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Ravencoin

RVN/USD - Halving Event in 6 Days. PUMP ongoing.Raven has its halving event in 6 days or 11 January. Price has been pumping for 3 weeks now after that scam breakdown below the blue triangle. Now price appears keen to break out above this formation, but there is one challenge - the $0.13 resistance level. On this weekly timeframe, the indicators are bullish, volume, RSI, MACD and OBV are all looking well positioned for some nice gains to come. But watch the resistance. Once broken, then RVN can pump more. On daily timeframe, we are approaching oversold conditions, but it's too early, I don't expect any significant drop until the halving. Good to keep your eyes on this coin in the near term as volatility is picking up. Bias is bullish right now. Like and follow if you liked my idea!
Long
by DU09
6
🔥 RVN Massive 1-Year Bull-Flag PatternSince the huge run-up of RVN in the first few weeks of 2021, RVN has seen strong consolidation. This period of consolidation has formed a huge bull-flag pattern on the chart. With RVN reversing from the bottom of the pattern recently, there's a high probability that the price will move towards the top resistance of the pattern. Since bull-flags are classically bullish patterns, I'll be looking for bullish break outs to occur. Targets placed at recent highs. Be aware that the price might bounce of the resistance and move back towards the support. Happy trading!
Long
by FieryTrading
13
RVN/USD: A (Realistic) Bullish Analysis From a Macro ScaleI 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 Block 2,100,000. Although miners can expect to see their profit revenue be cut in half immediately following the halving (which may initially scare miners), I do believe such is crucial for RVN in the long term. The halving acts as a means of deflating a currency, and in the case of RVN, doing so will allow for the value of each coin to increase. As supply decreases, demand increases: a simple rule of economics. Some pattern movements I've made on the RVN/USD chart also highlight that we are currently in the midst of an overall bullish uptrend. This trend is not the first though; however, it is unique in the sense that we can see overall lengthening trends in the market due to an increase in RVN's market capitalization. This means that moving RVN's overall price will become more difficult with time. This is why other ideas on this platform, claiming for a 10x, or even 100x, are far from likely. However, I do believe RVN has plenty of fuel left in it to make major strides. For starters, RVN will likely test the 20-25¢ range before finally breaking above it. Considering the macro symmetrical ascending triangle forming on the weekly chart since June of this year, as well as prior rejections off this range, I do believe we can hold right above this range. Furthermore, prior bullish movements indicate the same pattern: bearish, rapid bullish, then a consolidation right above, or in, the range it previously had rejections off of. After this consolidation, another pump may lead to a blow-off top, which causes bleeding of the price from thereon. Indicators such as the Relative Strength Index (RSI), which has proven to be reliable in the last few decades, show we are currently at levels where bounces often happen. With these bounces are upwards movements in price. Furthermore, being able to hold the twenty and twenty-one-week moving averages would make me only more bullish on RVN/USD's price in the short term. While there are a plethora of other factors, albeit minor, that contribute to my overall bullish attitude of RVN, I do believe these three primary reasons can act as a foundation for the reason I feel how I do currently. The largest threat against RVN is currently Bitcoin (BTC). However, statistical data has shown that Bitcoin performs strongly in Q4 and Q1, so it can be assumed that Bitcoin will continue on its own bullish uptrend, which, in turn, carries altcoins like RVN along with BTC. --- TL;DR: I am currently bullish on RVN's price possibility, and am investing in the project with the belief that it can achieve an impressive 35-40¢ price range. RSI, historical trends, technological developments, as well as many other factors, further emphasize the possibility of such prices and reinforce my beliefs about the project this market cycle.
