๐จ $RVN
/USDT โ Gaining Steam or Running Out of Fuel? +1.75% Today! ๐ฅ
Ravencoin ($RVN) has shown modest upside, climbing to $0.01975 with solid volume support. But can this Proof-of-Work token push past resistance, or is it prepping for a pullback? Letโs break it down.
๐ Market Overview
๐ Current Price: $0.01975
๐ 24h High: $0.02065
โ๏ธ 24h Low: $0.01826
๐ฆ 24h Volume (RVN): 732.11M
๐ฐ 24h Volume (USDT): $14.23M
๐ Technical Snapshot:
EMA: Turning upward โ signals early bullish strength
Bollinger Bands: Tightening โ breakout setup forming
MACD: Neutral to slightly bullish crossover incoming
Parabolic SAR: Under price โ trend support active
๐ $RVN Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If $rvnHolds Above $0.01950):
Entry: Above $0.01980
Targets: $0.02065, $0.02190, $0.02300
Stop-Loss: $0.01890
๐น Bearish Scenario (If $rvnFalls Below $0.01890):
Entry: Below $0.01890
Targets: $0.01820, $0.01750, $0.01680
Stop-Loss: $0.01980
๐ RVN Trading Insights
โ Volume holds steady โ supportive of slow bullish climb
โ Price action is pressing upper EMA band
โ ๏ธ Needs to break and close above $0.02065 for sustained momentum
๐ก Pro Tip:
$0.02000 is a psychological resistance zone. If $RVN flips it to support with volume, the breakout rally could extend into $0.023+ territory.
๐ข Holding or eyeing a dip buy? Letโs talk strategy in the comments!
๐ฅ LIKE & SHARE if youโre watching RVN like a hawk! ๐ฆ
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