MOVE into CEX, valued at approximately $7.74 million; 6.Cornerstone's second fund plans to complete a $200 million fundraising by the end of the year, investing in Web3 and quantum computing fields.
A certain whale withdrew 4.49 million MOVE from CEX Prime 5 hours ago
According to OnChain Lens monitoring, a certain whale moved 4.49 million MOVE from CEX Prime 5 hours ago, worth 2.11 million US dollars. Up until now, this whale has accumulated 5.16 million MOVE, worth 2.41 million US dollars.
The Movement treasury associated address deposited 7 million tokens into CEX 4 hours ago, worth 3.3 million US dollars
According to monitoring by @ai_9684xtpa, the Movement treasury associated address deposited 7 million tokens into CEX four hours ago, worth 3.3 million US dollars. The upper-level address of this deposit has had interactions with Flow Traders in the past, and it is not yet certain whether it belongs to this market maker.
XRP Slides Over 12% In a Week as Network Engagement Plummets
XRP is under heavy selling pressure, down more than 5% in the last 24 hours and over 12% in the past seven days. The recent downturn has been accompanied by increasingly bearish technical indicators, including a sharp spike in trend strength and a collapse in on-chain activity. With price momentum weakening and user engagement dropping, concerns are mounting over XRP’s ability to hold key support levels. Unless sentiment shifts quickly, the path of least resistance appears to remain to the downside. DMI Chart Shows The Current Downtrend Is Very Strong XRP’s Directional Movement Index (DMI) is currently flashing strong bearish signals, with the Average Directional Index (ADX) surging to 47.14 from 25.43 just a day ago. The ADX measures the strength of a trend, regardless of its direction, and values above 25 generally indicate that a trend is gaining momentum. A reading above 40—like XRP’s current level—suggests a very strong trend is in play. Given that XRP is currently in a downtrend, this rising ADX points to intensifying bearish momentum and a market leaning heavily toward further declines. XRP DMI. Source: TradingView. Digging deeper into the DMI components, the +DI, which tracks upward price pressure, has dropped sharply from 20.13 to 5.76. Meanwhile, the -DI, which tracks downward price pressure, has surged from 8.97 to 33.77. This stark divergence reinforces the bearish trend, indicating that sellers are aggressively taking control while buyer strength fades. With ADX confirming the strength of this move and directional indicators tilting heavily to the downside, XRP’s price could remain under pressure in the short term unless a significant reversal in sentiment occurs. XRP Active Addresses Are Heavily Down XRP’s 7-day active addresses have seen a sharp decline over the past week, following a recent surge to new all-time highs. On March 19, the metric peaked at 1.22 million, signaling strong network activity and user engagement. However, since then, it has plummeted to just 331,000—a drop of over 70%. This sudden fall suggests that interest in transacting on the XRP has cooled off significantly in a short span of time. 7-Day XRP Active Addresses. Source: Santiment. Tracking active addresses is a key way to gauge on-chain activity and overall network health. A rising number of active addresses typically reflects growing user participation, increased demand, and potential investor interest—factors that can support price strength. Conversely, a sharp decline like the one XRP is currently experiencing can point to weakening momentum and fading interest, which could put additional pressure on price. Unless user activity begins to rebound, this drop in network engagement may continue to weigh on XRP’s short-term outlook. XRP Could Drop Below $2 Soon XRP’s Exponential Moving Average (EMA) lines are currently signaling a strong downtrend, with the short-term EMAs positioned below the longer-term ones—a classic bearish alignment. This setup indicates that recent price momentum is weaker than the longer-term average, often seen during sustained corrections. If this downtrend continues, XRP could retest the support level at $1.90. A break below that could open the door to a deeper drop toward $1.77 in April. XRP Price Analysis. Source: TradingView. However, if market sentiment shifts and XRP price manages to reverse course, the first key level to watch is the resistance at $2.22. A successful breakout above this point could trigger renewed bullish momentum, potentially driving the price up to $2.47. If that level also gets breached, XRP could push further to test the $2.59 mark.
