RVN is getting rekt because of the current BTC pamp. It failed to hold the 0.78 fib level and is now heading towards the next support level of approx. 400 sats. If it breaks here, I think will continue to do a full reset back to 280-290 sats. I'm just sitting on the sideline on this and all alts currently whilst BTC is doing it's thing.
Not financial advice. Salute or laugh at me later lol
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RVN getting awfully close to the support zone, however, with BTC continuing it's climb it's likely that this area might break also. I'd be keeping an eye on BTC primarily for now.
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Still thinking this is going down to 300 sats or less. Loyalty to alts is dwindling, people are converting to BTC. RVN still a good buy though so will keep an eye on it and pick it up as cheap as I can.
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So far it looks like RVNBTC has bounced off the 300 sat area a few times. Could hold here potentially, although still a lot of uncertainty with altcoins in general currently.