Ravencoin / USD Short-term price analysis Ravencoin has a bearish short-term bias, with the cryptocurrency trading below its 200-period moving average on the four-hour time frame. The four-hour time frame shows that a valid inverted head and shoulders pattern has formed, with the RVN / USD pair now dangerously close to invalidating the bullish...
$RVN #RVN (Update) Making Falling Wedge pattern In Daily Timeframe.. Volume Is Increasing.. All Indicators Are Turning Bullish.. 100-150% Profit Expected in Midterm. Buy Some Around 480-520 Sats Sell Targets 658-855-995-1193 Sats Stop Loss Below 440 Sats What Is Raven Coin...??? It's a new open-source project intended to see if a use case specific...
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 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....
Altcoins 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.
WHERE WE GOIN THUNDER?
$RVN If $BTC pumps: green box below If $BTC dumps: range EQ (0.5)
BTC 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 with RSI quickly coming out from oversold levels... Let see if we have continuation and volume from here... #RVN
Fundamental 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...
RSI & MACD turning Up, Channel could play out well
RVN 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 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.
buy 820 : 840 price now 838 Target 1 880 Target 2 979 Target 3 1070 Target 4 1175 stop close under 780 4h
Looking at $RVN, watching this bad boy to see how it reacts at price level