MOVR is breaking out! 1237% profit is possible?

Jan 13

MOVR is extremely bullish; we have a bullish flag and a strong uptrend. We have 2 possible profit targets: the first is the 1:1 FIB extension, and the second is the 1.618 FIB extension. This coin is really hot when it comes to interest from retail traders. The ABC correction is complete, and I do not see any reason why we should go down from this point! A break of 30 USDT will lead to a massive pump to 111 USDT. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!

As a decentralized smart contract platform, Moonriver requires a utility token to function. MOVR is central to the design of Moonriver and cannot be removed without sacrificing essential functionality. The Moonriver token uses include:

• Supporting the gas metering of smart contract execution
  
• Incentivizing collators and powering the mechanics around the creation of a decentralized node infrastructure on which the platform can run
  
• Facilitating the on-chain governance mechanism, including proposing referenda, electing council members, voting, etc.
  
• Paying for network transaction fees
  

Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!