Movement (MOVE) price outlook as it bounces back from recent correction

The price of Movement (MOVE) has rebounded 22.4% after bottoming at $0.1107. Buybacks and tightening supply are the primary factors behind the rebound. Niza Exchange listing has also boosted the token’s visibility and demand. Movement (MOVE) has emerged as one of the top crypto gainers today following a sharp correction. After bottoming out at a […] The post Movement (MOVE) price outlook as it bounces back from recent correction appeared first on CoinJournal.

Jun 23, 2025 - 15:32
 0
Movement (MOVE) price outlook as it bounces back from recent correction
  • The price of Movement (MOVE) has rebounded 22.4% after bottoming at $0.1107.
  • Buybacks and tightening supply are the primary factors behind the rebound.
  • Niza Exchange listing has also boosted the token’s visibility and demand.

Movement (MOVE) has emerged as one of the top crypto gainers today following a sharp correction.

After bottoming out at a multi-week low, MOVE has staged an impressive rebound, reclaiming key levels and sparking renewed optimism among traders and investors.

MOVE’s strong recovery has triggered fresh momentum

Movement (MOVE) is currently trading at $0.1467, up 22.4% in the past 24 hours, marking a powerful recovery from its recent low of $0.1107.

This rally comes after the token hit its all-time low on June 22, 2025, signalling a sharp bounce fueled by increased market participation and renewed confidence in the Movement ecosystem.

Adding fuel to the fire, daily trading volume has surged to $206.5 million, an impressive 469% increase from the previous day, indicating strong buying interest and growing momentum.

While volatility remains elevated, technical signals suggest that the token could be preparing for another leg up if support levels continue to hold.

Technical indicators show a bullish structure forming

On the 4-hour chart, MOVE has printed a strong green candle shortly after bouncing from $0.1107. It has reclaimed the critical $0.13 support zone and crossed above the 100-day MA level at $0.1419.

MOVE price chart

The price was initially rejected at the 200-day MA resistance line of $0.1515, a common occurrence at such long-term moving averages, but it continues to hold above the 100-day MA, which traders see as a key line in the sand.

More importantly, the short-term moving averages (7-day MA and 25-day MA) have just crossed bullishly, pointing to a reversal structure that could favour a continuation of upward movement.

If Movement (MOVE) maintains its position above the 100-day MA, analysts expect another retest of the 200-day MA, and a successful break above that could open the door to $0.1780, the previous top from recent price action.

Whale activity supports the bullish setup

Beyond technicals, whale accumulation has also been observed during this period, with large wallets entering the market aggressively around the $0.13 zone and fueling the ongoing rally.

This accumulation, combined with the staking lock-up, points to long-term conviction from key players in the market.

MOVE token has also struck a new exchange listing

Adding to the bullish sentiment is the recent announcement of MOVE’s listing on Niza Exchange, which will launch trading for the MOVE/USDT pair on June 24, 2025, at 8:00 AM UTC.

Deposits are already open, and the listing is expected to improve liquidity while exposing the token to a wider trading audience.