- The bullish RVN price forecast is $0.07591 to $0.13942.
- Ravenquin (RVN) The price may also reach $0.3 soon.
- The bearish RVN price prediction for 2022 is $0.01856.
In our Ravencoin (RVN) Price Prediction for 2022, we use statistics, price patterns, RSI, RVOL, and many other information about RVN to analyze the future movement of cryptocurrencies.
Ravencoin current market position
according to Queen GekkoPrice of Ravencoin (RVN) is $0.067177 with a 24-hour trading volume of $362,864,218 at the time of writing. However, the incidence of rheumatoid arthritis has increased by approximately 8.1% in the past 24 hours.
Furthermore, Ravencoin (RVN) has a circulating supply of 11,664,058,853 RVN. Ravencoin (RVN) trades on cryptocurrency exchanges such as Binance, Gate.io, KuCoin, Huobi Global, and OKX.
What is ravenquine (RVN)?
Ravencoin is a peer-to-peer (P2P) digital network that aims to implement a use-case blockchain designed to efficiently handle the transfer of assets from one end to another. Ravencoin aims to solve the problem of asset transfer and trading via the blockchain. It is protected by the power of decentralization and mathematics. It uses a proof of work mining algorithm called KAWPOW which has replaced X16R and X16RV2.
Ravencoin (RVN) Price Predictions 2022
Ravencoin (RVN) is ranked 63rd on CoinGecko at the moment. The RVN price forecast for 2022 is explained below with a daily time frame.
The above chart for Ravencoin (RVN) has plotted a circular bottom. The price movements form an arc-like pattern and thus it is also known as the bottom of the saucer pattern. In general, the round-bottom pattern indicates a long-term price reversal. This pattern also confirms changes in market sentiment as the trend appears to be shifting from bearish to bullish.
Investors generally have to remain cautious and time the market well. If the price breaks and crosses the resistance level, it will enter a confirmed upward path.
Currently, Ravencoin (RVN) is at $0.06767. If the pattern continues, RVN price could reach the $0.07610 and $0.27446 resistance levels. If the trend reverses, the price of RVN could drop to $0.04308.
Ravencoin (RVN) Support and Resistance Level
The chart below shows the support and resistance level for RVN.
From the daily time frame above, it is clear that what follows are the resistance and support levels for RVN.
|resistance level 1||0.07591 USD|
|resistance level 2||$0.13942|
|Support level 1||0.04800 USD|
|Support level 2||$0.02919|
|Support level 3||US$0.01856|
The charts show that Ravencoin (RVN) has performed an upward trend over the past month. If the trend continues, RVN may work in tandem with the bulls breaking the resistance at $0.13942.
Accordingly, if investors turn against the cryptocurrency, the price of Ravencoin (RVN) could drop to close to $0.01856, which is a bearish sign.
Predict Ravencoin 2022 Prices – RVOL, MA and RSI
The relative volume (RVOL) of the Ravenquin (RVN) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of the RVN is below the cutoff line, indicating the weakness of the participants in the current trend.
Also, Ravencoin’s Moving Average (RVN) is shown in the above chart. Notably, the price of Ravencoin (RVN) is above the 50 MA (short-term), so it is in an uptrend. Currently, RVN has entered an uptrend. Therefore, there is a possibility of the RVN trend reversing at any time.
Meanwhile, the Relative Strength Index (RSI) for RVN is 77.42. This means that Ravencoin (RVN) is in an overbought state. However, this means that a major RVN price reversal may occur in the coming days. Therefore, traders need to trade carefully.
Predict Ravencoin 2022 Prices – ADX, RVI
Let’s now look at the Ravencoin Average Directional Index (ADX) (RVN). It helps to measure the overall strength of a trend. The indicator is the average of the values of the expanding price range. This system attempts to measure the strength of price action in positive and negative trends using DMI indicators with ADX.
The chart above represents the Ravencoin (RVN) ADX indicator. Currently, the RVN ADX is in the range of 44.38286 and therefore, it is indicating a very strong trend.
