River (RIVER) continues to show strong upward momentum, extending its recent bullish trend. As of March 12, 2026, the token has gained around 25.78%, highlighting renewed buying interest in the market.
On a broader timeframe, the token has also delivered an impressive 23.45% weekly increase, supported by improving market sentiment and growing trader participation.
According to data from CoinMarketCap, the token is trading at $18.56, reflecting strong market activity. The 24-hour trading volume is approximately $50.26 million, marking a slight 1.47% decrease compared with the previous day.
Meanwhile, the token’s market capitalization has reached $364.02 million, showing a 25.87% rise over the same period as bullish momentum continues to build.
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Strong Support and Retest Confirm Buyer Strength
According to crypto analyst Sjuul | AltCryptoGems, River formed a textbook market structure around the $11–$12 support zone.
The Price briefly deviated below the level, triggering stop losses and trapping breakdown sellers while creating liquidity for larger buyers.
After reclaiming support, the market produced a clean support-to-resistance flip confirmation. The analyst points out the reclaiming of the price action as a strong sign of a solid defense by the buyers.
The best retest of the newly reclaimed area provided a lower-risk entry before the price action continued, with the initial targets on the upside at $16-$18.
After a successful retest, the momentum picked up as the trapped shorts covered their positions, and new buyers entered the market.
The analyst has identified the major target for RIVER, which is around $20 and $22, and the macro resistance is around $24 if the buying fervor continues.
Technical Indicators Signal Continued Strength
From an indicators perspective, the Relative Strength Index is at 56.28, and its signal/average line is at 50.38. Momentum is a touch above the 50 neutral mark, suggesting a slight bias towards the bulls.
The Relative Strength Index is moving higher from the lower end, suggesting a slight increase in buying activity. However, it is not at extreme levels near 70.
The MACD (Moving Average Convergence Divergence) indicator has a reading of a MACD line at 0.67756, a signal line at -0.17371, and a histogram reading of -0.85128.
As the MACD line rises above the signal line, the strength of the bulls is increasing, while the bearish power is weakening gradually.
Why This Matters
The latest retest by River, accompanied by bullish momentum, indicates the possibility of earning profits in the short term.
The $11-$12 price zone, indicating strong buying support for the asset, may propel the price of RIVER to the $20-$24 price resistance bands.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
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