Mysterious Ethereum ICO Whale Awakens: Sudden $3.18M ETH Transfer to Binance Sparks Frenzy
In a dramatic turn of events that has the crypto community buzzing, a dormant Ethereum (ETH) ICO participant has sprung back to life after seven long years of silence. This isn’t just any ordinary crypto user; we’re talking about an “Ethereum ICO whale” – someone who got in on the ground floor during Ethereum’s initial coin offering. Now, this deep-pocketed investor has made a significant move, transferring a whopping 1,700 ETH, valued at $3.18 million, to the popular Binance exchange. This sudden activity after years of hibernation raises a lot of questions. What’s behind this massive crypto whale movement? Could it signal a shift in market dynamics, or is it simply one whale making waves? Let’s dive into the details of this fascinating on-chain event. Ethereum ICO Whale Movement: A Deep Dive into the Transaction The crypto world is always watching for signs of significant shifts, and the recent Ethereum ICO whale movement certainly qualifies. According to data from the blockchain analytics firm Nansen, highlighted by Onchain Lens on X (formerly Twitter), this particular wallet has been inactive for seven years. Imagine holding onto a digital asset for that long without making a single move! The wallet’s origins are particularly noteworthy – it received its initial ETH stash directly from the Genesis block, essentially day one of the Ethereum network. This connection to the very beginning of Ethereum adds another layer of intrigue to the whale’s actions. Here’s a quick breakdown of the key details: Whale Status: Ethereum ICO Participant (Early Investor) Asset Moved: 1,700 ETH Value of Transfer: $3.18 million (approximately) Destination: Binance Exchange Inactivity Period: Seven Years Wallet Origin: Ethereum Genesis Block Remaining Holdings: 3,300 ETH in cold storage (66% of total original holdings) Why ETH to Binance After Seven Years? Decoding the Whale’s Motives The big question on everyone’s mind is: why now? Why move such a significant amount of ETH to Binance after all this time? While we can only speculate, there are several potential reasons behind this ETH to Binance transfer: Profit Taking: After seven years, the value of ETH has appreciated enormously since the ICO. This could be a strategic move to take profits, especially given market fluctuations. Portfolio Diversification: The whale might be looking to diversify their crypto portfolio by selling ETH and investing in other assets available on Binance. Trading Opportunities: Binance offers a wide range of trading pairs and financial products. The whale might be moving ETH to the exchange to engage in active trading or explore DeFi opportunities. Liquidation for Fiat: While less likely given the crypto-native nature of an ICO participant, there’s a possibility the whale intends to convert the ETH to fiat currency for real-world expenses or investments. Strategic Rebalancing: Maintaining a specific portfolio balance is crucial for large holders. This transfer could be part of a larger strategy to rebalance their crypto holdings. It’s important to remember that this is just one transaction from a wallet that still holds a substantial amount of ETH. The fact that 66% of the original holdings remain in cold storage suggests a long-term belief in Ethereum’s potential. Impact on Ethereum Price and Market Sentiment Any significant crypto whale movement can potentially influence market sentiment and even Ethereum price. While a $3.18 million transfer is considerable, it’s crucial to put it into perspective within the vast Ethereum ecosystem. Here’s how such a move can impact the market: Potential Impact Description Short-Term Price Volatility Large sell orders originating from the whale’s transferred ETH could create temporary downward pressure on Ethereum price, especially if executed quickly on Binance. Market Sentiment Shift News of a long-dormant whale becoming active can create uncertainty in the market. Some investors might interpret it as a lack of long-term confidence, potentially triggering minor sell-offs. Increased Trading Volume The whale’s activity and the ensuing market reaction can lead to increased trading volume for ETH on Binance and other exchanges. Limited Long-Term Impact Given the overall size and liquidity of the Ethereum market, a single whale’s $3.18 million transfer is unlikely to cause a sustained, major shift in Ethereum price or long-term market trends. However, the psychological impact of such events should not be underestimated. Traders and investors often react to whale movements as potential indicators of market direction, even if the actual fundamental impact is limited. Crypto Long-Term Holders: The Sleeping Giants of the Market This Ethereum ICO whale story highlights the significant role of crypto long-term holders in the market. These are individuals and entities who acquired cryptocurrencies early on and have held onto them through market cycles, often for years. Their holdings represent a substantial portion of the total cryptocurrency supply, and their actions can have considerable implications. Key characteristics of crypto long-term holders: Strong Belief in Crypto’s Potential: They often possess a deep conviction in the long-term value proposition of cryptocurrencies and blockchain technology. Hodling Mentality: They are