The above chart also represents the Ravencoin Relative Volatility Index (RVI) (RVN). RVI measures the continuous deviation of price changes over a period of time. The RVN’s RVI is below 50, indicating low volatility. In fact, the RSI for Ravencoin (RVN) is at 77.42 confirming a possible sell signal.
Comparison of RVN, BTC and ETH
The chart below shows a price comparison between Bitcoin, Ethereum, and Ravencoin.
From the above chart, we can interpret that the price action of RVN is different from BTC and ETH. This indicates that when the price of BTC and ETH goes up, the price of RVN goes down, and when the price of BTC and ETH goes down, the price of RVN goes up.
Ravencoin (RVN) Price Prediction 2023
If price action completely slows down in momentum and reverses, Ravencoin (RVN) It could reach $0.5 by 2023.
Ravencoin (RVN) Price Forecast 2024
With several network upgrades, Ravencoin (RVN) may enter an upward trajectory. If the coin attracts the attention of major investors, the RVN could rise to $0.7 by 2024.
Ravencoin (RVN) Price Prediction 2025
If Ravencoin (RVN) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next seven years, RVN will rise to $0.9.
Ravencoin (RVN) Price Prediction 2026
If Ravencoin (RVN) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next four years, RVN will rise to $1.
Ravencoin (RVN) Price Prediction 2027
If Ravencoin (RVN) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next five years, RVN will rise to $2.
Ravencoin (RVN) Price Forecast 2028
Ravencoin (RVN) holds a strong position as a better investment option for the next six years amid trends in the highly volatile cryptocurrency market. By paying significant price hikes, the RVN will reach $3 in 2028.
Ravencoin (RVN) Price Prediction 2029
If investors flock and continue to place their bets on Ravencoin (RVN), this will see huge spikes. RVN could reach $4 by 2029.
Ravencoin (RVN) Price Prediction 2030
With greater developments in the primary attention token platform, the crypto community may continue to invest in RVN over the next eight years and drive significant price hikes for the token. Thus, the price of Ravencoin (RVN) could reach $5 by 2030.
With the continuous improvements in the Ravencoin network, we can say that 2022 is a good year for RVN. For this reason, the bullish price forecast for Ravencoin (RVN) in 2022 is $0.13942. On the other hand, the bearish Ravencoin (RVN) price prediction for 2022 is $0.01856.
Moreover, with developments and upgrades in the underlying attention token ecosystem, it will help RVN’s performance to reach an all-time high (ATH) of $0.285218 very soon. But, it could also go as low as $0.3 if investors think RVN is a good investment in 2022.
Ravencoin (RVN) is the Ethereum token that powers the Ravencoin protocol, an automated market maker that allows anyone to create or add liquidity to trading pools while earning customizable trading fees.
Ravencoin (RVN) is listed on several cryptocurrency exchanges including Binance, Gate.io, KuCoin, Huobi Global, and OKX.
With the continuous developments and updates within the RVN platform, it has a high potential to reach ATH soon.
On February 20, 2021, RVN reached an all-time high (ATH) of $0.285218.
Ravencoin (RVN) appears to be one of the most profitable cryptocurrencies this year. According to RVN’s recorded achievements in the past few months, RVN is a good investment in 2022.
Ravencoin (RVN) is one of the active cryptocurrencies that is still maintaining its bullish state. Finally, if this bullish trend continues, Ravencoin (RVN) will reach $0.3 soon.
The price of Ravencoin (RVN) is expected to reach $0.5 by 2023.
The price of Ravencoin (RVN) is expected to reach $0.7 by 2024.
The price of Ravencoin (RVN) is expected to reach $0.9 by 2025.
The price of Ravencoin (RVN) is expected to reach $1 by 2026.
Disclaimer: The opinion expressed in this graph is that of the author only. It is not to be construed as investment advice. TheNewsCrypto team encourages everyone to do their own research before investing.
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