RVN - is it going for a full retracement?RVN dropped significantly like others, from a high of 1724 sats to 415 sats few hours ago, which is 75% down.
If it retraces full, we will hit 270+ zone and i want that to happen...!!!!!
Rvn
RVNBTC: Get On The Dump TrainRVN 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
RVNBTCAltcoins are in a tough spot with how bitcoin is rallying atm. Alts tend to find buying when bitcoin is sideways (people move their btc to alts from bitcoin).
I am watching RVN as I believe it has decent upside potential and is approaching levels of support.
RVN is about to start ALT SZNBTC has just broken 11k. If it bounces around between 10.5k and 11.5k alts will likely get a massive inflow of new cash.
RVN is at a major support and is primed to take off. Not sure how many indicators you need to realize this is a great opportunity.
Going long from here and holding for a bit or until BTC makes another large move.
-Kushgma
$RVN Hodling to the 600sats support...$RVN Hodling to the 600sats support with RSI quickly coming out from oversold levels...
Let see if we have continuation and volume from here...
#RVN
RavenCoin Price Analysis RVN / USD: Phoenix RisingFundamental Analysis
RavenCoin has surged after the project has announced listing on the Crypto.com. Users will be able to purchase RVN using bank transfers and credit cards, which should increase the adoption and liquidity of the coin.
RavenCoin / USD Short-term price analysis
RavenCoin has a bullish short-term outlook, with the cryptocurrency still trading above major technical support on the four-hour time frame.
The four-hour time frame shows that a complex inverted head and shoulders pattern has formed, with the RVN / USD pair attempting to move back towards neckline resistance.
Technical indicators on the four-hour time frame have turned bullish and continue to issue a buy signal.
Pattern Watch
Traders should note that the RVN / USD pair will move to a new all-time price high if the bullish pattern is fully ignited on the four-hour time frame.
Relative Strength Index
The RSI indicator is still bullish on the four-hour time frame and shows scope for further upside.
MACD Indicator
The MACD indicator is bullish on the four-hour time frame and continues to generate a buy signal.
RavenCoin / USD Medium-term price analysis
RavenCoin has a bullish medium-term outlook, with the RVN / USD pair testing major technical resistance on the daily time frame.
The daily time frame is showing that multiple bullish inverted head and shoulders patterns have formed, with RVN / USD bulls once again attempting to move price above breakout resistance.
Technical indicators on the daily frame are mixed and are failing to generate a clear trading signal.
RVN / USD Daily Chart by TradingView
Pattern Watch
Traders should note that RaveCoin could nearly double in value if bulls can fully ignite the large bullish pattern on the daily time frame.
Relative Strength Index
The RSI indicator is trading close to neutral levels and is currently flatlined on the daily time frame.
MACD Indicator
The MACD indicator is conflicted on the daily time frame and is failing to generate a clear trading signal.
Conclusion
RavenCoin shows tremendous short and medium-term upside potential, with the bullish patterns on both time frames underscoring that the cryptocurrency could eventually rally way beyond its current all-time record price high.
RVNBTCRVN touched the long-term tedious line and closed yesterday with a high trigger candle (Hammer). Since the 13th, it has fallen by approximately 20%, which is due to the high BTC. Expect that with a stabilization of BTC the currency could rise giving good profits in the medium term. In more remote probability she can fetch her last fund at 0.0000555 before starting a raise.
RVN / BTC - Hanging by a threadRVN/BTC is sitting on a critical support from which it always bounced in the past. Lets pray, RVN will be able to hold this support as it did in the past.
RVN/BTCbuy 820 : 840
price now 838
Target 1 880
Target 2 979
Target 3 1070
Target 4 1175
stop close under 780 4h
rvn/btcbuy
0.00000718...00000680
target 1 - 0.00000900
target 2- 0.00001140
target 3- 0.00001600
target 4 -0.00002050
stop loss ..- close under 660
$RVN Seems to not be able to hodl support at ~820sats... $RVN Seems to not be able to hodl support at ~820sats...
UCTS Sell signal printed on the daily chart as it breaks down
MACD bearish crossing
Volume is not that strong either..
next support should be around ~620sats...
#RVN
RVN RAVENCOIN BTC (20%-37%) GAINSENTRY 760-790
TARGETS
947 (20%)
1075 (37%)
THIS IS NOT FINANCIAL ADVICE
RVN - Pure TAReally good opportunity but be careful if we didn't see a confirmed break above 890 we should not even think about buying it.
Buy after breaking 890
Targets
1100
1350
1650
Stop loss 890
Time analysis: 2 Jul - 10 Jul - 16 Sep
$RVN Has No Chill... Make Another Move After +500% CorrectionRavencoin is a free and open source project & fairly mined (POW) blockchain. Users can issue and control utility, game & securities digital assets/ tokens. Ravencoin is a peer-to-peer blockchain, handling the efficient creation and transfer of assets from one party to another. Ravencoin is a protocol based on a fork of the Bitcoin code which adds features specifically focused on allowing tokens to be issued on the Ravencoin blockchain. These tokens can have whatever properties the issue of the token decides - so they can be limited in quantity, named and be issued as securities or as collectibles.
You can make your own security token within minutes and have it trade worldwide.
This one has 21,000,000,000 Total Supply and only 3,683,495,000 on circulating. $266,334,969 market cap at the current moment. This project just a new born and good for the hype-rider.
Good chart btw.
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