BINANCE:RVNUSDLong
by OllieOwl
#Raven Coin - Another Cup 'n Handle pattern,Prepping for .21205 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 / NO ICO in this project *PURE DECENTRALIZED PROJECT (Can't go wrong by vesting in RVN)
Long
by btgraph
🦅RVN- 200MA/key level/dynamic supportThe price is consolidating and is being supported by key level, 200EMA, dynamic support and node of high volume. Doesn't seem to care about BTC dump. Although it's better to stay away and do nothing right now unless you're scalping, this might be an opportunity for a quick trade, but because of current market conditions even if the price breaks out we can expect high sell pressure right away (look at the wicks on ALGO, WAVES or AUDIO from today) Entry: buy at current price Targets: local levels(red) and: 0.15034 0.16901 0.20418 0.24891 0.28932 ------------------- About RVN: Ravencoin is a digital peer-to-peer (P2P) network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code, Ravencoin was announced on Oct. 31, 2017 and released binaries for mining on Jan. 3, 2018 with what is called a fair launch: no premine, ICO or masternodes. It was named in reference to a TV show Game of Thrones. Source: coinmarketcap
Long
by V0VOLAN
🔥 RVN Pennant Break Out: Volatility IncomingA few days ago I made an analysis on RVN and its 10-month pennant pattern. As of yesterday, the price has broken out of the pennant and is likely to resume the trend. Classically, consolidation pattern break outs come with a decent amount of volatility once they break out. Since this is a 10-month pattern, I'm expecting a nice move in the coming days. A less risky trade would be to wait for the price to come above yesterday's high, around $0.15, before stepping in. Happy trading!
Long
by FieryTrading
18
$RVN/USDT 2D (Binance Futures) Big bull pennant on supportRavencoin revisited 50MA support and so far strong bullish reaction, let's step in. More information about that PoW (Proof Of Work) coin / P2P (Peer To Peer) network on ravencoin.org Current Price= 0.10890 Buy Entry = 0.10872 - 0.10132 Take Profit= 0.13573 | 0.16358 | 0.19291 Stop Loss= 0.08743 Risk/Reward= 1:1.75 | 1:3.33 | 1:5 Expected Profit= +29.24% | +55.76% | +83.69% Possible Loss= -16.75% Fib. Retracement= 0.618 | 0.883 | 1.117 Margin Leverage= 1x Estimated Gain-time= 3 months
Long
by TradingOn
Raven Coin Halving and the greatest LONG of your life!Ravencoin first came into public just over this time last year. I remember I had just got into trading crypto a few months early and people were stocked talking about RVN The fact that it was a bitcoin fork with no premine was a big deal... here was another chance to buy bitcoin early by buying RVN, and it was completely open to the public from day one, no developers keep huge chunks of the supply. Also RVN was ASIC resistant, which means the gpu cpu miners, common folk like us, wou8ld always be the ones mining, not the big boys taking over. So now it's almost 4 years from our first Halving event! Where block rewards will be cut in half. So the first major deflationary move takes place. When this happened in 2013 Bitcoin went nutty, and every halving since. ALSO! ETH is switching to POS here in the next couple months. Which means a lot of miners are switching over to RVN. A big ETH upgrade in August caused the first migration and there's expected to be a lot more in the next couple months as we approach ETH2 Also this coin isn't even on Coinbase yet!!! And they will for sure be adding it soon. Coinbase is out to make as much profit as possible, so they love timing releases of certain coins with in conjunction of a rally. They know RVN's halving will trigger a big rally and they will want in on that trading volume, and it's perfect for them to do a end of year release right in time for the halving. Lastly, we have this gorgeous flag that we are coming to the point of and breakout is looking to happen any day now. All the fundamental and technical analysis for this coin looks fantastic and I believe you should get in now. But maybe save some of your investment to add if we get one last dip down to the bottom of this flag. One more BTC pull back might cause a quick dip to 0.11 cent area. My targets? It's marker cap is currently at 1.2B sitting at 90th place. If it shoots up into the 20th place we will see it over a Dollar. A 10X seems doable 1) Previous ATH: 0.27/0.28 2) Fiftyy Cents~!3 3) and 1 dollar. Which I honestly think it's going to hit. But sell some on the way uupto secure those profits. a
by lillybear
6