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Rvn

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
RVN/BTC 12HOUR UPDATE BY CRYPTOSANDERWelcome to this quick RVN/BTC analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:-RVN/BTC tringle pattern conform and retest buy the green zone Entry:-CMP and BUY THE GREEN ZONE 0.00000175,0.00000200 Traget:- 150% to 200% Stop loss:- 0.00000116 Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language Do hit the like button if you like it and share your charts in the comments section. Thank you..
Long
by CryptoSanders9563
🆓Ravencoin (RVN) Jan-27 #RVN $RVN . 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.06$ zone 🔴Buy : 0.06 🔴Sell : 0.075 - 0.085 - 0.1 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.06$ zone 🔵Sell : 0.06 🔵Buy : 0.05 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
3
🔥 RVN Massive 1-Year Bull-Flag PatternSince the huge run-up of RVN in the first few weeks of 2021, RVN has seen strong consolidation. This period of consolidation has formed a huge bull-flag pattern on the chart. With RVN reversing from the bottom of the pattern recently, there's a high probability that the price will move towards the top resistance of the pattern. Since bull-flags are classically bullish patterns, I'll be looking for bullish break outs to occur. Targets placed at recent highs. Be aware that the price might bounce of the resistance and move back towards the support. Happy trading!
Long
by FieryTrading
13