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Ravencoin Goes Bull Run Mode (530%+) & Can Go HigherWhen I look for targets for most of my trades, I focus on the last peak or all-time high, so the earnings potential are almost always capped at the last ATH. Ravencoin (RVNBTC) broke its all-time high and can go even higher on a fifth wave. I keep mentioning that just as new lows can be created (just like it happened throughout the recent bear market), new highs can also be created, and this is the latest example that confirms this. RVNBTC broke its all-time high from October 2018 and has gained over 530% in value. This is a very interesting and telling development that gives us a clue about what can happen to other altcoins in the near future. This entire market is connected/linked, so seeing this type of bullish action reminds us that similar growth can happen to other altcoins as well. I believe that the bullishness we are seeing is just the beginning of something much, much bigger, which will take the entire year to develop (2019) and beyond (2020+). This same type of action happened back in 2017 before the cryptocurrency market bull run and the one before that. First, you would see an altcoin double, triple and even quadruple in size. When you thought that it was over because of too much growth, it would repeat the same process again and finally, again which is the end of 2017 and beginning of 2018 where most of the cryptocurrency market peaked. Most altcoins ended up doing 30-50x growth . After seeing this, I immediately moved my focus from Bitcoin (BTC) to Altcoins (smaller market cap.) because of their huge growth potential. Yes, Bitcoin is awesome, but if you are trading/buying to make money, then the altcoins are better. You can earn way more by trading these, and even more when you sell for fiat as Bitcoin will also increase in price. So you end up with a cumulative effect. So get ready for the ride of your life... but remember, this is not a piece of trade advice. Now... Feel free to hit like. Namaste. P.S. The wave count on the chart above is meant for illustration purposes only and does not reflect my view of Ravencoin (RVNBTC) future price. I focus on bottomed out, low risk, altcoins. My main strategy is to buy low, sell high and overall, keeping it simple. My trade ideas are intended for all public and especially beginners. Only my BitMEX trades are for advanced traders only. Thanks a lot for reading. Previous Ravencoin (RVNBTC) trade:
by AlanSantana
10
Ravencoin on a rally to 2000+ sats!!! RVNBTCHello Everyone! Raven coi has been making big moves in the last few weeks ultimately being as low as 260 sats around the beginning of February. This coin is unstoppable and i am extremely BULLISH on RVN. On the chart above i posted a few targets for RVN, 1 target around 2000 sats as 2000 sats is a psychological level when it comes to trading and 2nd target i have placed is 2500 sats. I can easily see both targets being reached within the next 7-14 days as the momentum that RVN has is extremly strong and continues to push higher. LONG TERM target for RVN is 5000 sats by the middle of May 2019. LiquidMEX
Long
by SolStackz
#Ravencoin $RVN E2E move on way to horizontal support ~1180 satLikely support 1210 to 1150 Sat. The cycles are accelerating as the pattern becomes more obvious to ever-larger numbers of crypto traders. This will continue until it breaks down due to a FOMO driven event which drives the valuation sky high followed by a crash. This has not happened yet. The movements in price are still relatively orderly despite a very high appreciation rate. From a fundamental perspective, things look great. New assets are being registered daily in the namespace and as the valuation grows so does the security of the network. This is due to the profitability of mining driving ever higher hash rates, now surpassing Etherium Classic (ETC). Ravencoin is quickly graduating beyond the level where 51% attacks are feasible partly due to the X16R algorithm keeping ASICs at bay and making it possible for any GPU on any gaming PC to mine profitably. The biggest issue currently observable is that 31% of the hashing power resides with one pool, this will likely not be a problem especially if the valuation continues to grow. At the moment I expect the market cap to reach somewhere in the neighborhood of $500MM in the next few months. In the long term (a decade or so), I expect that the market cap could go as high as $36B if it is adopted for use in listing shares of publicly traded companies and REITs, another real estate shares. One $RVN would be worth $2 in today's US dollars at that point. In the near future (within this year) I expect the valuation of 1 RVN to reach above and then stabilize around $0.13 to $0.15.
