I can say with a high level of confidence that Ravencoin's (RVN) evaluation against the U.S. Dollar (USD) will make impressive moves for the remainder of this market cycle due to factors such as fundamental development with the project itself, prior price actions, and indicators such as the RSI.
With regards to fundamentals, RVN is expecting its first halving at...
Raven has recently formed another Cup n Handle pattern after the previous larger cup n handle got rejected.
The recent smaller Cup n Handle formation is almost complete and we may be getting ready to move towards .21205
#Ravencoin block reward HALVENING is in approx 40 days will be one of the biggest trigger which will lead us to newer ATHs.
*There was no PREMINE...
Raven coin chart is showing a Symmetrical triangle pattern . Could be some nice upside ( roughly 80%) with an ideal risk /reward. Looking to enter a Breakout of triangle pattern to the upside.
RVN touched its supporting line and now the price is at the floor of upward channel. On the other hand RSI indicator trapped in a descending channel. If the static resistance at the price of 17.8 ¢ broken, the price of 28 ¢ is accessable for RVN; If not it will exit from bottom of channel and oscillat around 16 ¢ for a few weeks.
Ravencoin has now reached the end of the consolidation. Due to the market structure and the increase in the hashrate of the Ravencoin network, I suspect an upward breakout. Of course, it would not be surprising since it breaks down after such a strong rise, but the market structure is very bullish. Ravencoin is also just a very great project and the high hashrate...
RavenCoin is a community driven and a truly opensource project with no pre-mine, ICO etc., built on a fork of Bitcoin code. The project aims to create a blockchain optimized specifically for the transfer of assets such as tokens from one holder to another.
Ravencoin was one of sensational coins that made the moonshot (RVNBTC) in the early 2019 with an incredible...
FA:
The mineable, open source coin which was not pre-mined; if you are looking for a stable and safe investment, this is probably one of your best bets.
TA:
Strong Upward trend.
Volume profile is centered at current price level, therefore, big price retracements are unlikely.
ATH is 100% away, with RVN's development; we can expect it to go higher.
Please...
RVN has been on a downtrend for over 2 weeks and has broken the resistance on 2hr and LTF. The trend change means this long could be quite lucrative as RVN held the support despite the RavenCoin attack news recently as the Developers have been quick in acknowledging the vulnerability and reacting quickly to the event. Ravencoin has a strong community and despite...
