River Price Surges 31% as PIPPIN Crashes 38% — What’s Next for These Cryptos?
The post River Price Surges 31% as PIPPIN Crashes 38% — What’s Next for These Cryptos? appeared first on Coinpedia Fintech News
Crypto market volatility is gradually picking up as major assets continue to trade within well-defined ranges. While Bitcoin price and other large-cap cryptocurrencies remain relatively stable, liquidity appears to be rotating toward smaller tokens.
In this environment, altcoins like River and pippin are showing sharply contrasting price action. River has surged strongly, while pippin has come under heavy selling pressure. This divergence highlights a growing trend in the market: capital is not only shifting from large caps to smaller assets but also rotating rapidly within the low-cap segment itself. Among the two, River has emerged as the stronger performer, recording a rally of more than 31% in a short period.
River Price Entering a Crucial Resistance Zone
River started the year with a powerful rally, gaining more than 1000% and marking highs above $88. At one point, a move toward $100 seemed possible, but market sentiment quickly flipped, triggering a sharp pullback. The RIVER price eventually corrected by nearly 92%, falling below $10.
Since then, the token has shown signs of recovery. Consecutive bullish candles helped the RIVER price reclaim the key resistance around $17. However, the rally is currently struggling near the crucial resistance zone between $19 and $20, which continues to delay a confirmed breakout.
As seen in the chart, the price is attempting to hold near the resistance area just below the 0.236 Fibonacci level at $22. However, momentum appears to be weakening. The CMF indicator is showing bearish divergence despite briefly moving above zero. Meanwhile, the divergence in the accumulation/distribution indicator suggests that buying pressure is slowing as distribution gradually increases.
For River to sustain its bullish momentum, the price needs to break and hold above the $20 level before attempting to secure $22. A successful breakout could open the door for a move toward $25. Such a move may attract additional liquidity and support further upside.
Is pippin Price Heading for a 50% Correction?
While some tokens are attempting to recover, pippin appears to be moving in the opposite direction. During the recent market rally, the token posted strong gains and surged above $0.9. However, bearish pressure soon emerged, triggering a steep decline of nearly 55%.
The current technical structure suggests that the downtrend may not be over yet.
PIPPIN price recently faced rejection from the upper boundary of an expanding wedge pattern, which accelerated the ongoing sell-off. The Supertrend indicator has flipped bearish, pushing the price toward the lower region of the Ichimoku Cloud. At the same time, the conversion line and base line are approaching a bearish crossover. If this crossover confirms, the price could drop below the cloud, strengthening the bearish outlook.
As a result, pippin may continue sliding toward the wedge support near $0.12. This would represent another potential decline of nearly 50% from current levels and could mark the bottom of the ongoing bearish phase.
Wrapping it Up!
Overall, the contrasting price action between River and Pippin highlights the growing volatility within the low-cap crypto segment. While River is attempting to sustain its recovery and push toward higher resistance levels, Pippin continues to face strong bearish pressure. The coming sessions will be crucial, as a breakout above key levels could strengthen River’s bullish momentum, while further technical weakness may push Pippin toward deeper corrections.
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