known for their “hodling” strategy – holding onto their assets despite market volatility, rather than actively trading. Significant Market Influence: Due to the size of their holdings, their buying or selling activity can create ripples in the market. Potential Source of Liquidity: As long-term holders become active, they can inject liquidity into the market, especially if they choose to sell or trade their assets. Historical Market Insights: Their actions offer valuable insights into the behavior of early crypto adopters and how market dynamics have evolved over time. What Does This Mean for the Future of Crypto? The awakening of this Ethereum ICO whale is a compelling reminder of the early days of crypto and the massive wealth accumulation that occurred during the initial boom. As these early investors, the crypto long-term holders, start to move their assets, it introduces a new layer of complexity and potential volatility to the market. Will this be a one-off event, or could it signal a broader trend of dormant whales becoming active? Key Takeaways and Actionable Insights: Monitor On-Chain Data: Keep an eye on blockchain analytics platforms to track whale movements and understand potential market signals. Stay Informed About Market Sentiment: Pay attention to news and social media discussions surrounding whale activity to gauge market reactions. Consider Long-Term Trends: While whale movements can cause short-term fluctuations, focus on the fundamental long-term trends driving the crypto market. Manage Risk Wisely: Be prepared for potential volatility and manage your risk accordingly, especially when large transactions occur. Remember Crypto’s History: Events like this remind us of the cyclical nature of crypto markets and the importance of understanding market history. Conclusion: The Whale’s Wake and Crypto’s Unpredictable Seas The sudden activity of this Ethereum ICO whale is a captivating story within the ever-evolving narrative of cryptocurrency. It’s a potent reminder that the crypto market is not just about algorithms and code; it’s also about the human element – the early believers, the long-term holders, and the often unpredictable actions of significant players. As we watch the ripples from this $3.18 million ETH transfer spread through the crypto seas, one thing is clear: the world of digital assets remains as dynamic, intriguing, and full of surprises as ever. Keep your eyes on the blockchain, because in crypto, the sleeping giants can awaken at any moment, changing the landscape with a single move. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum price action. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Potential Bitcoin Price Surge – Highlighting Crucial Indicators for BTC Boost
Key Points Bitcoin’s institutional support and whale activity indicate a potential price surge. Bitcoin’s stock-to-flow ratio decline and breaking out of a descending wedge pattern signal increasing scarcity and bullish trend. Bitcoin [BTC] is drawing significant institutional interest, reflected in its price trends. Whales, or investors holding over 10,000 BTC, have raised their Accumulation Trend Score above 0.5, suggesting steady buying. Bitcoin’s Upward Movement Bitcoin’s price has recently escaped a descending wedge pattern, hinting at a possible bullish trend. The chart indicates that BTC is striving to break substantial resistance levels at $96,163.08 and $95,000. The breakout from the wedge pattern offers a chance for BTC to reach new highs. If these resistance levels are successfully breached, a further upward move may be imminent. Market observers are closely watching whether BTC can consolidate above crucial support zones. Moreover, Bitcoin’s stock-to-flow ratio is at 907.0911K, representing a 42.86% decrease. This measure helps to gauge Bitcoin’s scarcity by comparing the circulating supply to newly minted coins. Influence of Whales and Institutions on Bitcoin The reduced ratio implies that fewer coins are being made available on the market, suggesting that BTC’s value may rise as its scarcity increases. Institutional investors and whales holding large amounts of BTC further reinforce the narrative of increasing scarcity. The in/out of the money chart for BTC reveals that 77.59% of Bitcoin holders are currently in profit, reinforcing the idea that most investors are holding strong. Furthermore, BTC’s social sentiment is strongly bullish, with influential figures like Senator Cynthia Lummis and Michael Saylor voicing support for Bitcoin at the DC Blockchain Summit 2025. Such endorsements contribute to the growing institutional backing for Bitcoin . Tags: Bitcoin (BTC)
Movement (MOVE) Price Gains 27% as Accumulation Builds and Bullish Momentum Takes Over
