$RVN ๐ RVN/USDT โ The RAVEN Just Took Flight! ๐๏ธ๐ฅ
๐ฒPrice: $0.01599 | ๐ +45.36% (24H) ๐ฅ
๐ 24H High: $0.02782 | ๐ป 24H Low: $0.01077
๐ Vol (RVN): 4.33B | ๐ฐ Vol (USDT): $77.64M
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โก๏ธ What Just Happened?
Ravencoin exploded from the ashes with a monster wick to $0.02782 ๐ฑ, then settled back near $0.01599. Despite the retrace, it's still flying high with a massive 45% daily gain!
๐ It tapped a strong base at $0.01077 before launching upward like a rocket. ๐
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๐ Technical Breakdown:
EMA Zones (15m):
๐ธ EMA(7): 0.01598
๐ธ EMA(25): 0.01602
๐ธ EMA(99): 0.01432
๐ Price is hugging EMAs โ consolidation after the pump!
MACD (Bearish Cooling Phase):
๐น DIF: -0.00003
๐น DEA: -0.00001
๐ MACD: -0.00002
๐ป No strong divergence yet, indicating a cool-down phase.
RSI(6): 50.68
๐ก Neutral zone! Neither overbought nor oversold โ next impulse could go either way.
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๐ฆ Volume Speaks Loud!
๐ Initial green candle saw ~4.27M RVN volume!
Now calming down but watch out โ another burst could be loading.
๐งจ Remember: Volume precedes price!
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๐ Strategy Suggestion
๐ข Scalp Long (High Risk):
Entry: $0.0156 โ $0.0158
TP: $0.0168 / $0.0174
SL: $0.0152
๐ด Short on Break Down:
Entry: Below $0.0155
TP: $0.0143 / $0.0136
SL: $0.0161
โ ๏ธ Volatility is King right now โ perfect for pro scalpers, but not for faint hearts!
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๐ Fundamentals?
๐ POW Coin with old-school minersโ love ๐งฑ
๐ฅ Often pumps hard when BTC or alt season flips
๐ Might be reacting to BTCโs pullback โ but this feels more like a news or whale-induced spike.
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๐ฏ Final Word
RVN just gave us a classic altcoin vertical pump, followed by natural exhaustion.
But RSI reset and sideways movement hints at a possible second wave brewing. ๐
Stay sharp. The Raven might screech again. ๐๏ธโก