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Ravencoinbtc

Ravencoin Price prediction Hello friends, This is a long term idea for Ravencoin. Not based on technical analysis. Ravencoin is widely considered as Bitcoin 3.0. It is a fork of bitcoin with a lot more utility. Similar to bitcoin, Ravencoin also has a halving. A halving is when the mining block rewards gets cut in half. Initially Ravencoin was being mined at 5000 rvn every min. But since its very first halving this last January the reward got cut in half and is now 2500 per minute. This coin will halve every 4 years similar to bitcoin becoming a deflationary coin. Also the creator Bruce Fenton is currently running for US Senator. I can see this coin going to at least $1 by the end of this year. Also Ethereum's merge in two weeks will bring new miners to the network raising the demand. $10 in 5 years
Long
by PanchoMonedas
4
Ravencoin (RVN) squeezing inside the bullish pennantRavencoin, similarly to Bitcoin, is halving block reward every 2,100,000 blocks. Because one block is generated approximately every 1 minute, the halving happens approximately every 4 years. Ravencoin halvings will continue to happen every 2,100,000 blocks until the reward can no longer be halved. Earlier the reward for mining a block was 5000 RVN but after the January 2022 halving it got reduced to 2500 Rvn which means less dumping from the miners. As we have seen previously in BTC which increased significantly in value after halving, same might happen in ravencoin as it is a fork of bitcoin. RVN is increasingly used to mint NFT's which means more demand for RVN to issue assets on its blockchain. Rvn price and Macd are squeezing in this massive triangle which it about to come to an end and it might go up sooner or later. Keep this GEM in your watchlists.
Long
by NayibSayilor
1
#RVNBTC 74%+ Potential Rally on Breakout!Welcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. RVN is on the verge of a breakout. The breakout here could lead us to almost 74% pump to the previous Highs. My plan is to accumulate on Spot. Either you can buy the breakout or accumulate slowly in every dip. Accumulate: First Entry: 272 sats to 295 sats. (To avoid missing out on this trade) Second Entry: 235 sats to 260 sats Targets: 339 360 388 426 458 488 Stop Loss:- 217 What's your thought on this? Do hit the like button if you like this setup and share your requests, ideas, and views in the comment section. Thank you
Long
by Cryptorphic
1
Ravencoin/BTC Market Analysis on Support/Resistance Levels.This is my first time making an analysis this way after watching a lot of videos about technical analysis. My idea elaborates my view on the support and resistance levels and possible entry levels for trading with the helpful use of the ATR indicator we can see that the market on the Daily timeframe is on a Downtrend braking multiple Lower-Lows with a slightly visible Double-Top at the Higher-High Level. with this, we can say that the market is gonna continue on a Downtrend which creates possibilities for entries on the Short side.
Short
by Manef
Ravencoin has been doing a nice consolidation Ravencoin has now reached the end of the consolidation. Due to the market structure and the increase in the hashrate of the Ravencoin network, I suspect an upward breakout. Of course, it would not be surprising since it breaks down after such a strong rise, but the market structure is very bullish. Ravencoin is also just a very great project and the high hashrate makes the system more and more secure. When ethereum eip1559 comes, a lot of miners will switch to ravencoin again. All in all, you can say the Ravencoin a great young project in which you can certainly invest with success. The first halfing of Ravencoin will take place in January 2022. after this, a very strong price development can be assumed again. I would say it's a great project and if it goes on like this I will gradually invest more. Thank you for reading my review of ravencoin and have a nice day -David
BITTREX:RVNUSDLong
by David_0817
1
Bear Flag on RVN.Hello, traders. RVN is forming a Bearish Accumulation pattern called as a Bear flag. A bear flag pattern is constructed by a descending trend or bearish trend, followed by a pause in the trend line or consolidation zone. The strong down move is also called the flagpole while the consolidation is also known as the flag. The bear flag pattern comes after a strong move downwards. The stronger the move, the bigger the profit potential is. After we identify the market trend and the characteristics of a good bearish flag pattern we need to wait for confirmation that the trend is about to resume. There are two basic approaches to enter the market with the bear flag pattern. Aggressive traders will enter at the top of the bearish flag as this will secure a little bit of bigger profits. Best regards. Sando and Gustavo.
Short
by MarketMinds
1
Ravencoin, Crypto darling on strong UPTRENDFA: The mineable, open source coin which was not pre-mined; if you are looking for a stable and safe investment, this is probably one of your best bets. TA: Strong Upward trend. Volume profile is centered at current price level, therefore, big price retracements are unlikely. ATH is 100% away, with RVN's development; we can expect it to go higher. Please manage your risk accordingly, this is not investment advice. -Megalodon (Rahim) Please share your comments below and you are welcome to post your own charts :) BINANCE:RVNBTC BINANCE:RVNUSDT BITTREX:RVNUSD
Long
by BoSukas
1