MOVE surged decisively past the $0.57 mark on significantly increased trading volume, effectively ending weeks of tight price compression and signaling the start of a strong bullish phase. Persistent buyer strength around the $0.34 support level laid the foundation for MOVE’s explosive bullish breakout, highlighting solid accumulation and growing investor confidence. A powerful volume spike to 890.88K confirmed the breakout’s momentum, with prices reaching intraday highs of $0.66, underscoring sustained bullish pressure and minimal market resistance. MOVE/USDT witnessed a sharp breakout as bullish sentiment dominated the market. The price action broke through previous consolidation levels with heightened volume activity. This price rally followed confirmed news of a $38 million buyback initiative, fueling increased buying pressure. Technical Insights from Market Analyst Batman In addition to this price surge, market positioning signals strategic accumulation during prior consolidation phases. Buyers maintained solid defense levels around key psychological support, preparing for a rapid upside shift. The new market direction is driven by sustained participation and intensified liquidity inflows. Tracking market behavior, Batman’s detailed breakdown identifies a consistent downtrend between early January and mid-February. He highlighted that MOVE peaked above $1.20 before descending into prolonge d bearish territory . His findings revealed multiple red candlesticks confirming relentless selling momentum during that period. Source: Batman Observing price movements, Batman pointed out a critical shift in late February, where the price consolidated between $0.34 and $0.57. According to him, repeated support tests at $0.34 indicated solid buyer presence, with sellers losing control. His analysis further emphasized that this structure prepared the market for the breakout. Examining trading volume fluctuations, Batman reported that volume spiked to 890.88K on March 25. His findings revealed that this surge supported the breakout candle closing above $0.57. According to Batman, the highest price reached $0.66, indicating bullish strength with minimal resistance. Supporting Market Data Analyzing liquidity shifts, TradingView data confirms price compression between $0.39 and $0.50 during early March. A breakout occurred on strong volume, closing at $0.5504 with a 27% daily gain. The RSI rose to 61.39, signaling bullish momentum. Source: TradingView Observing intraday volatility, price action ranged between $0.427 and $0.66 on March 25. The MACD crossover displayed convergence toward the signal line, reinforcing the breakout . Volume reached 209.62M, reflecting strong market participation.
Bitcoin (BTC) Faces Potential Drop Below $80,000: Key Indicators Signal Warning
Bitcoin (BTC) has shown signs of weakness after failing to break the key resistance at $88,800 in the past few days. In the last 24 hours, the price dropped below $87,000, further signaling bearish momentum building in the short term. Technical indicators like the DMI and Ichimoku Cloud now point toward a shift in trend, with sellers increasingly taking control. As BTC hovers near critical support zones, upcoming US economic data could play a pivotal role in determining whether the next move is a rebound or a deeper correction. Bitcoin DMI Shows Sellers Took Control Bitcoin’s DMI (Directional Movement Index) chart currently shows the ADX at 21.51, indicating a weakening trend strength. Notably, the trend has recently shifted from an uptrend to a downtrend, as reflected in the changing directional indicators. Over the last few days, BTC lost its bullish momentum, and the bears have taken over. This transition is significant because it often precedes continued selling pressure unless bulls can regain control quickly. BTC DMI. Source: TradingView The ADX (Average Directional Index) measures the strength of a trend, regardless of its direction. Generally, an ADX below 20 suggests a weak or non-existent trend, while a reading above 25 implies a strong trend is underway. Currently, with ADX at 21.51, Bitcoin is in a zone of growing—but not yet strong—trend strength. Meanwhile, the +DI, which represents bullish strength, has dropped sharply from 26.33 to 14.58, signaling waning buying pressure. At the same time, the -DI, representing bearish pressure, has surged from 13.2 to 33.41, suggesting sellers have firmly taken control. This sharp crossover between +DI and -DI points to a clear shift in market sentiment and could mean further downside for BTC in the short term if the current trend continues. BTC Ichimoku Cloud Shows The Downtrend Could Get Stronger Bitcoin’s Ichimoku Cloud chart is showing signs of a short-term bearish shift. Price action has broken below the Tenkan-sen (blue line) and Kijun-sen (red line), indicating weakening momentum. More importantly, the most recent candle has decisively pierced through the lower boundary of the green cloud (Kumo), suggesting a potential trend reversal or the beginning of a deeper correction. This breakdown also means that the cloud, which previously acted as support, may now begin to serve as resistance if price attempts a rebound. BTC Ichimoku Cloud. Source: TradingView. In the Ichimoku system, the cloud represents both support/resistance and trend sentiment. When the price is above the cloud, the trend is bullish; below it, bearish; and within it, the market is in consolidation. With the current price slipping below the cloud, it signals that bearish pressure is taking control. The future cloud also appears to be thinning, hinting at reduced trend strength ahead. Unless BTC quickly reclaims the cloud and regains the Tenkan-sen, the bias is likely to remain bearish, with sellers having the upper hand. Will Bitcoin Reclaim $100,000 In April? Bitcoin price recently failed to break through the resistance zone near $88,800 and is now drifting toward a key support level at $84,736. This level will be crucial in determining short-term price direction. If it’s