$RVN is currently trading at 0.01324 USDT, indicating a bullish market structure.
With a support level at 0.01286 USDT and resistance at 0.01347 USDT, a breakout strategy above resistance could yield positive results.
The RSI at 57.6 signals strength but could indicate overbought conditions soon.
Investors should remain cautious of Bitcoin's volatility and potential macroeconomic events impacting market sentiment.
