RVN is in a minimum priceRVN touched its supporting line and now the price is at the floor of upward channel. On the other hand RSI indicator trapped in a descending channel. If the static resistance at the price of 17.8 ¢ broken, the price of 28 ¢ is accessable for RVN; If not it will exit from bottom of channel and oscillat around 16 ¢ for a few weeks.
Rvncoin
RVNUSDT (08.05.2021)The price of RVNUSDT fluctuates in the range of $0.19-0.16.
Earlier, was a rising impulse was formed, which was accompanied by an increasing volume of trades.
In addition, the line of the downward trend was broken.
We recommend buying RVNUSDT to hold a long position above $ 0.3-0.4
Time To Feed The Ravens AgainRaven is giving a nice buy signal. MacD cross on the daily, Heikin-Ashi turning green, breakout and retest of the 2 month long pennant it was consolidating inside of. Target near $0.49
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
Raven coinIt's a busy chart but........ May be complete ABC correction finished but waiting for confirmation as the completion of ABCDE may be in order! upper targets and next big accumulation corrective zone should be live targets!
Bungee jumping on crypto🧗🏻♂️Did you like BNB yesterday, wolves?🔥
Today we have one more trade for you, guys. There is a symmetrical triangle on RVNUSDT crypto on small timeframe.
According to Elliott Waves theory all the waves are done and the price is heading to the breakout.
There was a strong bullish movement before, so now it may be a signal of trend's continuation.
Follow the chart and look for the breakout carefully.
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And always remember: "we don't predict, we react".