broken, the market could enter a stronger corrective phase, potentially sending BTC toward the next support at $81,162. A loss of that area could expose Bitcoin to further downside, including a drop below the psychological $80,000 mark, with $79,970 and $76,644 acting as subsequent support levels. The structure suggests that bears are gradually gaining ground, and unless a strong bounce occurs soon, deeper retracements remain on the table. BTC Price Analysis. Source: TradingView. That said, upcoming macroeconomic catalysts from the US, such as PMI data and consumer confidence reports, could sway momentum back in favor of the bulls. Should these events boost market sentiment and push Bitcoin upward, the price might retest the $88,800 resistance. If BTC breaks above it this time, the next targets lie around $92,928 and potentially $96,503. A sustained rally beyond those levels could reignite hopes for a move back toward the $100,000 milestone in April.
The suspected DWF Labs market-making address deposited 13.35 million MOVE into Ceffu 11 hours ago.
according to on-chain analyst @ai_9684xtpa monitoring, two days later, the suspected DWF Labs market-making address recharged 13.35 million MOVE tokens (worth $6.6 million) into Ceffu 11 hours ago, which will not enter the market temporarily.
Data: It is suspected that DWF Labs' market-making address has recharged 13.35 million MOVE into Ceffu, worth about 6.6 million US dollars
According to Auntie Ai's monitoring, it is suspected that the market-making address of DWF Labs recharged 13.35 million MOVE tokens (worth about 6.6 million US dollars) into Ceffu 11 hours ago. In the short term, these tokens will not temporarily enter the market.
MOVE’s Cooling Momentum Suggests Possible Price Consolidation Ahead of Key Support Levels
Movement Network (MOVE) is currently under scrutiny as key technical indicators signal a potential cooling of its recent bullish momentum. Despite a 13% increase over the last week, MOVE’s price action is facing pivotal support levels that could dictate its next moves. “The current downward drift in +DI and the rise of -DI suggest a shift in market sentiment that could lead to further declines,” stated a recent analysis from COINOTAG. An in-depth look at Movement Network (MOVE) reveals signs of potential downward pressure as technical indicators signal a shifting market sentiment. Assessing MOVE’s Current Technical Landscape The advent of Movement Network’s $38 million buyback announcement has certainly stirred up interest, yet the Relative Strength Index (RSI) shows a significant decline to 56 from a recent high of 83, indicating a potential shift in bullish momentum. This change in the RSI, a crucial momentum oscillator, raises questions about the sustainability of MOVE’s recent gains. According to the RSI scale, readings above 70 suggest overbought conditions, which can often lead to corrections. Following the prior momentum phase, MOVE’s recent reading remains in the neutral territory but hints at possible consolidation before a potential next rally. Prior to the spike, MOVE’s RSI was in neutral territory for a substantial 23-day span, reflecting a period marked by price stability. The sharp pullback following its peak further emphasizes the precarious nature of current market conditions. Understanding the Implications of the DMI Trend Analyzing the Direction Movement Index (DMI), the current Average Directional Index (ADX) stands at 32.97, indicating a robust trend has indeed formed. Nonetheless, the movement of the +DI, which has now significantly dropped to 26.6 from 51 two days ago, contrasts with the rise of -DI to 16.41, highlighting a gradual increase in bearish sentiment. This divergence raises concerns about the current bullish trend’s strength. While a strong trend is present, the narrowing gap between the +DI and -DI suggests waning buying momentum and escalating selling pressure, potentially leading to a consolidation phase or a corrective pullback in the near future. Evaluating Key Support Levels for MOVE In the aftermath of MOVE’s impressive 30% price surge on March 25, the altcoin is now facing a likely pullback as it trades approximately 11% below its peak price. Key support levels are pivotal to watch, with the first target set at $0.479. Failure to maintain this level could trigger a further decline toward $0.433 and $0.409, with a more profound drop towards $0.37 possible if bearish momentum persists. Market sentiments will play a crucial role as traders gauge whether the recent sell-off is temporary or the start of a more sustained downtrend. Should confidence in the MOVE ecosystem rebuild, a rebound towards resistance levels such as $0.539 could be viable, potentially paving the way for a breakout above $0.55, previously unbroken, and aiming towards $0.60. Conclusion The current dynamics surrounding Movement Network (MOVE) illustrate a critical juncture as key indicators reflect a cooling off from its recent bullish trends. A robust examination of technical indicators highlights both potential challenges and opportunities for MOVE as it navigates through this consolidation phase. Market watchers will need to closely observe price movements around critical support levels for insights into its future trajectory. In Case You Missed It: Market Confidence Shaken as HYPE Drops After JELLY Exploit: Could Recovery Be Possible?
