Price Analysis

Ravencoin (RVN) May Reflect Decent Recovery Soon

  • Ravencoin price may find the next resistance at 0.00000200 BTC
  • The highest point for the RVN this month was at 0.00000264 BTC

RVN was trading at 0.00000206 BTC at the beginning of the month, and till the mid of this month, it was having a gradual increment. On July 14, the currency touched the highest point of the month at 0.00000264 BTC.

However, on the same day, Ravencoin faced steep fall and started trading downwards. By July 16, the price was at 0.00000211 BTC. The next few days marked a moderate movement. Then, on July 21, the RVN coin registered a spike and reached 0.0000023 BTC but again faced rejection and started downside correction. Yesterday, the price spotted near 0.00000176 BTC.

Over the last 24 hours, the RVN coin marked a decent recovery and regained its price level above 0.00000185 BTC. It was trading at 0.00000187 BTC at the time of writing the article. The MACD shows a bullish crossover. In the short-term, RVN may cross the next resistance around 0.00000200 BTC. However, the possibility of a few unprecedented swings can’t be ruled out.

Markus Brown

Markus Brown is a full time news editor at CryptoMoonPress. He has five years of writing experience with well-known publishing companies. Currently, he serves his valuable price analysis articles and manages our writers team for content writing and curation. In his free time, he enjoys football and badminton.

Recent Posts

Must-Watch Tokens in 2024 with 100X potential: OZO, DOT, and ADA

The crypto market has been on a roll in 2024, with most coins enjoying a…

3 months ago

Ozone Chain (OZO) Price Prediction 2024 – 2030

Ozone Chain is the world’s first Quantum resistance blockchain. It is credited with integrating Quantum…

6 months ago

Expert puts XRP price at $7.5, Dogecoin (DOGE) to touch $0.4, safest bet to take

Crypto experts have issued bullish outlooks for XRP and DOGE. Based on their predictions, XRP…

7 months ago

Crypto whale spends $137 million on Ripple’s XRP and this viral Ethereum

The cryptocurrency community has taken notice of a well-known crypto whale who made a stunning…

7 months ago

O2T becomes bigger than BONK coin, investors prepare for 50x rally after June 10th

In the rapidly evolving world of cryptocurrency, new tokens frequently capture the market’s attention, promising…

7 months ago

ETFSwap (ETFS) presale shatters expectations, raises $2M and $100,000 in the last 24 hours

The trending Ethereum-based project ETFSwap (ETFS) has set the crypto world on fire with its…

7 months ago