Rvn
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
Trading opportunity for RVNUSDT RavencoinBased on technical factors there is a Long position in :
📊 RVNUSDT Ravencoin
🔵 Long Now 0.03616
🧯 Stop loss 0.03130
🏹 Target 1 0.04200
🏹 Target 2 0.04800
🏹 Target 3 0.05600
💸Capital : 1%
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RVN/USDT TRADE SETUP! READY FOR A 80% MOVE TO THE UPSIDE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this RVN/USDT trade setup.
RVN looks good here. Breaks out from the bull flag-like structure in a 4hr time frame. Expecting a 70-80% bullish rally from here. Buy some now and add more in the dip.
Entry range:- $0.038-$0.034
Target:- 70-80%
SL:- $0.036
Use low leverage (2x-4x)
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💡Don't miss the great buy opportunity in RVNUSD @RavencoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.03764).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. RVNUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 0.04253
TP2= @ 0.04849
TP3= @ 0.05739
TP4= @ 0.06274
TP5= @ 0.06779
SL= Break below S2
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💡Don't miss the great buy opportunity in RVNUSD @RavencoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.03764).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. RVNUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 0.04253
TP2= @ 0.04849
TP3= @ 0.05739
TP4= @ 0.06274
TP5= @ 0.06779
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 / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Trading opportunity for RVNUSDT - RavencoinBased on technical factors there is a Long position in :
📊 RVNUSDT Ravencoin
🔵 Long Now 0.03860
🧯 Stop loss 0.03580
🏹 Target 1 0.04220
🏹 Target 2 0.04800
🏹 Target 3 0.05600
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Ravecoin Long-Term (1330% To All-Time High + 150% Target)Ravencoin (RVNBTC) is showing some bottom and recovery signals but first, let's look at the long-term chart.
Chart:
We can see a 1330% potential from the current price to the All-Time High, but we are more conservative and we target smaller waves.
Let's zoom in... RVNBTC Weekly
Here I am focusing on the higher low long-term.
We have date since late 2020 all the way to present time.
Notice how the bottom is preceded by a descending channel and also a TD Sequential -8 and -9.
The can come a strong price jump.
Namaste.
Ravencoin (RVN) formed bullish Gartley for upto 2200% big moveHey dear friends, hope you are well, and welcome to the new update on Ravencoin (RVN).
On a monthly time frame, the price line of RVN has formed bullish Gartley pattern.
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
RVN RAVENCOIN USD BOUNCING OFF SUPPORT EXPLOSION INCOMING $2.50RVN RAVENCOIN USD Is looking great to me. The bottom is either in or one more test of the support line before the next explosion upwards. I can see at least $2 with this project. They are still working hard and fundamentals have only changed for the better since the last runs. I'm accumulating now. If support breaks and closes a daily below $.02 cents then expect a much further retrace down to prior support levels around $.01 cent. I don't think that is what will happen though I think a nice move is incoming, MACD is curling up, RSI is curling up and BBWP is starting to expand again so volatility is going up. A move is close and I think its more than likely to the upside. This is just my opinion and not trading advice. Good luck and thank you.
RVN the phoenix will rise, but first it will make a nest. RVN is a fundamentally good token, PoW concensus (Very energy consuming!), NFT ready and a fork of the original bitcoin code. In many ways its Bitcoin + a small degree of privacy and full NFT capabaility. I believe this token will one day be worth a lot as decentralized miners are pushed out of bitcoin by more established players. I expect to be able to trade L1-TP1 multiple times and estimate an Ichimoku strategy to be the best to bot this asset for the foreseable future :)
Looking ripe for that side ways trend after the Pampu : rockets :
Rvn broke down from descending triangleRVN broke down from 143 sats level which was its horizontal support and 0.786 fib level.
It has retested this level and is about to go down in the coming weeks.
This has massive potential after ETH 2.0 because miners will shift to rvn because eth will no longer remain mineable which will increase ravencoin's price.
Buyers can look to buy at the supports mentioned on the chart.
This is not a buying advice and please do your own research before buying anything.