RVN has been one
of the biggest winners of the last month, seeing crazy returns almost daily. Since it hit the ATH
around 0.29, RVN has been declining however. RVN is severly overbought, no denying that. Combined with the bearish
correction that Bitcoin
is currently facing, RVN is well on its way to fall even further.
On the chart I’ve marked two potential areas of support, S1 and S2. These areas are based on recent swing lows. Do your own due diligence.