Latest Movement (MOVE) Price Analysis

By CMC AI
13 October 2025 04:17PM (UTC+0)

Why is MOVE’s price up today? (13/10/2025)

TLDR

Movement (MOVE) rose 2.72% over the last 24h, diverging from its -25.72% weekly and -33.84% monthly declines. The uptick aligns with bullish technical signals and progress toward its Layer 1 transition, despite broader market weakness.

  1. Layer 1 Transition Progress – Validator network testing and Move 2.0 upgrades fueled optimism.

  2. Technical Rebound – Oversold RSI and bullish MACD divergence triggered short-term buying.

  3. Market Sentiment Shift – Low-cap altcoins saw rotational inflows despite Bitcoin dominance.

Deep Dive

1. Layer 1 Transition Progress (Bullish Impact)

Overview: Movement announced plans to migrate from an Ethereum sidechain to a standalone Layer 1 blockchain by late 2025, targeting >10,000 TPS and sub-second finality. The testnet phase began in September, with mainnet migration expected to enable staking for unlocked MOVE tokens.
What this means: The shift reduces reliance on Ethereum’s ecosystem and eliminates a centralized sequencer, addressing prior governance concerns. Validator incentives could tighten supply if staking adoption rises. However, locked tokens (75% of total supply) remain excluded from staking, capping near-term demand.

2. Technical Rebound (Mixed Impact)

Overview: MOVE’s RSI-7 hit 33.59 (near oversold) on October 12, while the MACD histogram (-0.003) showed slowing bearish momentum. Prices rebounded from the $0.083 pivot, a key Fibonacci support level.
What this means: Short-term traders likely capitalized on oversold conditions, but longer-term moving averages (200-day SMA at $0.174) remain far above current prices, signaling entrenched bearish trends. A sustained rally would require reclaiming the $0.10 resistance.

3. Market Sentiment Shift (Neutral Impact)

Overview: Despite Bitcoin’s dominance at 58.92%, altcoins like MOVE saw speculative inflows as the CMC Altcoin Season Index rose 5% this week. MOVE’s 24h volume surged 34% to $41.77M, outpacing the broader crypto market’s -13% volume drop.
What this means: Low liquidity makes MOVE prone to volatility from sentiment shifts, but declining on-chain activity (-34% monthly transactions) and $5.74M token unlocks on October 9 limit upside sustainability.

Conclusion

MOVE’s 24h gain reflects technical relief and optimism around its Layer 1 roadmap, but structural challenges (high unlock pressure, declining usage) persist. Key watch: Can MOVE hold above its 7-day SMA ($0.0978) to confirm a trend reversal, or will unlocked token sales resume the downtrend?

Why is MOVE’s price down today? (12/10/2025)

TLDR

Movement (MOVE) fell 1.53% in the past 24h, extending its 30-day decline of 38.59%. Key drivers include:

  1. Token unlocks – 50M MOVE ($5.74M) unlocked on Oct 9, adding sell pressure.

  2. Technical breakdown – Price remains below critical moving averages and Fibonacci levels.

  3. Ecosystem uncertainty – Transition to Layer 1 raises execution risks despite long-term ambitions.


Deep Dive

1. Token Unlocks (Bearish Impact)

Overview: Movement unlocked 50M MOVE ($5.74M) on October 9, part of a broader $3.14B token unlock wave across crypto projects (Cryptotimes). Unlocks often lead to increased circulating supply, creating downward pressure if holders sell.

What this means: MOVE’s 24h trading volume ($26.7M) suggests liquidity is thin relative to the unlock size, amplifying volatility. Historical patterns (e.g., May 2025’s 50% crash post-unlock) highlight sensitivity to supply shocks.

What to look out for: Monitor wallet activity for large sell-offs linked to unlocked tokens.


2. Technical Weakness (Bearish Impact)

Overview: MOVE trades at $0.0799, below all major moving averages (200-day SMA: $0.17666) and the 23.6% Fibonacci retracement level ($0.116). RSI (23.54) signals extreme oversold conditions but no reversal confirmation.

What this means: Sustained selling has erased key support levels. The MACD histogram (-0.0030482) shows bearish momentum persists. Until MOVE reclaims $0.116 (23.6% Fib), rallies may face resistance.

What to look out for: A close above $0.09 could signal short-term relief, while failure risks a retest of the swing low ($0.0395).


3. Layer 1 Transition Risks (Mixed Impact)

Overview: Movement announced plans to migrate from an Ethereum sidechain to a standalone Layer 1 blockchain by late 2025 (The Defiant). While aiming for 10k+ TPS and staking features, on-chain activity has declined (4.8M August transactions vs. 7.3M June).

What this means: The pivot introduces execution risks (e.g., validator adoption, smart contract migration) and competes with established L1s. However, staking rewards for unlocked MOVE tokens could improve supply dynamics if demand rebounds.


Conclusion

MOVE’s decline reflects a mix of token supply shocks, technical breakdowns, and transitional risks. While oversold conditions hint at potential stabilization, the lack of bullish catalysts and weak market sentiment (global crypto Fear & Greed Index: 31) suggest caution.

Key watch: Can MOVE hold $0.07 support, or will the Layer 1 migration timeline trigger renewed confidence?

CMC AI can make mistakes. Not financial advice.