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Ravencoin / TetherUS

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RVNUSDT trade ideas

✴️ Ravencoin | Still Early (594% - 836% Growth Potential)Here we have Ravencoin long-term. This is the linear chart first: ➖ Here notice the long-term higher low (October 2023 vs November 2020). ➖ Consider the consolidation phase, it is still early here. ➖ Notice the potential for growth. With the linear chart we can appreciate clearly the fact that the consolidation phase is still in full swing. With the logarithmic chart we can easily see the candles and signals. Trading above EMA50 weekly, RVNUSDT shows plenty of room available for growth. Namaste.
Long
by AlanSantana
3
RVN LOOKS BEARISHFirst of all, make sure to change your stop to entry when we reach the first target. Be careful, the timeframe is large and this move may take time. It looks like the price is ready to start a large diametric F wave. Wave E now appears to be over. Wave E seems to have been a diametric whose last wave has also ended. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
5
RVNUSDT Trading opportunityPrice trading within a downtrend channel. This usually formed when the price moves in a downward direction and is contained within two parallel trend lines. The trend lines act as resistance and support levels, with the upper trend line acting as a strong resistance level and the lower trend line acting as a weaker support level. Since the last drop failed to make new low and formed double bottom, We believe this will be a great time for the channel to break upside. Remember trading is not suitable for everyone, and you should carefully consider your financial situation and risk tolerance before trading. We provide trading signals for informational and educational purposes only.
Long
by weslad
4
Ravencoin (Binance)Ravencoin is a blockchain platform that focuses on enabling users to create and trade digital assets securely and efficiently. Here's how it compares to Bitcoin and some information on its technology, history, and growth potential in a tokenized world: **Similarities with Bitcoin:** - **Decentralization:** Like Bitcoin, Ravencoin operates on a decentralized network, meaning there is no central authority controlling it. - **Proof of Work (PoW):** Both Bitcoin and Ravencoin use a PoW consensus mechanism to secure their networks. This involves miners solving complex mathematical puzzles to validate transactions and add them to the blockchain. **The Tech behind Ravencoin:** - **Asset Creation:** Ravencoin is designed specifically for asset creation and transfer. Users can easily create and trade digital assets (tokens) on the Ravencoin blockchain. - **Unique Asset Names:** Each asset created on the Ravencoin blockchain must have a unique name, ensuring clarity and preventing confusion. - **Asset Transfer:** Ravencoin provides tools for securely transferring assets between users, with built-in support for messaging and metadata. **History:** - Ravencoin was launched in January 2018 by Bruce Fenton, Tron Black, and others. It was created as a fork of the Bitcoin codebase, with modifications tailored to its asset creation and transfer capabilities. - Since its launch, Ravencoin has gained a dedicated community of users and developers who continue to contribute to its development and adoption. **Growth Potential of Tokenized World:** - The growth potential of a tokenized world is significant, as it opens up new opportunities for asset ownership, transfer, and liquidity. - By enabling users to tokenize real-world assets such as real estate, stocks, and commodities, platforms like Ravencoin can democratize access to investment opportunities and streamline asset transfer processes. - As blockchain technology matures and regulatory frameworks evolve, the tokenization of assets is expected to become more widespread, driving further adoption of platforms like Ravencoin. In summary, Ravencoin distinguishes itself from Bitcoin by focusing on asset creation and transfer capabilities while leveraging a similar decentralized and PoW-based network. Its technology, history, and potential for growth in a tokenized world position it as a notable player in the blockchain space.
Long
by TrojanBible
RVN has the potential to initiate an upward trend.I believe RVN has the potential to initiate an upward trend, dependent on the c ontinuation of the bull market. RVN is a protocol based on a fork of the Bitcoin source code, with the addition of new features designed to allow entities to issue asset-backed tokens on its blockchain. However, this feature does not guarantee any price movement or a pump. Based on my technical analysis and the underlying fundamentals of RVN, the cryptocurrency has the potential to achieve higher price levels.
Long
by KiomarsRakei
RVNUSDT | 1W 👀Considering the technical picture of the coin, which is quite ready for a pump after breaking through the mirror resistance. We might indeed see a powerful move in the near future. I've marked the targets on the chart. - Not financial advice, trade with caution. ✅ Stay updated on market news and developments that may influence the price of Ravencoin. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #Ravencoin #Investment #RVN
by Nyskohuz
#RVN/USDT 1W (Binance Futures) Descending wedge on supportRavencoin just printed a morning star on weekly TF, looks promising for mid/long-term recovery towards 50MA resistance. ⚡️⚡️ #RVN/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Long) Leverage: Isolated (1x) Amount: 10.1% Current Price: 0.01924 Entry Targets: 1) 0.01703 Take-Profit Targets: 1) 0.02713 Stop Targets: 1) 0.01198 Published By: @Zblaba NGM:RVN #RVNUSDT #Ravencoin #PoW #P2P Risk/Reward= 1:2 Expected Profit= +59.3% Possible Loss= -29.7% ravencoin.org
Long
by TradingOn
1
RVN Power of Crypto: Invest Smart and Build Wealth 💰## RVN Coin: Short Fundamentals, Recent News, and Disclaimer **Fundamentals:** * **Ravencoin (RVN):** A peer-to-peer (P2P) blockchain focused on efficient asset creation and transfer. * **Launched:** January 2018. * **Market Cap:** ~$323 million (as of Feb 25, 2024). * **Rank:** #177 on CoinMarketCap. * **Unique Features:** * **Designed for asset issuance:** Allows easy creation and management of custom tokens on the Ravencoin blockchain. * **Fair mining:** Uses the X16R hashing algorithm to ensure ASIC resistance and promote decentralized mining. * **Focused on security:** Implemented several security features, including replay protection and segregated witness. **Recent News:** * **Feb 16, 2024:** Ravencoin announces partnership with blockchain identity platform, Spruce, to enable secure asset ownership verification. * **Feb 8, 2024:** Ravencoin releases v2.6.2 bug fix update. * **Jan 25, 2024:** Ravencoin integrates with decentralized exchange, SushiSwap, to offer wider token trading options. **Disclaimer:** * This information is for educational purposes only and should not be considered financial advice. * Cryptocurrency investments are highly volatile and carry significant risks. * Do your own research before making any investment decisions. **Additional Notes:** * RVN price has seen some volatility recently, but remains relatively stable in comparison to other smaller cryptocurrencies. * The recent news highlights Ravencoin's focus on partnerships and development to expand its ecosystem. * It's crucial to understand the risks involved in cryptocurrency investments before making any decisions. I hope this information is helpful! Please let me know if you have any other questions.
Long
by MoonTradingForecast
RVN ANALYSIS🔮 #RVN Analysis - Breakout 🚀🚀 💲💲 There is a breakout of Falling Wedge Pattern in #RVN and trying to retests the level. It's a 1W time frame breakout and we will see more higher price in long-term. If the price closes above the major trendline then there will be a confirmation of bullish movement 📈📈 💸Current Price -- $0.02279 📈Target Price -- $0.06610 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #RVN #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts