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Motion price forecast as MOVE sees 60% bounce from latest lows – CoinJournal

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  • Motion (MOVE) price noticed 1% hunch previously 24 hours, however is up almost 60% from its June 22 lows of $0.11.
  • Revenue-taking and the altcoin market cooldown contribute to the latest pullback.
  • Rebranding and token buybacks gasoline optimism for a possible rally towards $0.4.

The price of Motion (MOVE) was down 1.2% in 24 hours because it modified arms round $0.17.

Regardless of the downturn, the token remained 34% up over the previous week and, crucially, almost 60% up since dipping to lows of $0.11 on June 22, 2025.

In the meantime, the 24-hour buying and selling quantity declined after spiking greater than 300% as costs rose to close $0.20 on June 27.

The amount, per CoinMarketCap, stood at $212 million, about 46% down previously 24 hours.

Why is the MOVE price down?

Motion’s 1.2% drop previously 24 hours comes as merchants doubtless look to capitalize on the token’s fast 60% climb from $0.11.

This price stage is the cryptocurrency’s all-time low, and the price surging to just about $0.20 supplies a possible alternative for some profit-takers.

Whereas not good for the MOVE price at present, the profit-taking typically aligns with a broader cooldown throughout the altcoin market.

Regardless of the specter of a promoting strain, the price stays effectively above key help ranges, signaling that the bullish momentum is probably not over.

The 300% spike in buying and selling quantity in the course of the rally signifies sturdy market participation, however the subsequent 46% drop suggests a pure consolidation part as merchants reassess positions.

CryptoQuant analysts are additionally declaring that the market is displaying indicators of cooling down. Nonetheless, there’s no overheating.

“Currently, Bitcoin is near its all-time high, but the market shows a cooling trend without signs of overheating,” the analysts stated on X.

This outlook aligns with Bitcoin’s holding of costs above the $107k stage after a pointy bounce from lows beneath $100k.

Motion price prediction

The outlook for MOVE stays cautiously optimistic, pushed by technical and basic developments.

Motion’s rebranding efforts are shifting sentiment away from its latest detrimental outlook.

Moreover, token buybacks are a major bullish catalyst.

MOVE price just lately broke out of a descending channel, a bearish sample that had constrained its price motion.

This breakout, coupled with a surge in buying and selling quantity, alerts rising bullish momentum.

On each day charts, the Relative Power Index (RSI) hovers round 59, indicating room for upward motion earlier than reaching overbought territory.

If bullish momentum continues, key ranges to look at embody $0.23 and $0.34, which align with historic resistance zones.

Above these, consumers can goal $0.4 and $0.55.

Nonetheless, help ranges at $0.15 and $0.11 stay essential if bearish strain reemerges.

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