Transfer gatherings that exceed 35 % as Movement Network Foundation intensifies the re -purchase of the distinctive symbol star-news.press/wp

The movement increased for the second consecutive day, with the support of the continued symbolism of the movement’s network.

According to Crypto.News (Move) data, the original distinctive symbol of the ecosystem of the standard layer -2 increased, with more than 35 % on June 26 to reach the highest level during the day at $ 0.199 during the afternoon Asian trading hours. Rally pushed the maximum market above $ 512 million and the weekly gains to more than 52 %.

The daily trading volume increased by more than 300 % compared to the previous day, as investor morale is likely to be moved through the activity of the distinctive re -purchase of the continuous symbol by the movement network.

According to the official DisclosureThe Movement Network Foundation, an entity that supervises the movement’s ecosystem, has reshaped 45 million transport symbols within the past 24 hours, thereby reaches the total re -purchase of June to 63 million symbols.

The initiative appears to be part of the re -purchase program that was funded by the movement strategic reserves, which was created in May. It is said that part of the reserve is supported by the assets that were recovered from Rentting, a market maker now accused of manipulating prices.

Through this reserve, the distinctive symbols are actively bought from the open market to help stabilize prices and reduce fluctuations in the aftermath of the sale.

Meanwhile, the last purchases come after the movement team transported 500 million transmitted symbols to Binance in early May 2025 as part of the Move Launchpool Season 2 initiative.

The initiative to transfer the distinctive symbol and launch seems to be the strategic efforts by the movement’s team to reorganize it with the distinguished symbol holders and reduce concerns about possible deletion, and amplify it after a step that Coinbase was deleted in May, noting that there is no compliance with the listing standards in the wake of the Rentting accident.

The re -purchase program appears to have contributed to a noticeable rise in upward feelings.

At one time, the accumulation of the whale has also chosen a pace. According to Nansen Data, the whale governor has increased its possessions by about 200 % over the past three months, as they now have 843,829 symbols.

However, additional data provides a Habbudian note. While whales have increased their property, smart money portfolios, which are often more strategic, have reduced their exposure to 52 % during the same period. This difference indicates that although the larger holders accumulate, the most strategic traders may still be careful about the long -term expectations of Move.

Stir price analysis

On the SUDT price scheme for one day/SUDT, MOVE collapsed of a multi -price -price saf, which is a bullish technical formation that usually precedes the repercussions of upward prices.

The MVE price has also violated a descending trend line that has reduced prices since late December, indicating a possible transformation in the market structure from its highest level to its highest level.

The momentum indicators such as RSI and MACD have also turned up, which enhances the probability of continuous upward budget in the short term.

Based on this technical preparation, the most likely bullish goal of Move is at $ 0.41, which represents a 23.6 % decline area and 115 % higher than the current price level.

Nevertheless, the deterioration in the feelings of the wider market, especially if geopolitical tensions in the Middle East are escalating, this bullish structure can nullify. In this case, the risks that fell towards a level of $ 0.11, a decisive support zone that historically attracted the purchase of interest.