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Ravencoinusd

Ravencoin (RVN) forming bullish Gartley for upto 15% pumpHey dear friends, hope you are well, and welcome to the new update on Ravencoin (RVN) with US Dollar pair. Previously RVN broke down the potential reversal zone for a while, but recovered soon and pumped more than 24%. Now on a 2-hr time frame, RVN is about to complete a bullish Gartley move. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
2
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
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
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
RavenCoin - RVNUSDT - Phoenix rising from the ashes? BullishRavenCoin is a community driven and a truly opensource project with no pre-mine, ICO etc., built on a fork of Bitcoin code. The project aims to create a blockchain optimized specifically for the transfer of assets such as tokens from one holder to another. Ravencoin was one of sensational coins that made the moonshot (RVNBTC) in the early 2019 with an incredible move of over 500% in just a month. RVNBTC has been in steady decline since and has hit its all time low in the last week. RVNUSDT has also been on a decline for a few weeks and the harmonic patterns shown on the Daily Chart suggests a strong move up unless invalidated by a low below the Stop Loss line at 0 Fib level, which will offer strong support. A new high above 0.01487 USDT will definitely confirm a Daily impulse move to test the High Resistance Area of around 0.02 USDT. Price pushing above this zone will validate the Bearish BAT pattern with Exhaustion/Reversal likely at 1.272-1.618 Fib levels. Also, the current Daily CCI (Commodity Channel Index) is above +100 and this move is the first time the Daily CCI crossed +100 since August 2020. Entry - Under 0.01300 Stop - Based on Personal Risk Strategy/Risk:Reward expectation Targets - Fib Levels shown on chart (based on Trade Frequency/hold period) Do Your Own Research on Tokenomics and Project fundamentals to get a good idea about the project and its future potential.
Long
by TradeChartist
3
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
RVN making a move - Could be a lucrative long hereRVN has been on a downtrend for over 2 weeks and has broken the resistance on 2hr and LTF. The trend change means this long could be quite lucrative as RVN held the support despite the RavenCoin attack news recently as the Developers have been quick in acknowledging the vulnerability and reacting quickly to the event. Ravencoin has a strong community and despite the recent news, the Technicals and the trend looks in favor of Bulls. The 2 hr chart shows Trade Entries with Targets achieved so far and ones that have not been hit (Chart uses Plug and Trade to generate entries based on TrendRider - both Premium scripts). If this trend continues, the next targets open up bigger ranges for longs and hence the reward is pretty high here compared to the risk. Recommended Stop Loss - 0.017-0.019 - based on personal risk strategy and timeframe traded As with any trade, Do Your On Research as crypto currency trading has its risks as the market is quite volatile and is dependent on BTC moves.
Long
by TradeChartist
1