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 08/25/2021 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

39%

28%

33%

My opinion

Bullish above 0.124333 USD

My targets

0.155189 USD (+13.36%)

0.188517 USD (+37.70%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on RAVENCOIN - RVN/USD as long as the price remains well above 0.124333 USD. The buyers' bullish objective is set at 0.155189 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.188517 USD. If there is any crossing, the next objective would be the resistance located at 0.220600 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

6.4

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

RAVENCOIN - RVN/USD rating 0.136900 USD. The price has increased by +2.70% since the last closing and was traded between 0.127700 USD and 0.138700 USD over the period. The price is currently at +7.20% from its lowest and -1.30% from its highest.

0.127700

0.138700

0.136900

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

Here is a more detailed summary of the historical variations registered by RAVENCOIN - RVN/USD:

Technical

Technical analysis of RAVENCOIN - RVN/USD in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

On the 18 technical indicators analysed, 7 are bullish, 6 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.066210	0.101800	0.136200	0.136900	0.155189	0.188517	0.220600
Change (%)	-51.64%	-25.64%	-0.51%	-	+13.36%	+37.70%	+61.14%
Change	-0.070690	-0.035100	-0.000700	-	+0.018289	+0.051617	+0.083700
Level	Minor	Minor	Major	-	Intermediate	Minor	Minor

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	0.108567	0.120433	0.126867	0.138733	0.145167	0.157033	0.163467
Camarilla	0.128268	0.129945	0.131623	0.133300	0.134978	0.136655	0.138333
Woodie	0.105850	0.119075	0.124150	0.137375	0.142450	0.155675	0.160750
Fibonacci	0.120433	0.127424	0.131743	0.138733	0.145724	0.150043	0.157033

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.093433	0.109967	0.124333	0.140867	0.155233	0.171767	0.186133
Camarilla	0.130203	0.133035	0.135868	0.138700	0.141533	0.144365	0.147198
Woodie	0.092350	0.109425	0.123250	0.140325	0.154150	0.171225	0.185050
Fibonacci	0.109967	0.121771	0.129063	0.140867	0.152671	0.159963	0.171767

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.030760	0.038940	0.052470	0.060650	0.074180	0.082360	0.095890
Camarilla	0.060030	0.062020	0.064010	0.066000	0.067990	0.069980	0.071970
Woodie	0.033435	0.040278	0.055145	0.061988	0.076855	0.083698	0.098565
Fibonacci	0.038940	0.047233	0.052357	0.060650	0.068943	0.074067	0.082360

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):	60.80
MACD (12,26,9):	0.0150
Directional Movement:	18.270252
AROON (14):	-50.000000
DEMA (21):	0.149580
Parabolic SAR (0,02-0,02-0,2):	0.164367
Elder Ray (13):	-0.002386
Super Trend (3,10):	0.105199
Zig ZAG (10):	0.136700
VORTEX (21):	1.1493
Stochastique (14,3,5):	30.72
TEMA (21):	0.151345
Williams %R (14):	-72.07
Chande Momentum Oscillator (20):	-0.018200
Repulse (5,40,3):	-3.9345
ROCnROLL:	1
TRIX (15,9):	2.8505
Courbe Coppock:	40.17

MA7:	0.140057
MA20:	0.134430
MA50:	0.088667
MA100:	0.080111
MAexp7:	0.138785
MAexp20:	0.128055
MAexp50:	0.104571
MAexp100:	0.098435
Price / MA7:	-2.25%
Price / MA20:	+1.84%
Price / MA50:	+54.40%
Price / MA100:	+70.89%
Price / MAexp7:	-1.36%
Price / MAexp20:	+6.91%
Price / MAexp50:	+30.92%
Price / MAexp100:	+39.08%

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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