$RVN
๐ RVN is declining.. Will it bounce or continue the fall?
Current price: $0.00304, down 6.17%, trading below the 50-day moving average (0.00306), below the SuperTrend (0.00307), and below the 200-day moving average (0.00316). RSI is at 54.45 in the neutral zone.
Money flows: Total flow is negative at -25.32M RVN. Whales are selling (-1.21M), mid-sized traders are buying (+5.22M), and small traders are strongly selling (-29.33M). The past five days recorded a negative flow of -38.35M.
Leverage: Borrowed-debt growth is 42.92%, the buy-to-sell ratio is 3.55, and the buy users rate is 55.05.
My outlook: A breakout above $0.00306 could pave the way toward $0.00307, then $0.00316. However, a break below $0.00299 may push the price toward $0.00292.
๐ Resistance: $0.00306, then $0.00307. Support: $0.00299, then $0.00292.
โ In your opinion, will RVN bounce or continue falling?
Disclaimer: Personal analysis, not a recommendation.
$RVN #RVN #Ravencoin #CryptoAnalysis
๐ RVN is declining.. Will it bounce or continue the fall?
Current price: $0.00304, down 6.17%, trading below the 50-day moving average (0.00306), below the SuperTrend (0.00307), and below the 200-day moving average (0.00316). RSI is at 54.45 in the neutral zone.
Money flows: Total flow is negative at -25.32M RVN. Whales are selling (-1.21M), mid-sized traders are buying (+5.22M), and small traders are strongly selling (-29.33M). The past five days recorded a negative flow of -38.35M.
Leverage: Borrowed-debt growth is 42.92%, the buy-to-sell ratio is 3.55, and the buy users rate is 55.05.
My outlook: A breakout above $0.00306 could pave the way toward $0.00307, then $0.00316. However, a break below $0.00299 may push the price toward $0.00292.
๐ Resistance: $0.00306, then $0.00307. Support: $0.00299, then $0.00292.
โ In your opinion, will RVN bounce or continue falling?
Disclaimer: Personal analysis, not a recommendation.
$RVN #RVN #Ravencoin #CryptoAnalysis