MOVE repurchase address withdrew 10 million tokens from CEX again 5 minutes ago
According to @ai_9684xtpa monitoring, 5 minutes ago, the MOVE repurchase address once again withdrew 10 million tokens from CEX, worth 4.94 million US dollars. Up to now, the MOVE repurchase address has accumulated a withdrawal of 20 million tokens with a total value of 10.37 million US dollars. The repurchase progress has been updated to 27.3%.
Should Investors Consider Movement Network (MOVE) for April 2025?
Movement Network (MOVE) has been gaining attention after announcing a $38 million buyback in response to improper activity by a Binance market maker. Despite the corrective phase that followed its sharp price spike, MOVE is still up over 13% in the last seven days. Key indicators like RSI and DMI suggest that bullish momentum is cooling off. However, depending on market sentiment, a new trend could still develop. Is MOVE Overbought in the Market? MOVE’s Relative Strength Index (RSI) is currently at 56, down significantly from 83 just two days ago when its price experienced a sharp spike. That happened after the company behind it announced a $38 million buyback after discovering improper activity by a Binance market maker. The RSI is a momentum oscillator that measures the speed and magnitude of price movements on a scale from 0 to 100. Readings above 70 indicate overbought conditions that could lead to a pullback. Readings below 30 suggest oversold conditions that may precede a bounce. Values between 30 and 70 are considered neutral, with 50 acting as the midpoint. MOVE RSI. Source: TradingView. Prior to its recent surge, MOVE’s RSI hovered in the neutral zone for 23 consecutive days. That reflects a period of low momentum and price stability. The sudden spike that pushed RSI into overbought territory was followed by this pullback to 56. That signals that the extreme bullish momentum is cooling off. While 56 remains in neutral territory, it still leans slightly bullish and suggests that the altcoin may be consolidating before its next move. If buying interest returns, the current RSI level gives it room to push higher without being technically overbought. Movement DMI Shows Buyers Could Lose Control In The Next Days MOVE’s DMI chart shows that its Average Directional Index (ADX) is currently at 32.97, holding steady since yesterday after surging from just 9.74 two days ago. The ADX is a key indicator used to measure the strength of a trend on a scale from 0 to 100. Readings below 20 suggest a weak or nonexistent trend. Values between 20 and 25 hint at a trend starting to form, and anything above 25 confirms a strong trend. With MOVE’s ADX now firmly above 30, it signals that the recent price movement has established a solid trend. MOVE DMI. Source: TradingView. Alongside the ADX, the +DI (Positive Directional Indicator) and -DI (Negative Directional Indicator) offer insight into the direction of that trend. Currently, +DI is at 26.6, falling from 51 two days ago. On the other hand, -DI has climbed to 16.41 from 6.43 in the same period. This indicates that bullish momentum has cooled off after the recent surge, while bearish pressure is gradually increasing. Despite the strong trend strength indicated by the ADX, the shrinking gap between +DI and -DI suggests that the bullish momentum is fading. That means the trend may be weakening or transitioning. Based on these indicators, MOVE could now enter a period of consolidation or face a pullback unless new buying pressure emerges. Will MOVE Drop Below $0.40 In April? Following its sharp 30% price surge on March 25, which made it one of the best-performing altcoins of that day, MOVE has entered a corrective phase. The altcoin is now trading 11% below its recent peak. This kind of pullback is not uncommon after such an aggressive move, as traders take profits and momentum cools off. The ongoing correction focuses on several key support levels—$0.479 is the first. If that level fails to hold, MOVE could decline further toward $0.433 and $0.409. Also, a deeper drop toward $0.37 is possible if bearish momentum extends into April. MOVE Price Analysis. Source: TradingView. However, if sentiment around the MOVE ecosystem improves and confidence returns, the current pullback could be short-lived. A rebound could see MOVE retest the resistance at $0.539. A successful breakout above that could open the path to $0.55, which wasn’t broken yesterday, and even $0.60.
