Market Overview: Moonriver/Tether (MOVRUSDT) – December 11, 2025

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Thursday, Dec 11, 2025 5:28 pm ET1min read
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Aime RobotAime Summary

- Moonriver/Tether (MOVRUSDT) broke below key resistance at 3.10–3.13, confirmed by bearish engulfing patterns and MACD/RSI divergence.

- Sharp selloff to 2.88 saw 263k MOVR traded and $767k turnover, with Bollinger Bands widening to signal heightened volatility.

- 38.2% Fibonacci level at 2.90–2.92 offers short-term support, but further downside risks include a potential break below 2.88 to 2.80–2.85.

Summary
• Price action shows a bearish breakdown from a key resistance around 3.10–3.13.
• RSI and MACD signal weakening momentum with overbought levels dissolving into oversold territory.
• Volume spiked during the sharp selloff, suggesting increased conviction in downside.
• Bollinger Bands widened, highlighting a period of heightened volatility in the last 24 hours.
• A potential bullish reversal may form near 2.90–2.92, with a 38.2% Fib level offering short-term support.

Moonriver/Tether (MOVRUSDT) opened at 3.093 on December 10 at 12:00 ET, reached a high of 3.133, a low of 2.88, and closed at 2.912 on December 11 at 12:00 ET. Total 24-hour volume was 263,394.589 MOVR, with notional turnover of $767,473. The asset faced downward pressure throughout, with a sharp correction from 3.133 to 2.912.

Structure & Formations


Price broke below key resistance at 3.10–3.13 during the evening hours on December 10, followed by a deep retracement down to 2.88 by midday on the 11th. A bearish engulfing pattern formed at the high of 3.133, confirming the reversal. A potential support zone appears at 2.90–2.92, where price briefly bounced after the sell-off.

Moving Averages


On the 5-minute chart, the 20 and 50-period SMAs crossed bearishly near 3.10, reinforcing the breakdown. Daily moving averages (50, 100, and 200) suggest
Moonriver
remains in a broader bearish trend, with no clear short-term reversal signals.

MACD & RSI


The MACD line crossed below the signal line near the 3.10 level, indicating bearish momentum. RSI dropped from overbought (>60) to oversold (<30) during the selloff, suggesting exhaustion. A bullish divergence on RSI could hint at a potential bounce in the near term.

Bollinger Bands


Bollinger Bands expanded significantly during the selloff, from 3.13 to 2.88, signaling heightened volatility. Price closed near the lower band, which may offer a short-term floor. A retest of the upper band would require a strong reversal.

Volume & Turnover


Volume surged during the 19:15–20:30 ET window as price fell from 3.11 to 2.90. Turnover spiked alongside the drop, confirming bearish conviction. A divergence appears in the final hours as price bottomed but volume waned, suggesting possible near-term consolidation.

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Fibonacci Retracements


Applying 5-minute retracement levels to the swing from 2.88 to 3.13 shows the 38.2% level at 3.01 and the 61.8% at 2.95. Daily retracements from a larger high of 3.13 (if present) point to key support at 2.90–2.92, where buyers may step in.

Looking ahead, a retest of the 3.00–3.05 range could offer a potential bounce scenario, but a break below 2.88 may target 2.85–2.80. Investors should remain cautious and watch for volume confirmation on any upward moves.