• Ravencoin Price Prediction 2023 – up to $0.038

  • Ravencoin Price Prediction 2025 – up to $0.079

  • Ravencoin Price Prediction 2028 – up to $0.25

  • Ravencoin Price Prediction 2031 – up to $0.75

Ravencoin is a fork of Bitcoin that tries to improve upon asset ownership. The project launched on Jan 3, 2018, the ninth anniversary of Bitcoin. It provides an exchange platform that allows a user or trader to create tokens of any kind and quickly transfer the asset ownership to others. With this Ravencoin price prediction, we can retrace the trajectory of the RVN price and see its growth in value.

RVN is deemed super hot a few months ago. Ravencoin is showcasing some growth this month as well. As a Bitcoin fork, Ravencoin offers interesting and innovative features that enable a platform for developing a new class of crypto assets. A key feature of Ravencoin is its block time of only one minute, which is impressive compared to Bitcoin’s 10 minutes. This explains the hotness despite the crypto winter.

Today’s Ravencoin price is $0.038457, with a 24-hour trading volume of $85,218,341. Ravencoin is down 1.15% in the last 24 hours. The current CoinMarketCap ranking is #83, with a live market cap of $402,774,992. It has a circulating supply of 10,473,290,000 RVN coins and a max. supply of 21,000,000,000 RVN coins.

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  • How to Mine Ravencoin in 2022 (Complete Guide)

Ravencoin Overview

Tokens created on the network can have any properties that the issuer decides. This means you could create a payment token or digital assets representing real-world assets similar to NFTs or representing virtual currency in a game. These are just a couple of examples of what you can make, but with how open-ended the options are, there are plenty more opportunities on the RVN blockchain.

Ravencoin is a blockchain technology protocol that allows developers and users to create tokens for virtually any asset. The Ravencoin token can then be transferred to third parties “Asset transfer” via the Ravencoin network – a fork of Bitcoin’s original code that, among other things, changes the coin supply from 21 million to 21 billion while reducing the amount of time it takes to mine a block reward. In addition, the Ravencoin project held some of Bitcoin’s features, including periodical halvings, while transactions are validated through Proof of Work (PoW).

Much like Bitcoin code, it is a Proof-Of-Work coin. Originally built on the X16R algorithm, ASIC mining quickly became a viable option. The new mining algorithm, Kawpow, allows consumer-grade GPUs to effectively mine the coin while proving to be ASIC-resistant to promote decentralization. Although it is possible to solo mine Raven, most of the mining is done through pools.

Although it is a direct fork of Bitcoin, Ravencoin offers differences for miners based on the CFDs. For example, block rewards are 5,000 RVN vs. 50 BTC, and block times are reduced by 90% to 1 minute vs. 10 minutes. The first halving of block rewards is in January 2022, with block 2,100,000. After that, each subsequent 2.1m blocks will trigger another halving. This puts it at around every three years.

Through Ravencoin, crypto investors and developers can create a tradable cryptocurrency that tracks the price of off-Price assets such as gold, silver, euro, and collectibles. These tokens facilitate and reduce the cost of trading the assets. Virtually anything that has value can be converted into a raven coin through the Ravencoin blockchain.

Ravencoin is a very community-driven project. It’s entirely open source and run by community-led nodes. This coin doesn’t incentivize running a node, so it promotes decentralization. The coin never had an ICO, and the developers never pre-mined, so its launch was fairer than many coins. On that same note, the developers never held any coins, so the community controls the circulating supply.

Ravencoin Price History

Upon launch in 2018, Ravencoin’s team was funded by Medici Ventures, a blockchain-focused subsidiary of Overstock.com. Ravencoin was explicitly designed to create a mining ecosystem where the specialized mining hardware used for other cryptocurrencies-called application-specific integrated circuits (ASICs), did not have an advantage over your average computer.

In January 2020, Ravencoin’s lead developer, Tron Black, wrote in a post on Medium that ASIC miners had found a way to game Ravencoin’s original algorithms, giving them a leg up on computers with regular processing power.

To remedy this, the Ravencoin team further modified its algorithms. Even if miners chose to use ASICs, their hardware would be forced to compete like regular computer hardware because the creators specified the algorithms to be most efficient when used by consumer-grade hardware. This essentially evened the playing field-at least for the time being.

Ravencoin Technical Analysis

Ravencoin price analysis shows that the altcoin has been trading in a declining trendline in the last 30 days, declining by over 26.76 percent. Looking at the monthly chart, the altcoin has been trading in a descending channel since the beginning of November when the crypto sphere was experiencing a bearish run following the FTX contagion.

