🟢 Ravencoin ( $RVN /USDT) – 15M Chart Overview

Current Price: $0.01883

24H Change: +67.98% 🚀

24H Range: $0.01077 – $0.02782

Massive Volume Surge: 2.46B RVN traded — strong retail and bot interest.

📊 Technical Breakdown:

🔸 Moving Averages:

MA(20): 0.01471 – Price is well above this short-term trend, confirming breakout momentum.

MA(50): 0.01242

MA(200): 0.01150 — All key MAs are now well below the price. This is strong bullish confirmation.

🔸 RSI Levels:

RSI(6): 63.16

RSI(12): 64.84

RSI(24): 65.80

RSI readings suggest healthy momentum without being overbought — bulls still have room to run.

🔸 Stochastic RSI:

STOCH: ~48 — slight cooldown after initial spike. May be setting up for another upward wave.

🔍 Price Action Insight:

RVN exploded from $0.01077 to $0.02782 in one candle — a textbook short squeeze or news-driven rally.

After the initial spike, price retraced but is now stabilizing in a bullish consolidation range.

This could be the early stages of a bull flag — a continuation pattern.

🔧 Key Levels to Watch:

Resistance: $0.02117 → $0.02492 → $0.02782 (breakout high)

Support: $0.01750 → $0.01470 (MA20) → $0.01240 (MA50)

If RVN can break above $0.0195 with volume, the next leg higher could ignite quickly.

🧠 Quick Sentiment:

RVN shows signs of aggressive accumulation.

Price is holding up after a +67% move — which is rare unless there’s real interest behind it.

High volume + sideways consolidation = potential for another leg up.

⚠️ DYOR – Do Your Own Research

This is not financial advice. Markets can be volatile — always trade responsibly!