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Rvn

🔥 RVN Correction InboundRVN has been one of the biggest winners of the last month, seeing crazy returns almost daily. Since it hit the ATH around 0.29, RVN has been declining however. RVN is severly overbought, no denying that. Combined with the bearish correction that Bitcoin is currently facing, RVN is well on its way to fall even further. On the chart I’ve marked two potential areas of support, S1 and S2. These areas are based on recent swing lows. Do your own due diligence. Happy trading!
Short
by FieryTrading
14
Ravencoin (RVN) Breaking Downtrend After New LowRVNBTC (Ravencoin) has been going down forever, literally. A new all-time low was hit 2-Jan. and finally, we are seeing some positive signals. The RSI was completely oversold and is now coming up strong. Prices are moving above EMA10. Green/Bull volume is finally starting to show up. The MACD is also starting to turn. These are early signals as the daily candle is yet to close, but a close above 0.00000046 (EMA10) will signal strength for Ravencoin. I've mapped some targets for you directly on the chart. This is a low-risk setup with our strategy. It also has huge bullish potential. Thanks for reading. Namaste.
Long
by AlanSantana
13
Ravencoin (RVN)HI RAVEN TIME... OH YES Ravencoin is a blockchain specifically dedicated to the creation and peer-to-peer transfer of assets. Just as Monero is solely focused on privacy, Ravencoin specializes in asset transfer – nothing more, nothing less. Although you can exchange assets over other blockchains, like Bitcoin and Ethereum, that’s not their intended purpose. And the lack of specialization leads to problems that are specific to transferring assets. Ravencoin enables you to create and trade any real-world (e.g., gold bars, land deeds) or digital (e.g., gaming items, software licenses) assets on a network with only that in mind. Ravencoin doesn’t have an established team. It’s an open-source project led by the core developers: RavoncoinDev, Tron, and Chatturga (discord usernames). Bruce Fenton, Board Member of The Bitcoin Foundation, advises the team. The core developers launched Ravencoin on January 3rd, 2018 and Fenton kicked off the launch with a Tweet announcing the start of mining. The project gained some notoriety when Overstock CEO Patrick Byrne announced that his company had made a multi-million dollar investment into the team. Since then, the team has been building out the core functionality of asset support and rewards capabilities.. TG 0.12--0.15--2 BYE
by amirsediq
3
💡 Don't miss the great buy opportunity in RVN/USDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0820). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . RVN/USD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 70. Take Profits: TP1= @ 0.0945 TP2= @ 0.1010 TP3= @ 0.1085 TP4= @ 0.1190 TP5= @ 0.1320 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BINANCE:RVNUSDLong
by ForecastCity_World
28
💡 Don't miss the great buy opportunity in RVN/USDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0820). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . RVN/USD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 70. Take Profits: TP1= @ 0.0945 TP2= @ 0.1010 TP3= @ 0.1085 TP4= @ 0.1190 TP5= @ 0.1320 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BINANCE:RVNUSDLong
by ForecastCity
4
The GME Fiasco Demonstrates the Need for RavencoinYou are probably aware of the unprecedented events surrounding Gamestop stock, retail investors, a potential short squeeze, and market manipulation by institutions. Thousands of retail investors like myself lost out on what could have been hundreds of thousands of dollars in gains on GME stock due to illegal abuses of the influence that brokerages and hedge funds have. The legislation is already in place to prevent the naked shorting that led to GME being shorted 140% of float, but it still happened. The legislation is in place to prevent the unbalanced and severe effects that Robin Hood had on GME stock by blocking buy orders for GME and not blocking sells. But it still happened. The potential for the short squeeze was a mathematical inevitability, and even now the brokerages admit that the price could have climbed into the thousands, had not the price been tanked by the halt of buy orders. But it hasn't happened, and may never happen now. We may see some punishment doled out for this, but we'll never see the money we should have made, which for most retail investors would have been life-changing. The issue therefore is not with the laws, but with the limitations with law itself. Rules against this kind of inequitable market influence and mechanical control over trading are not sufficient to prevent it. The only thing that can truly prevent it is that the conditions for this inequity don't exist in the first place. That is what decentralized finance provides. The cryptocurrency Ravencoin (RVN) is commonly referred to as being to assets (like stock, gold, art, etc.) what Bitcoin is to money. Ravencoin is built such that asset tokens can be created to represent real assets, either in the generic sense (i.e. many identical gold bars) or in the specific sense (i.e. particular works of art within the larger asset of "art"). Such a system can be used to distribute, buy and sell stocks. It could be also be used to distribute dividends, and even potentially handle the options market. Were such a decentralized system in place, no institution or individual would have the power to shut down the activities of other traders or manipulate stock in the way that Robinhood and other brokerages have in the GME fiasco. Regardless of the laws in place, this wouldn't have happened had the stock been represented by Ravencoin assets rather than paper certificates. As the continued democratization of finance grows and more average people enter the markets, the protections that cryptocurrencies and decentralized financial systems offer will be more and more crucial in pushing that forward. I have invested in Ravencoin not only because of the potential profit from that growing movement but also because I like technology and believe in the principles it can be used to uphold, of fairness and liberty. If you got into crypto now you would still be early! Disclosure: This is opinion, not advice. I have positions in both Gamestop and Ravencoin.
BINANCE:RVNUSDLong
by NoWorkOnlyTrade