$RVNhasn't picked up steam after the flush but H4 7 ema looks to be reclaimed above range high
back below range high idea is invalidated and i hop off
stop was too loose on my perps trades luckily leverage was low so gave back only over half of last months profits :(
kicking myself for not taking a break ! such is life onwards:)
RVNUSDT trade ideas
#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
#RVN/USDT#RVN
The price chose the downward channel to the upside and the channel is now being retested again at the level of 0.02180.
We have a higher stability moving average of 100
We have an uptrend on RSI
We also have a bullish incentive from the rise of Bitcoin
Entry price is 0.02177
The first target is 0.02272
The second target is 0.02459
The third goal is 0.02646
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.
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
RNUSDT IDEAUPDATE
Broken & Retesting Falling Wedge in Weekly Time frame.
Successful Retest can provide 80-85% Bullish wave .
COIN DETAILS
The live price of Ravencoin is $ 0.022098 per (RVN / USD) with a current market cap of $ 299.31M USD. 24-hour trading volume is $ 12.09M USD. RVN to USD price is updated in real-time.
$RVN Inverse H&S / Macro ReversalLooks like RVN is about to make its move here. Holding above .0201 is critical, with the first target from here at 0242, with a measured move at 0437.
Eventually, id expect to see resolution all the way into the .0664-.0726 zone (confluent with the log 618) if this were to play out like CKB, and a lot of other PoW coins.
RVNUSDT IDEAUPDATE
Breakout and Retest has already done in 12H timeframe......
Expecting massive bullish wave and we can see price around 0.0250$ in next few days.
COIN DETAILS
he live price of Ravencoin is $ 0.020092 per (RVN / USD) with a current market cap of $ 271.27M USD. 24-hour trading volume is $ 54.86M USD. RVN to USD price is updated in real-time. Ravencoin is +7.58% in the last 24 hours with a circulating supply of 13.50B.
"Emerging Trends: What the Future Holds for RVNUSDT Traders!"RVNUSD symbol analysis of cryptocurrency market in long term time frame Currently, the market is in a downward trend and it can continue to decline as long as it maintains the downward trend line. Move towards the previous ceiling to the range of 1.00000
The most important number is 0.02500, which will be the support range if the upward trend line is broken
⚡️RVNUSDT CMC TRADING ⚡️ DEMAND AND FAIR VALUE GAPSRVN is currently displaying a short-term bearish channel breakout on the 15-minute chart, complemented by a robust demand zone. This suggests the potential for a reversal or bullish rally to the upside, aiming to fill the Fair Value Gaps (FVGs) formed during the recent price crash.
RAVENCOIN (by trojanbible) Ravencoin is a blockchain and cryptocurrency that aims to facilitate the transfer of assets from one party to another. It was launched in January 2018 and was designed to enable the creation and transfer of real-world assets, such as tokens representing physical or digital goods, in a secure and decentralized manner. Its protocol is based on a fork of the Bitcoin code.
As for its founders, Ravencoin was proposed by Bruce Fenton, a prominent figure in the cryptocurrency space and the founder and managing director of Atlantic Financial, a financial advisory firm. However, the actual development of Ravencoin was led by a team of developers, with no specific individuals or centralized entity claiming ownership or control over the project. The project was set up to be community-driven and decentralized in nature.