RavenCoin (RVNBTC) Does 328% (Gold Old Days) in 12 Days!The gold old days are here... RavenCoin (RVNBTC) has increased by 328% in price in only 12 days.
I had this coin in my list for the longest time ever, received some good information about it and wanted to share with you but didn't get to do it, here is the info I received from a friend:
Greetings Alan:
You know it was right when I sent you the note a few days ago on Ravencoin (RVN) well the coin is up 30% today and volume is up 7 x and counting.
Today is was announced that RVN it is to be listed on Binance.
Furthermore, the coin will release its 'Asset Layer' on the 31st Oct. Super smart timing by Binance to list now.
In summary:
- Anyone can make a asset token with 500 RVN in the wallet. This is massive. Plus the token can receive dividends, messaging and voting rights from the issuer. AND it follows the BTC standard. Fair distribution, NO ICO and completed decentralized network and code. Its up there with BTC LTC & XMR in quality.
- Top notch coin.I hope you will find time to bring some alanmasters magic to this coin by doing some T/A and letting more people see what IMHO is something that has the ability to be a long term HODL and enjoy solid gains.
- May the universe reward you much more than you ever dreamed.
Namaste.
If you enjoyed this post, please like, share, comment and follow.
Your support is appreciated.
Namaste.
Ravencoin
RVN/BTC Raven learning how to flyWe're currently pushing into resistance(previous support), so an immediate long wouldn't be a good idea BUT if we manage to break through we can play the retrace into that block (green scenario).
If we bounce down right now and make a higher low (yellow scenario), it would also increase the chances of breaking through that resistance.
Upon successful retrace we should be targeting those red highs I've outlined. But one step at a time, first we need to break this resistance.
If we break below the last low we'll have to see how the situation unfolds then.
Original idea by Svarog
$RVN Still Conforming to Triple Combo Elliot Wave PatternDespite all of the FUD chatter saying that $RVN would suffer a massive sell off upon the release of the tokenized asset feature of MainNet this coin is being incredibly resilient. I believe it is still conforming to the TRiple Combo Elliot Wave Pattern. I have made some minor adjustments to my original chart in order to state my case. I would really appreciate your feedback!
RVN/BTC - 15m - Great Entry For Quick ProfitMainNet release on 31th October - there is still much room to grow according to the bigger time frames. Today, we're focusing on making at least 10% in 24 hours.
Information about Ravencoin (RVN):
Coinmarketcap: coinmarketcap.com
Top Volume Exchange: www.binance.com
Social Media Statistics: www.coingecko.com
Return Of Investment past 7 days: +186%
Return Of Investment past 30 days: +255%
Return Of Investment past 60 days: +207%
How i trade Ravencoin (RVN):
Buy: 0.00000775
Sell: 0.00001090
Stop Loss: 0.00000690
Leave a thumbs up if you like my idea and let me know what think!
This will keep me motivated :-)
Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only.
Ravencoin to the moon - bullish pennanthuge bullish pennant, yuuuuuuuge
long ravencoin
watch out for a "sell the news" dip when main net goes live ~Oct 31st
but could just as easily moonshot out of the pennant
no ICO, no premine, no bs marketing, good humble bird coin
trade this kind of stuff instead of bankster scams like XRP ;)
RVN is likely to retest 1045 in 3-5 daysI think RVN will either retrace down and bounce off trend support, or go sideways more or less, before shooting up to test 1045 between October 28th and 30th. If market breaks out and confirms new support with it's first and second (if there's a second) retrace, then it's time to buy for the next cycle.
Ravencoin RVN - Is it about to pop?It's possible that due to the incoming asset layer launch on 31 October 2018 we could see another move higher with RVN, especially if it ends up following a 3 ascending trendline pattern.
This could put it somewhere in the vicinity of 1300-1500 sats, possibly in as little as a week from posting this.
Disclaimer: not financial advice
RavenCoin massive gains over Bitcoin… time to take profit?Following the Binance announcement made on the 11th of October (twitter.com), that RavenCoin will be added to their listings on the October 12, RVN/BTC uptrend has begun. Price surged from 220 up to the recently established all-time high, reaching 824 satoshi.
In 10 days Ravencoin has outperformed the Bitcoin by 333%, which is an amazing growth in a very short period of time. There is no question, that after such rally many investors would start to think about fixing their profits, thus selling RVN.
Technically speaking, price has reached the resistance at 427.2% Fibonacci retracement level that is 885 satoshis. At first, under the massive trade volume, RNV/BTC broke above the Fibonacci resistance, although failed to close above. Today price has bounced off the resistance, which might trigger a selloff, not to mention the RSI oscillator downtrend trend line breakout.
Although, for a strong correction to start, Ravencoin must break below the 773 satoshis support, only then further decline could be expected. In such scenario, price is likely to test either 660 or 550 sats support level, and potentially go even lower.
On the upside, daily break and close above the 885 satoshis resistance might be the confirmation of further uptrend. This could be another 115% growth opportunity, as final upside target is seen at 1127.2% Fibs, that is 1670 satoshis level. Based on the percentage growth, upcoming wave up is expected to be very similar to the previous one, which was 117%.
Support:
773
661
549
Resistance:
885
997
1109
1221
1333
1445
1557
1669
rvn bull run and back to 1k support after 31st Octcurrent price based on last ath break in april and some fractals gave me a top of 1050 ish and a pull back of 800 ish on the way to 1800 sats.. it could overshoot into 2ks and then follow an abc retest while adoption takes place for assets.. if the current retrace plays out then this price should form a strong resistance after ABC at 1k ish
Raven Still FlyingRaven mainnet launches October 31st so there is a lot of excitement in the market. I expect the upward trend to continue with a short term fall back to the trend line. I suspect an ATH may be in the short term with a large retracement shortly after the mainnet launch. Keep some things in mind before taking action: 1) tokens regularly went 10x last December and January. 2) Those same tokens fell to 0.2x in the summer...tough choices to maximize profit. There is nothing wrong with taking profit at 2x or 3x.