Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- Ravencoin is down -7.17% today against the US Dollar
- Ravencoin is currently trading 9.89% above our prediction on Nov 13, 2022
- Ravencoin dropped -22.43% in the last month and is down -79.21% since 1 year ago
| Ravencoin price | $ 0.027794 |
| Ravencoin prediction |
$ 0.025293 (-9.23%) |
| Sentiment |
Bearish |
| Fear & Greed index |
31 (Fear) |
| Key support levels | $ 0.029300, $ 0.028650, $ 0.028014 |
| Key resistance levels | $ 0.030587, $ 0.031222, $ 0.031873 |
RVN price is expected to drop by -9.23% in the next 5 days according to our Ravencoin price prediction
According to our Ravencoin price prediction, RVN is expected to reach a price of $ 0.025293 by Nov 13, 2022. This would represent a -9.23% price decrease for RVN in the next 5 days.
RVN Price Prediction Chart
What has been going on with Ravencoin in the last 30 days
Ravencoin has been displaying a negative trend recently, as the coin lost -22.43% in the last 30-days. The medium-term trend for Ravencoin has been bearish, with RVN dropping by -24.21% in the last 3 months. The long-term picture for Ravencoin has been negative, as RVN is currently displaying a -79.21% 1-year price change. On this day last year, RVN was trading at $ 0.133689.
Ravencoin reached its all-time high price on Feb 20, 2021, when the price of RVN peaked at $ 0.284795. The current RVN cycle high is $ 0.075266, while the cycle low is at $ 0.017195. RVN has been displaying low volatility recently – the 1-month volatility of the coin is at 4.28. Ravencoin recorded 14 green days in the last 30 days.
Ravencoin technical analysis for today – Nov 08, 2022
The sentiment in the Ravencoin markets is currently Bearish, and the Fear & Greed index is reading Fear. The most important support levels to watch are $ 0.029300, $ 0.028650 and $ 0.028014, while $ 0.030587, $ 0.031222 and $ 0.031873 are the key resistance levels.
Bearish sentiment for Ravencoin
2 indicators are currently signaling a bullish prediction for Ravencoin, while 28 indicators are showing a bearish forecast. With 93% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Ravencoin.
Crypto market is currently experiencing Fear
Currently, the Fear & Greed index is at 31 (Fear), which signals that investors have a negative outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Ravencoin moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Ravencoin is positioned in the market right now.
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $ 0.030693 (SELL) | $ 0.029951 (SELL) | – | – |
| MA5 | $ 0.030909 (SELL) | $ 0.030426 (SELL) | – | – |
| MA10 | $ 0.031077 (SELL) | $ 0.030829 (SELL) | – | – |
| MA21 | $ 0.031203 (SELL) | $ 0.031357 (SELL) | $ 0.033154 (SELL) | $ 0.035812 (SELL) |
| MA50 | $ 0.033726 (SELL) | $ 0.033260 (SELL) | $ 0.050408 (SELL) | $ 0.048037 (SELL) |
| MA100 | $ 0.036117 (SELL) | $ 0.034496 (SELL) | $ 0.077023 (SELL) | $ 0.056617 (SELL) |
| MA200 | $ 0.032802 (SELL) | $ 0.039413 (SELL) | $ 0.052782 (SELL) | $ 0.055494 (SELL) |
| Period | Value | Action |
| RSI (14) | 42.85 | NEUTRAL |
| Stoch RSI (14) | 46.08 | NEUTRAL |
| Stochastic Fast (14) | 18.86 | BUY |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 12.00 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -81.14 | BUY |
| Ultimate Oscillator (7, 14, 28) | 39.19 | NEUTRAL |
| VWMA (10) | 0.03 | SELL |
| Hull Moving Average (9) | 0.03 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.03 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Ravencoin is at 42.85, suggesting that RVN is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Ravencoin over the last 50 days. Currently, Ravencoin is trading above the SMA 50 trendline, which is a bullish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the RVN closing price for the last 200 days. RVN is now trading above the SMA 200, signaling that the market is currently bullish.
The bottom line about this Ravencoin prediction
After considering the above factors, we can conclude that the current forecast for Ravencoin price prediction is Bearish. RVN would have to decrease by -9.23% to hit our $ 0.025293 target within the next five days. Moving forward, it will be important to monitor the RVN market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Ravencoin price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
