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RVNUSD

The $RVN USD chart may play a role now for #RavencoinThe curve formed by higher highs in USD terms is digressive and suggests it will take roughly two weeks to reach the next level of $0.088 or 2200 Sats. When considering the BTC chart alone it looks as though it could make those levels over the weekend. I do not see any clear path forward from here other than to see if it establishes support above 1650 Sat or inversely fails to make it back through that level and hold. For now, I'm neutral on this but I believe it will break higher if BTCUSD does.
by blloyd
A trading opportunity to buy in RVNUSDTechnical analysis: . PEERCOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 51. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00016500 to 0.00013250). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00016500) Ending of entry zone (0.00013250) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.02946 TP2= @ 0.03560 TP3= @ 0.04076 TP4= @ 0.05000 TP5= @ 0.06267 TP6= Free
BITTREX:RVNUSDLong
by ForecastCity
5
$RVN breaking out of parallel channel above cloud after E2E #RVNThe fundamentals surrounding Ravencoin are some of the most bullish in crypto. Take a look at the number of organizations developing securities on the platform here: www.reddit.com The recent move is likely a result of Ravencoin's close association with tZERO and the MOU for up to $100MM by Makara and GSR . Both are highly successful VC companies in Tech, now entering the FinTech space. The next target following a demonstration of support between at the 50% retrace and cloud support of 610 Sats can take the price all the way to 1430 Sats . Positive news from the Overstock.com OSTK conference call regarding tZERO and other Medici Ventures and their utilization of the Ravencoin (RVN) protocol to create securities may be moving the price at the moment: Excerpt from Overstock.com , Inc. ( OSTK ) CEO Patrick Byrne on Q4 2018 Results - Earnings Call Transcript seekingalpha.com "Patrick, I want you talk to the next slide on Ravencoin. Patrick Byrne Thank you. Ravencoin is an open-source project towards which Medici Ventures has been especially supportive by contributing labor and mining. The mining of this coin has spread faster than any coin in history. It's 14 months old, the community is very active. We've been supportive of this open-source movement. And although we only own a single-digit percentage of the coins, -- of Ravencoin, it's not just the value of the coins that we find attractive, it is the elegance and robustness of the Raven protocol for digital assets going forward. Next, Raven has a role to play in a number of these Medici companies. It's been designed and developed as the perfect protocol for digital assets, has significant advantages over both Bitcoin and Ethereum . I think, you'll be hearing very significant news about Ravencoin shortly, perhaps as early as this week. It plays a role in the number of the companies in which we're involved, like you're seeing in front of you here. If you know the business model of consensus, one could say that Medici Ventures is like has a similar business model but where consensus is purist about using ether, we are not purist about using Ravencoin but there are four or five companies in there, at least, that look like they will be making use of Ravencoin." The hash power on the Ravencoin network has risen in recent weeks by 120%. The price and hash power will have to go much higher to provide the necessary security level to use it as a platform for listing high-valuation securities. It is a great platform to list private company securities as well as gaming tokens.
BITTREX:RVNUSDLong
by blloyd
$RVN support $.03 next move after $.038, $.066 #Ravencoin $OSTKThe fundamentals surrounding Ravencoin are some of the most bullish in crypto. Take a look at the number of organizations developing securities on the platform here: www.reddit.com The recent move is likely a result of Ravencoin's close association with tZERO and the MOU for up to $100MM by Makara and GSR . Both are highly successful VC companies in Tech, now entering the FinTech space. The next target following a demonstration of support between $0.03 Sats can take the price all the way to $0.066. Positive news from the Overstock.com OSTK conference call regarding tZERO and other Medici Ventures operations could trigger the next surge in price. The hash power on the Ravencoin network has risen meantime by 100%. The price and hash power will have to go much higher to provide the necessary security level to use it as a platform for listing high-valuation securities. In the meantime, it is a great platform to list private company securities as well as gaming tokens.
BITTREX:RVNUSDLong
by blloyd
NICE BUY OPPORTUNITY ON RVN !!!theres been a lot going on about this coin recently well coming to technicals 1. we have created a big bullish crab pattern on 4H (green harmonic) target near 510ish 2. we have created a nice deep bullish crab pattern (blue harmonic) target near 540 ish 3. we are at a major support too of 500 level (the green BOX ) 4. we are at the 55 exponential on daily (on bittrex chart) 4. there has been nice bullish divergence on the bittrex chart , since binance was offline for 8 hours , i am not able to show it on this binance chart SO SUMMING UP THE THINGS nice to buy at 510 to 540 sats level ,, target 1- 620 SATS target 2- 680 SATS target 3- 720 SATS BITTREX CHART BELOW
Long
by ViperTron