In a stunning turn of events, Illuvium (ILV) has reignited investor interest after a dramatic price surge following the conclusion of its highly anticipated Leviathan No Limits Tournament.

The Web3 gaming token has shown exceptional momentum in recent days, leaving traders wondering whether this marks the start of a sustained uptrend or just a temporary flash of hype.

With the fundamentals improving and technical indicators aligning, ILV is making a strong case to be back on the radar.

Competitive play sparks a revival

The Leviathan No Limits Tournament served as a defining moment for the Illuvium ecosystem.

Unlike previous events that relied heavily on high-end NFT assets, this competition showcased how skill alone could drive competitive outcomes.

As a result, players with minimal in-game investments were able to compete effectively, shifting the game’s perception from pay-to-win to a skill-based and fair one.

This shift has contributed to a renewed sense of legitimacy around the game.

More importantly, it has started to attract a broader audience, including previously sceptical players who now see a more polished and competitive product.

As word spread, ILV’s price began to react swiftly, climbing more than 60% in a single day, a move rarely seen even among highly volatile crypto assets.

Double bottom breakout ignites an ILV bull run

Technically, the ILV/USDT chart painted a classic double bottom near the $11.81 level, forming a strong base after months of consolidation.

This bullish pattern triggered a sharp breakout, pushing the token to a high of $23.53 — a remarkable 100% rally within just a few hours.

To many, this is a clear breakout confirmation, with volume surging to levels not witnessed in months.

Even though the price has slightly pulled back to the $21 range, the bullish momentum remains intact.

Holding above $20 will be crucial in determining whether this is a healthy retracement or the start of a deeper correction.

However, with sentiment shifting and volume still strong, many believe the breakout has more room to run.

Illuvium price targets to watch

Market analysts have started pointing to higher resistance levels as potential short-term targets.

The first key level to watch is $25, followed by $27.50 and then $30 if momentum continues.

These targets are based on technical resistance zones and recent historical price action.

A successful breakout above the $23.66 high could pave the way for rapid moves toward those levels.

However, traders must remain cautious. ILV is still down nearly 99% from its all-time high of $1,911.26 recorded in November 2021.

While the recent bounce is significant, it comes after a deep and prolonged bear phase.

This means that volatility is likely to persist, and any major price movement should be approached with calculated risk management.

In addition, the RSI indicator shows an overbought market, meaning a pullback could be imminent, although the MACD shows a bullish trend resurgence.

Long-term outlook hinges on more than hype

Beyond the charts and short-term catalysts, Illuvium’s long-term success will depend on continued player engagement, product updates, and the ability to retain a competitive edge in the growing Web3 gaming sector.

The Leviathan tournament may have reignited interest, but sustaining that momentum will require consistent delivery from the development team.

Notably, the Illuvium ecosystem is still sizzling with user engagement as the ILV Summer Exclusive Illuvitars, which ends on August 14, has seen over 180 Glitched Illuvitars pulled so far.

Sale Ends Aug 14! https://t.co/q92M7ULF7v

— Illuvium (@illuviumio) August 4, 2025

With these developments, Illuvium has once again become one of the Web3 tokens to watch closely, although whether the recent breakout turns into a full-blown trend reversal remains to be seen.

The post Illuvium (ILV) price forecast post Leviathan No Limits Tournament appeared first on CoinJournal.

Illuvium (ILV) price forecast post Leviathan No Limits Tournament

Source: https://coinjournal.net/news/illuvium-ilv-price-forecast-post-leviathan-no-limits-tournament/

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.

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.

$MOVE will get listed on https://t.co/5QYVgqrmdD Exchange– Trading opens soon! @movementfdn 🚀 https://t.co/5QYVgqrmdD is excited to announce the launch of an exciting new project on our Spot trading platform. Movement ($MOVE) will soon be available for trading exclusively on… pic.twitter.com/t7AYO6dXMu

— Niza.io Exchange (@nizacoin) June 23, 2025

This strategic listing comes at a time when retail and institutional interest in MOVE is building, and the exchange’s growing reputation for secure and seamless trading could serve as an ideal launchpad.

Movement Network Foundation buybacks have tightened the supply

In another move signalling confidence in the project, the Movement Network Foundation has completed two significant buybacks in the last week, withdrawing a total of 18 million MOVE tokens from the market.

The first buyback of 10 million tokens occurred on June 20, followed by an 8 million token buyback on June 22, both confirmed via Ethereum blockchain transactions.

Such buybacks reduce the circulating supply and are typically seen as a strong sign of institutional backing and long-term commitment to price stability.

MOVE price prediction: What’s next for Movement (MOVE)?

As the MOVE cryptocurrency consolidates above key technical levels, eyes are now on the $0.1514 resistance.

If bulls manage to flip this into support, the token could quickly push toward $0.1780 and potentially extend further into the $1.80 region if momentum accelerates.

However, failure to hold above the 100-day MA could result in a retest of the $0.125 to $0.130 zone, where earlier support remains active.

With buybacks, whale accumulation increasing, and new listings adding exposure, the overall sentiment surrounding Movement (MOVE) remains bullish heading into the final week of June.

The post Movement (MOVE) price outlook as it bounces back from recent correction appeared first on CoinJournal.

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

Source: https://coinjournal.net/news/movement-move-price-outlook-as-it-bounces-back-from-recent-correction/