RAVENCOIN - RVN/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	RVNUSD
ISIN:

RAVENCOIN - RVN/USD - Daily - Technical analysis published on 04/10/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Neutral

De fond: Bullish

Technical indicators

28%

22%

50%

My opinion

Bullish above 0.181567 USD

My targets

0.202400 USD (+7.95%)

0.229200 USD (+22.24%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on RAVENCOIN - RVN/USD. As long as you are above the support located at 0.181567 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.202400 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.229200 USD as an objective. If the support 0.181567 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

2.7

Comment on the analysis

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.

This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The RAVENCOIN - RVN/USD price is 0.187500 USD. On the day, this instrument lost -0.37% with the lowest point at 0.185500 USD and the highest point at 0.194200 USD. The deviation from the price is +1.08% for the low point and -3.45% for the high point.

0.185500

0.194200

0.187500

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

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:

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this RAVENCOIN - RVN/USD chart shows a bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 9 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

Near horizontal support

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	0.131800	0.154300	0.181567	0.187500	0.202400	0.229200
Change (%)	-29.71%	-17.71%	-3.16%	-	+7.95%	+22.24%
Change	-0.055700	-0.033200	-0.005933	-	+0.014900	+0.041700
Level	Major	Minor	Intermediate	-	Minor	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.169200	0.173300	0.179400	0.183500	0.189600	0.193700	0.199800
Camarilla	0.182695	0.183630	0.184565	0.185500	0.186435	0.187370	0.188305
Woodie	0.170200	0.173800	0.180400	0.184000	0.190600	0.194200	0.200800
Fibonacci	0.173300	0.177196	0.179604	0.183500	0.187396	0.189804	0.193700

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.143100	0.161500	0.171800	0.190200	0.200500	0.218900	0.229200
Camarilla	0.174208	0.176838	0.179469	0.182100	0.184731	0.187362	0.189993
Woodie	0.139050	0.159475	0.167750	0.188175	0.196450	0.216875	0.225150
Fibonacci	0.161500	0.172463	0.179237	0.190200	0.201163	0.207937	0.218900

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.021800	0.054200	0.121200	0.197200	0.264200	0.340200	0.407200
Camarilla	0.148875	0.161983	0.175092	0.188200	0.201308	0.214417	0.227525
Woodie	-0.026300	0.051950	0.116700	0.194950	0.259700	0.337950	0.402700
Fibonacci	0.054200	0.108826	0.142574	0.197200	0.251826	0.285574	0.340200

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	49.46
MACD (12,26,9):	0.0012
Directional Movement:	11.276453
AROON (14):	-78.571426
DEMA (21):	0.193144
Parabolic SAR (0,02-0,02-0,2):	0.240094
Elder Ray (13):	0.000930
Super Trend (3,10):	0.136708
Zig ZAG (10):	0.186300
VORTEX (21):	0.9368
Stochastique (14,3,5):	32.92
TEMA (21):	0.182244
Williams %R (14):	-60.28
Chande Momentum Oscillator (20):	-0.013400
Repulse (5,40,3):	-3.7753
ROCnROLL:	-1
TRIX (15,9):	0.2580
Courbe Coppock:	11.85

MA7:	0.186043
MA20:	0.191640
MA50:	0.185792
MA100:	0.108970
MAexp7:	0.187006
MAexp20:	0.189330
MAexp50:	0.169295
MAexp100:	0.129684
Price / MA7:	+0.78%
Price / MA20:	-2.16%
Price / MA50:	+0.92%
Price / MA100:	+72.07%
Price / MAexp7:	+0.26%
Price / MAexp20:	-0.97%
Price / MAexp50:	+10.75%
Price / MAexp100:	+44.58%

Quotes : - Real time data - Cryptocompare

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

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