📢❗🚨 $RVN WILD RIDE...
Massive Pump Followed by Sharp Dump – What’s Next? ‼️
✅Analysis of RVN/USDT Candlesticks✅
Yesterday (June 6) – Huge Spike:
Price surged to $0.02782, likely due to:
Whale buy-in or news-based hype (e.g., mining, halving, partnership).
Sudden spike in volume (5.77B RVN) shows strong short-term interest.
Breakout above resistance triggered FOMO.
Today (June 7) – Sharp Drop:
Price fell 21.56% to $0.01324.
Classic "pump-and-dump" pattern: traders took profits post-spike.
No follow-through buying; weak support after speculative rally.
Prediction for Tomorrow (June 8):
Likely sideways or slight downward movement unless new catalyst appears.
Volatility may remain high, but momentum is fading.
Conclusion: Yesterday’s spike was speculative; today is a correction. Expect consolidation unless another event reignites interest.