website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Ravencoin technical chart
Symbol RVNUSD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMarch 12, 2023 - 14:29
Currentrange bound
Forecastbeginning of downtrend

Midterm forecast:

  • While the price is below the resistance 0.03799, beginning of downtrend is expected.
  • We make sure when the support at 0.01720 breaks.
  • If the resistance at 0.03799 is broken, the short-term forecast -beginning of downtrend- will be invalid.

Technical analysis:

  • There is a divergence in RSI and price between the trough at 0.01975 on 2022-05-12 and the trough at 0.01718 on 2022-06-15, and the probability of beginning of downtrend is decreased.
  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A peak is formed in daily chart at 0.03800 on 02/23/2023, so more losses to support(s) 0.02203, 0.01950 and minimum to Major Support (0.01720) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 31.

Symbol Released Current Forecast
Ravencoin (RVNUSD) free Sat, 23 Mar 2024
Ravencoin (RVNUSD) free Sun, 17 Mar 2024
Ravencoin (RVNUSD) free Sun, 10 Mar 2024
Ravencoin (RVNUSD) free Sun, 3 Mar 2024
Ravencoin (RVNUSD) Sat, 24 Feb 2024