🚨 RVN/USDT — On the Edge of a Bullish Reversal? 📉➡️📈
💰 Current Price: $0.01281
🔻 Daily Change: -1.00%
📊 Key Support Zone: $0.01270 – $0.01280
📈 30d: +17.85% | 90d: +19.61%
📉 180d: -44.59% | 1y: -25.95%
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📉 Technical Analysis
📌 Structure:
Price returning to key historical support at $0.0128
Formation of potential Morning Star & Hammer candlestick
Volume suggests buyers defending this level
📊 Indicators:
RSI ~30 ➝ Approaching oversold, historical bounce zone
MACD histogram: Bearish momentum slowing, signal line cross possible
EMA 20/50: Still above price ➝ watch for cross upward
📈 Order Book (Depth):
63.4% buyers vs 36.6% sellers → Demand dominance
Top bids stacking at current support zone = possible accumulation
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🧠 Fundamentals
🔗 Ravencoin (RVN) is a Bitcoin fork optimized for tokenized asset transfer on its own PoW blockchain.
It allows users to create and transfer assets (NFTs, shares, etc.) easily and securely.
🟢 Why RVN deserves attention:
Fair launch (no premine, no ICO)
Active developer community
Focused on real-world utility: tokenization without smart contract risk
Low fees + scalable for niche asset platforms
Gaining traction in BRC20/NFT alternatives space
📉 Why it dropped recently:
Post-pump correction in June after speculative spike
No negative news, just market rotation
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🚀 What to Watch Next?
🔸 Bullish trigger: Break above $0.0145 ➝ confirmation of reversal
🔸 Bearish risk: Loss of $0.0127 ➝ next support around $0.0115
🔸 Target zone if breakout confirms: $0.0155 – $0.0180 short term
⏳ Timing is critical. RVN is in a make or break zone.
Will buyers defend this level or will it fall deeper?
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📢 Are you accumulating RVN before the next breakout or waiting for confirmation?
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