- RVN coin price is currently seeing a recovery in the daily chart and can soon see a new high in the future. It has observed a loss of more than 3% in the past 24 hours.
- Ravencoin technical indicators suggest a strong upside trend in the future..Meanwhile,RVN/BTC pair has seen a loss of 1% in the intraday session
RVN coin price is currently observing a correction in the daily chart and can soon revert to a new high. Raven Coin’s price has seen a loss of more than 3% in the intraday session and is trading near the value of $0.12895. The asset has a very high ROI and can soon benefit the investors in the long term. RVN has to cover more than 61% of its current value to break its all-time high value. The asset can soon see a reversal to a new high in the future. One can invest in Ravencoin according to their needs and price action scenario.
Raven Coin’s market dominance along with CMC is seeing recovery and can soon attain the previous levels. The volume of the coin can also see a surge in the future. The volume to market cap ratio of the coin suggests a strong bull trend. One can forecast strong growth in RVN in the upcoming days
RVN Coin Price Recovery May Lead It To A New High
The weekly technical chart of the Raven Coin price is currently observing a bearish momentum. Coming to the daily chart, the asset price has given a strong recovery. The hostile region of the RVN can be found near $0.16. The support of the coin while going downwards can be observed near $0.1. The coin price is currently trading above the 50 and 100 Daily Moving Average. The 50 MA line is at $0.13 acting as a temporary support region for the price. If the coin price goes 15 to 20% above the current level then a strong upside trend can be seen. RVN/BTC pair can also see strong momentum in the future.
RVN coin price is currently seeing a downside momentum and can soon see a new low in the future. RVN/BTC pair can also see a new high in the future. One should do their due diligence before investing.
Major Resistance: $0.18
Major Support: $0.1