Long
by blloyd
6
#Ravencoin $RVN likely support 1210 to 1150 Sat by TuesdayThe cycles are accelerating as the pattern becomes more obvious to ever-larger numbers of crypto traders. This will continue until it breaks down due to a FOMO driven event which drives the valuation sky high followed by a crash. This has not happened yet. The movements in price are still relatively orderly despite a very high appreciation rate. From a fundamental perspective, things look great. New assets are being registered daily in the namespace and as the valuation grows so does the security of the network. This is due to the profitability of mining driving ever higher hash rates, now surpassing Etherium Classic (ETC). Ravencoin is quickly graduating beyond the level where 51% attacks are feasible partly due to the X16R algorithm keeping ASICs at bay and making it possible for any GPU on any gaming PC to mine profitably. The biggest issue currently observable is that 31% of the hashing power resides with one pool, this will likely not be a problem especially if the valuation continues to grow. At the moment I expect the market cap to reach somewhere in the neighborhood of $500MM in the next few months. In the long term (a decade or so), I expect that the market cap could go as high as $36B if it is adopted for use in listing shares of publicly traded companies and REITs, another real estate shares. One $RVN would be worth $2 in today's US dollars at that point. In the near future (within this year) I expect the valuation of 1 RVN to reach above and then stabilize around $0.13 to $0.15.
Long
by blloyd
A trading opportunity to buy in RVNUSDTechnical analysis: . PEERCOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 51. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00016500 to 0.00013250). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00016500) Ending of entry zone (0.00013250) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.02946 TP2= @ 0.03560 TP3= @ 0.04076 TP4= @ 0.05000 TP5= @ 0.06267 TP6= Free
BITTREX:RVNUSDLong
by ForecastCity
5
$LTC Runway Being Cleared for $65+The trend continues as the bears fight to maintain dominance over the stock, however it is more than clear now that $3,100 was the bottom for Bitcoin and that the trend towards the Halving date has started. In anticipation I predict alot of movement from all Coins, however, I will not be playing the ups and downs instead this year I plan on actually Hodling and seeing if I do make more this way or if I would have made more from trading the coins. My analysis stems from the fact I could have made $250,000 last year had I held $LTC and sold at the top, however, instead I only made a measly $25K trading crypto. I stark difference. After this experiment I will combine the two tactics for the next period which should start in 2022 The top on this leg will be hard to predict as I expect substantially more FOMO this time around since nearly 30%+ of the world had heard about Crypto and knew what it was and its different aspects in 2017-2018 and 1% or less actually traded it. Now I predict 2-3% of the world to finally jump in doubling or tripling the money flow this and next year. I also anticipate about 60%-70% of the world to finally know and research it. My personal target will be $1000 LTC but I do predict it to keep going to around $1500 based on the money flow that should be coming, I also anticipate BTC to reach around $40,000 I will continue to update as the weeks and months go by.
COINBASE:LTCUSDLong
by StockGuild
1
Expect #Ravencoin $RVN to find support between 1045 and 985 satThe RSI and volume indicate that there should be a little bit of a consolidation period ahead. The fundamentals surrounding Ravencoin are some of the most bullish in crypto. Take a look at the number of organizations developing securities on the platform here: www.reddit.com The recent move is likely a result of Ravencoin's close association with tZERO and the MOU for up to $100MM by Makara and GSR . Both are highly successful VC companies in Tech, now entering the FinTech space. The next target following a demonstration of support between at the 50% retrace and cloud support of 610 Sats can take the price all the way to 1430 Sats . Positive news from the Overstock.com OSTK conference call regarding tZERO and other Medici Ventures and their utilization of the Ravencoin (RVN) protocol to create securities may be moving the price at the moment: Excerpt from Overstock.com , Inc. ( OSTK ) CEO Patrick Byrne on Q4 2018 Results - Earnings Call Transcript seekingalpha.com "Patrick, I want you talk to the next slide on Ravencoin. Patrick Byrne Thank you. Ravencoin is an open-source project towards which Medici Ventures has been especially supportive by contributing labor and mining. The mining of this coin has spread faster than any coin in history. It's 14 months old, the community is very active. We've been supportive of this open-source movement. And although we only own a single-digit percentage of the coins, -- of Ravencoin, it's not just the value of the coins that we find attractive, it is the elegance and robustness of the Raven protocol for digital assets going forward. Next, Raven has a role to play in a number of these Medici companies. It's been designed and developed as the perfect protocol for digital assets, has significant advantages over both Bitcoin and Ethereum . I think, you'll be hearing very significant news about Ravencoin shortly, perhaps as early as this week. It plays a role in the number of the companies in which we're involved, like you're seeing in front of you here. If you know the business model of consensus, one could say that Medici Ventures is like has a similar business model but where consensus is purist about using ether, we are not purist about using Ravencoin but there are four or five companies in there, at least, that look like they will be making use of Ravencoin." The hash power on the Ravencoin network has risen in recent weeks by 120%. The price and hash power will have to go much higher to provide the necessary security level to use it as a platform for listing high-valuation securities. It is a great platform to list private company securities as well as gaming tokens.
by blloyd
2