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✴️ Ravencoin Long-Term (385% to 666% Potential)
Ravencoin / TetherUS
Long
✴️ Ravencoin Long-Term (385% to 666% Potential)
By AlanSantana
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Jan 20, 2023
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Jan 20, 2023
Ravencoin (RVNUSDT) peaked in February 2021, almost two years ago.
We know that crypto goes through a 4 years cycle.
2 years bearish, 2 years bullish.
While it hasn't been 2 full years since the ATH, the bottom tends to be reached before the bear cycle is over.
After the bottom is hit it takes a while for prices to recover, break the downtrend and establish an uptrend.
RVNUSDT went through a 94.14% correction (-94%.14 from its All-Time High), this is within our numbers.
With the bearish cycle out of the way a new bullish cycle can develop.
Last week RVNUSDT closed above EMA10 and this week EMA21 is being challenged.
The last three candles are green, volume is starting to increase and the RSI is trending upwards.
All these signals precede a bullish wave... This pair is going up!
Namaste.
altcoins
binance
Chart Patterns
crypto
Cryptocurrency
Technical Indicators
ravencoin
rvn
RVNUSDT
Trend Analysis
AlanSantana
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