Ravencoin’s price has recently broken the $0.02239 support level and if it fails to recover from this level, it may retest the $0.0220 support level. On the upside, immediate resistance is at the $0.0310 mark coinciding with the 23 percent Fibonacci Retracement level and horizontal resistance, while the main resistance is at $0.0370 representing the 50 percent Fibonacci Retracement level.

The weekly chart shows that RVR remains in the bearish territory following last week’s downward move where prices fell by over 16.2 percent. The bulls hit their highest level since June at $0.0310, but the bears prevailed and dragged prices below the $0.0250 mark in just a few hours to form lower lows towards $0.0180.

The RVR/USD pair is now trading inside a bearish flag pattern that could see prices decline even further if it drops below $0.0180. However, if there are strong gains above $0.0183 and the flag pattern holds, then a rally to $00.0310 might be on the cards.

The price of Ravencoin is now approaching an area where the 200MA for August resides, and it is expected to find support at this level. This can be followed by some bullish momentum that would see it reach $0.04661 as per coinmarketcap.com.

Ravencoin has been struggling in the last few weeks, as the altcoin continues to face headwinds from a bearish market. However, there are some signs that suggest that RVR could be poised for a price rally in the near future if the current market conditions remain favorable. Technical indicators like the Fibonacci retracement levels and moving averages suggest that RVR could see some gains in the short term, as long as it maintains critical support levels.

Ravencoin Price Predictions by Cryptopolitan

Ravencoin prices have been trading on a rollercoaster for some time now. Ravencoin prices have been fluctuating between $0.02239 and $0.02358. The market tension brought by the FTX contagion and the rise in interest rates has caused the Ravencoin price to break below this range. However, the Ravencoin prices have since recovered and are currently trading at $0.0227 and for the remaining part of 2022, the crypto market might recover from the crisis and cause the Ravencoin price to rise.

Ravencoin Price Prediction 2023

Our Ravencoin price prediction for 2023 indicates Ravencoin might surge to the maximum possible value of $0.038 and a minimum price of $0.031.The altcoin is predicted to attain an average price forecast of $0.032.

Ravencoin Price Prediction 2024

Our Ravencoin price forecast for 2024 is bullish and will reach a maximum price of $0.055. The average price is forecasted to be around $0.046, while the lowest possible price that RVN might touch is $0.045.

Ravencoin Price Prediction 2025

The Ravencoin price prediction for 2025 is bullish, with the maximum possible price forecasted to be $0.079, while the minimum expected value will reach $0.065. Our average price forecast would stand at around $0.067.

Ravencoin Price Prediction 2026

Our Ravencoin price prediction for 2026 is a maximum level of $0.11. The average price value is expected to be around $0.100 while the minimum possible price that RVN might touch is $0.097.

The market trend for 2026 seems quite bullish as the prices are expected to make higher highs and higher lows in the future, which indicates that the prices will continue to rise.

Ravencoin Price Prediction 2027

The Ravencoin Price Prediction for 2027 is bullish, with the maximum possible price forecasted to be $0.17 and the minimum expected value will reach $0.15. Our average trading price is forecasted to be around $0.15.

Ravencoin Price Prediction 2028

The Ravencoin price prediction for 2028 is a maximum price value of $0.25. The average price value is expected to be around $0.21 while the minimum possible price that RVN might touch is $0.21.

Ravencoin Price Prediction 2029

Our RVN price prediction for 2029 indicates Ravencoin might reach a maximum value of $0.36, while the minimum possible price that RVN might touch is $0.29. The average price value is forecasted to be around $0.30.

Ravencoin Price Prediction 2030

Our RVN price forecast for 2030 is a minimum value of $0.43. RVN price is expected to experience a bull run and reach an average price of $0.45 before continuing its bullish run. If more investors see Ravencoin (RVN) as a profitable investment option, the highest price for Ravencoin is likely to be $0.52 before the end of the year.

Ravencoin Price Prediction 2031

The Ravencoin price prediction for 2031 is bullish, with the maximum possible price forecasted to be $0.75 and the minimum expected value will reach $0.65. Our average price forecast would stand at around $0.67.