The MOVE treasury address transferred 13.35 million tokens to a suspected DWF Labs-associated address three hours ago
According to monitoring by @ai_9684xtpa, the MOVE treasury address transferred 13.35 million tokens to a DWF Labs associated address three hours ago, valued at $7.23 million. Arkham has marked this address as belonging to DWF, but its superior funding source address has also had financial dealings with Wintermute / Jump Crypto in the past, so it is currently unclear which institution it belongs to.
Key Market Intelligence on March 26th, how much did you miss?
Top News 1.WalletConnect Community Votes in Favor of "WCT Transferability" Proposal 2.Pump.fun Co-founder: No Dispute with Raydium, Excited to See Other Teams Propose New Mechanisms 3.Nansen: Smart Money Still Bullish on AI Concept Meme Coins 4.USDT's Total Market Cap Surpasses $144 Billion, Reaching an All-Time High 5.TaoFi to Launch Ethereum to Bittensor EVM Stablecoin Bridge on the 26th Trending Topics Source: Overheard on CT (tg: @overheardonct), Kaito PARTICLENETWORK Today, Particle Network's $PARTI token has garnered significant attention due to an airdrop event and its listing on major exchanges such as Binance and OKX. The token, as a core part of its "Chain Abstraction" plan, aims to enhance the Web3 user experience by simplifying cross-chain interactions. The airdrop accounts for 9% of the total supply, covering early users and participants in multiple rounds of activities. The tokenomics show a total supply of 1 billion tokens, with the current circulating supply at 23.3%. Community discussions focus on token staking features, gas fee discounts, liquidity incentive utility, as well as ecosystem partnerships and future distribution plans. MOVEMENT Today, the key topic of MOVEMENT "MOVE" revolves around Binance's penalty against a certain market maker. The market maker was accused of illicitly selling 66 million MOVE tokens and profiting $38 million. In response, Movement Labs announced a $38 million buyback plan, committing to repurchase MOVE over the next three months to restore ecosystem liquidity and trust. This event has sparked polarized reactions: some support the project's transparent crisis management, while others question the oversight of market maker regulation. Stimulated by the buyback news, the MOVE price has significantly rebounded, becoming a hot topic in the crypto community. GME After GameStop announced the integration of Bitcoin into the company's treasury reserve assets, it quickly ignited Twitter discussions. This move was seen as a strategic shift to align with the trend of institutional Bitcoin holdings. The market sentiment was generally positive, with many speculating on the impact of this decision on its financial strategy and stock price. The quarterly report, released simultaneously with the announcement, showed significant improvements in net income and cash reserves, further increasing investor attention. Featured Articles 1.《Pump.fun Founder Accidentally Reveals Face on Podcast, Related Memes Censored》 Recently, Pump.fun founder Alon was interviewed on the "Ethereum-native" podcast show Bankless, and at 21 minutes 44 seconds, half of his true face was revealed, leading to someone reconstructing Alon's full-face photo. The conversation, originally intended to discuss product philosophy, turned into a trial on whether "meme coins should exist," as Ethereum purists clashed with Solana's ecosystem's most successful anonymous developer. 2.《Asia's Cryptocurrency Battlefield Heating Up: Robinhood and Coinbase's "Eastward Expansion"》 This article details the expansion of Western centralized exchanges (CEX) into the Asian market, with companies like Robinhood and Coinbase expanding into Asia, leveraging regulatory-friendly hubs and localization strategies to tap into the market. Local exchanges, with their strong market positions, continue to maintain a competitive advantage, posing formidable competition for Western exchanges in the battle for dominance in the Asian market. On-Chain Data On-Chain Fund Flows for the Week of March 26
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