From a fundamental perspective, things look great. New assets are being registered daily in the namespace and as the valuation grows so does the security of the network. This is due to the profitability of mining driving ever higher hash rates, now surpassing Etherium Classic (ETC).
Ravencoin is quickly graduating beyond the level where 51% attacks are feasible partly due to the X16R algorithm keeping ASICs at bay and making it possible for any GPU on any gaming to mine profitably. The biggest issue currently observable is that 31% of the hashing power resides with one pool, this will likely not be a problem especially if the valuation continues to grow. At the moment I expect the market cap to reach somewhere in the neighborhood of $500MM in the next few months.
In the long term (a decade or so), I expect that the market cap could go as high as $36B if it is adopted for use in listing shares of publicly traded companies and REITs, another real estate shares. One $RVN would be worth $2 in today's US dollars at that point.
In the near future (within this year) I expect the valuation of 1 RVN to reach above and then stabilize around $0.13 to $0.15.