RAVENCOIN - RVN/USD
RAVENCOIN - RVN/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: RVNUSD
ISIN:

RAVENCOIN - RVN/USD - 1H - Technical analysis published on 08/24/2020 (GMT)

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RAVENCOIN - RVN/USD - 1H
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 0.023847 USD
My targets
0.024877 USD (+4.04%)
0.025200 USD (+5.40%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on RAVENCOIN - RVN/USD. This is a positive signal for buyers. As long as the price remains above 0.023847 USD, a purchase could be considered. The first bullish objective is located at 0.024877 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.025200 USD as an objective. Crossing it would then enable buyers to target 0.026355 USD. In the event of a return below 0.023847 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7

This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

The RAVENCOIN - RVN/USD price is 0.023910 USD. The price registered an increase of +2.18% on the session with the lowest point at 0.023060 USD and the highest point at 0.024240 USD. The deviation from the price is +3.69% for the low point and -1.36% for the high point.

0.023060
0.024240
0.023910

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in 1H of this RAVENCOIN - RVN/USD chart shows a bullish trend. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour


Horizontal support is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.022460 0.023811 0.023910 0.025200 0.026355 0.028330
Change (%) -6.06% -0.41% - +5.40% +10.23% +18.49%
Change -0.001450 -0.000099 - +0.001290 +0.002445 +0.004420
Level Intermediate Intermediate - Intermediate Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0214030.0220670.0227330.0233970.0240630.0247270.025393
Camarilla0.0230340.0231560.0232780.0234000.0235220.0236440.023766
Woodie0.0214050.0220680.0227350.0233980.0240650.0247280.025395
Fibonacci0.0220670.0225750.0228890.0233970.0239050.0242190.024727


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0154430.0188970.0214230.0248770.0274030.0308570.033383
Camarilla0.0223060.0228540.0234020.0239500.0244980.0250460.025595
Woodie0.0149800.0186650.0209600.0246450.0269400.0306250.032920
Fibonacci0.0188970.0211810.0225920.0248770.0271610.0285720.030857


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0161370.0172730.0187070.0198430.0212770.0224130.023847
Camarilla0.0194330.0196690.0199040.0201400.0203760.0206110.020847
Woodie0.0162850.0173480.0188550.0199180.0214250.0224880.023995
Fibonacci0.0172730.0182550.0188620.0198430.0208250.0214320.022413

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 63.84
MACD (12,26,9): 0.0002
Directional Movement: 22.674769
AROON (14): 85.714283
DEMA (21): 0.023912
Parabolic SAR (0,02-0,02-0,2): 0.023764
Elder Ray (13): 0.000254
Super Trend (3,10): 0.023430
Zig ZAG (10): 0.024050
VORTEX (21): 1.0766
Stochastique (14,3,5): 86.55
TEMA (21): 0.024087
Williams %R (14): -16.10
Chande Momentum Oscillator (20): 0.000830
Repulse (5,40,3): 0.5782
ROCnROLL: 1
TRIX (15,9): 0.0788
Courbe Coppock: 5.73
MA7: 0.023956
MA20: 0.023741
MA50: 0.019767
MA100: 0.024754
MAexp7: 0.023954
MAexp20: 0.023680
MAexp50: 0.023541
MAexp100: 0.023691
Price / MA7: -0.19%
Price / MA20: +0.71%
Price / MA50: +20.96%
Price / MA100: -3.41%
Price / MAexp7: -0.18%
Price / MAexp20: +0.97%
Price / MAexp50: +1.57%
Price / MAexp100: +0.92%

Quotes : 2020-08-24 15:58:24 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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