Recent Developments and Market Sentiment
Movement Network recently dropped some pretty big news—they’re planning to launch their own Layer-1 blockchain before the end of 2025. Right now, they’re running as a sidechain, but this upgrade is a major step forward. The new version, dubbed “Move 2.0,” brings some solid improvements like enums, compound statements, and index notation, plus native staking through a validator set. The good news is that all your existing assets and contracts should migrate smoothly to the new mainnet. What’s really interesting is that on-chain activity and Total Value Locked have been picking up steam, with TVL crossing the $200 million mark. This shows people are actually using the network, and it looks like the project is gearing up for something significant ahead of the mainnet launch.
Current Technical Picture
Right now, MOVE is trading around 0.0451 USDT. Looking at the 4-hour chart, the RSI sits at about 43—basically a neutral zone, not overbought or oversold. The MACD tells a slightly bearish story with the MACD line below its signal line, though the histogram is narrowing, which suggests the selling pressure might be losing steam. Price is currently hanging out below the 4-hour simple moving average at roughly 0.04640, while the exponential moving average sits at about 0.04595, just a hair above where we’re trading now.
Support, Resistance, and Price Projection
When we zoom out to the daily timeframe, we can map out some important levels. On the resistance side, we’ve got R1 sitting around 0.04613, R2 at about 0.04727, and R3 up near 0.04903. For support, things get interesting—S1 is down at 0.04323, S2 at 0.04147, and S3 at 0.04033, with the pivot point right in the middle at 0.04437 USDT. With the current price at around 0.04509 USDT, MOVE is basically stuck in a tight range just below its moving average.
Short-Term Predictions (Next 1-2 Weeks)
Here’s how things could play out over the next couple of weeks. If MOVE manages to climb back above the 4-hour EMA (around 0.04595) and break through R1 at 0.04613, we could see it push toward R2 near 0.04727. Break that level with conviction, and R3 at 0.04903 comes into view. But let’s be realistic—if it can’t clear R1, we’re probably headed down to test S1 at 0.04323. And if that level gives way? Well, then we’re looking at a potential slide toward S2 at 0.04147 or even lower around 0.04033.
Mid-Term Outlook (End of 2025)
Looking ahead to the end of 2025, the Layer-1 migration could be a real game-changer. Once staking kicks in and developers start moving over, the network incentives could take some tokens out of circulation. If the broader crypto market catches a bid and altcoins start running, we could easily see MOVE push back up toward and beyond the $0.05 level. That said, nothing’s guaranteed. Regulatory issues, competition from other Move-language projects, or hiccups in the protocol migration could throw a wrench in the works and keep the price range-bound.
Trading Strategy Suggestions
If you’re thinking about trading this, here are a few ideas. A long position makes sense if MOVE holds above that 4-hour EMA at 0.04595 with some solid volume behind it. You’d be looking at targets around 0.047 to 0.049, with a stop-loss tucked just below S1 at 0.04323 to keep your risk in check. If you’re more cautious, wait for confirmation above the pivot at 0.04437 and R1 before jumping in. Whatever you do, keep an eye on volume and on-chain metrics like staking participation and TVL—these often give you a heads-up before a big move happens.
