RVNUSD -> 2 main targets Long

Ravencoin / US DollarBinance

Description

⋅ Oct 16, 2021 10:49 AM

2 Main targets for RVN. The first and most probable is the 1.618 Fib level 1 USD. The final and possible is the top of the channel around 2.2 USD.

TA factors:

1- Coin at the bottom of the channel;
2- RSI breakout;
3- Higher lows;
4- Elliott 1-5 missing wave 5.

Comments

mmachemist

⋅ Oct 20, 2021 9:10 PM

I have similar thoughts. Between the upcoming halving, and ETH 2.0 miners moving to the next most profitable POW coin RVN demand is expected to outstrip supply. I looked back in BTCs charts and found it did a 90x move following the first halving. That move makes this prediction seem conservative...

Fullsend99

⋅ Oct 17, 2021 4:39 PM

You really think it's hitting $1?

pransisxavier

⋅ Oct 16, 2021 4:25 PM

what do you think is the price end of the year

Guapeva

⋅ Oct 17, 2021 3:00 PM

@pransisxavier, the top, 2 USD