Ravencoin Price Prediction by Wallet Investor

According to Wallet Investor, Ravencoin is a bad long-term investment. In one year, the price of the coin is expected to fall to a minimum of $0.29 and in five years it is not expected to cross $0.30.The site is bearish on Ravencoin’s future prices as it expects the digital currency to crash and not recover in the future. The site said it believed the crypto could face a pretty poor 12 months, with a one-year price forecast of $0.0016 by November 2023. 

Ravencoin Price Prediction by Price Prediction net

PricePrediction has an RVN coin price prediction as they have predicted the crypto could hit $0.022 in 2022, $0.032 in 2023, and $0.046 in 2024. In 2025, the site suggests a possible Ravencoin price of $0.067, before potentially reaching $0.10 in 2026, $0.15 in 2027, and $0.21 the year after that, potentially closing the decade at $0.30.

Ravencoin Price Prediction by DigitalCoinPrice

DigitalCoinPrice has a bearish short-term outlook on the RVN/USD price as the price is expected to reach a maximum of $0.050 in 2022 and later would trade at a minimum of $0.0489 in 2023. Later on, it is expected to continue on a bullish note and reach a maximum price of $0.12 in 2027. They are optimistic about Ravencoin’s long-term prospects as a smart contract platform and believe that it will see increasing to a maximum trading price of $0.44 in 2031.

Ravencoin Price Prediction by Industry Experts

Even though there is uncertainty and high volatility in the crypto market right now, the opinion of well-known crypto experts and analysts would guide investors to make the right investment decision. Some experts’ views that could favor the conclusion of an investor are highlighted below.

Stakeholders of the coin believe that a realistic price prediction for RVN to retain utility, as structured, is about $1/coin. A healthy return, for sure, from where it currently sits. If the entire world decides to get behind RVN and its adopted as the world’s way to tokenize assets and also keep it useful and viable, we’d be looking at MAYBE $5 per Raven (which would be $2500 at that point to create a single asset, still may be too high)?

Conclusion 

Ravencoin is a utility token, not a store of value. Burn 500 RVN, and create an asset. Pretty simple when you boil it down. For RVN to remain a viable utility token, its price can’t go that high, or it prices itself out of being useful. People will find another coin/token to do what it does (even if it doesn’t do it quite as well, if it’s too expensive, it just won’t get used). This in and of itself will suppress Ravencoin’s value.

Ravencoin’s mission is to facilitate the creation of tokenized assets on a blockchain-based system and provide users with an easy way to issue and transfer them. This is a key feature that sets it apart from other smart contract platforms. The Ravencoin price prediction for the long-term future is also bullish, with RVN potentially reaching a maximum value of $0.75 in 2031.

So, unless you’re holding several million RVN, you will probably not make “retirement” money from it. The only things that would change this would be if the devs and community decide to change its structure, which is tricky at best drastically, or else it forgoes being a utility token and transfers to being a store of value (which, again, it isn’t created for and if it shifted in that direction it would probably lose value anyways because it’s entire intended use would be gone).

Given that cryptocurrency markets are highly unstable, it is tough to estimate precisely what a coin’s or token’s value will be in a few hours. It is even more complicated to provide long-term guesses. Not surprisingly, then, analysts and those who use algorithms for forecasting often make inexact but by no means impossible predictions. Human sentiments do not always follow an accurate formula.

Believe in this project, and invest in it if you do. Being fairly mined and having no ICO is awesome and, at the very least, ensures this project will outsurvive many others. Holding 1,000, 10,000, or even 100,000 Raven will not get you to and through retirement (especially after taxes, but still not even if you try to avoid them).

Based on the current market trend, it can be concluded that the prices of Ravencoin are expected to rise in the future. However, the market is quite volatile, and any sudden change could lead to a price drop. The crypto market is expected to gain mainstream adoption in the coming years, which could lead to an increase in the prices of Ravencoin. Thus, investing in Ravencoin could be a good investment option for the long term.

Meanwhile, most price predictions for Ravencoin (RVN) suggest a slow development, with little evidence that the coin will reach a dollar at any point soon. Ravencoin cryptocurrency is designed to be used for a wide range of transactions and is not intended to be a speculative investment.RVN coin is transferable between different users of different tokens on the network, which means that holders can delegate voting rights across the various platforms that exist on the chain. This allows RVN to have a strong community-based governance model.

The above-mentioned predictions are based on our expert analysis and are not financial advice. Do your own research before investing in any cryptocurrency. A long-term investment in Ravencoin RVN could be a profitable option since forecasts and predictions show the possibility of the coin experiencing a bullish run in the coming years.