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 11/02/2021 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 0.111900 USD

My targets

0.155067 USD (+19.28%)

0.188500 USD (+45.00%)

My analysis

The bullish trend is currently very strong on RAVENCOIN - RVN/USD. As long as the price remains above the support at 0.111900 USD, you could try to benefit from the boom. The first bullish objective is located at 0.155067 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.188500 USD as an objective. Crossing it would then enable buyers to target 0.234900 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.9

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 baltbach. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

RAVENCOIN - RVN/USD rating 0.130000 USD. The price has increased by +8.15% since the last closing with the lowest point at 0.118500 USD and the highest point at 0.154000 USD. The deviation from the price is +9.70% for the low point and -15.58% for the high point.

0.118500

0.154000

0.130000

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of RAVENCOIN - RVN/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed 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:

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.089960	0.111900	0.129000	0.130000	0.155400	0.188500	0.234900
Change (%)	-30.80%	-13.92%	-0.77%	-	+19.54%	+45.00%	+80.69%
Change	-0.040040	-0.018100	-0.001000	-	+0.025400	+0.058500	+0.104900
Level	Intermediate	Major	Intermediate	-	Major	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	0.105167	0.110133	0.115167	0.120133	0.125167	0.130133	0.135167
Camarilla	0.117450	0.118367	0.119283	0.120200	0.121117	0.122033	0.122950
Woodie	0.105200	0.110150	0.115200	0.120150	0.125200	0.130150	0.135200
Fibonacci	0.110133	0.113953	0.116313	0.120133	0.123953	0.126313	0.130133

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.079067	0.090033	0.102867	0.113833	0.126667	0.137633	0.150467
Camarilla	0.109155	0.111337	0.113518	0.115700	0.117882	0.120063	0.122245
Woodie	0.080000	0.090500	0.103800	0.114300	0.127600	0.138100	0.151400
Fibonacci	0.090033	0.099125	0.104742	0.113833	0.122925	0.128542	0.137633

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.026267	0.060333	0.090667	0.124733	0.155067	0.189133	0.219467
Camarilla	0.103290	0.109193	0.115097	0.121000	0.126903	0.132807	0.138710
Woodie	0.024400	0.059400	0.088800	0.123800	0.153200	0.188200	0.217600
Fibonacci	0.060333	0.084934	0.100133	0.124733	0.149334	0.164533	0.189133

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):	63.60
MACD (12,26,9):	0.0030
Directional Movement:	33.179437
AROON (14):	28.571430
DEMA (21):	0.119169
Parabolic SAR (0,02-0,02-0,2):	0.103289
Elder Ray (13):	0.018774
Super Trend (3,10):	0.091197
Zig ZAG (10):	0.129800
VORTEX (21):	1.0716
Stochastique (14,3,5):	39.91
TEMA (21):	0.122600
Williams %R (14):	-45.33
Chande Momentum Oscillator (20):	0.023600
Repulse (5,40,3):	-3.6591
ROCnROLL:	1
TRIX (15,9):	0.2671
Courbe Coppock:	19.12

MA7:	0.116986
MA20:	0.114365
MA50:	0.109757
MA100:	0.113606
MAexp7:	0.120649
MAexp20:	0.115644
MAexp50:	0.112957
MAexp100:	0.110972
Price / MA7:	+11.12%
Price / MA20:	+13.67%
Price / MA50:	+18.44%
Price / MA100:	+14.43%
Price / MAexp7:	+7.75%
Price / MAexp20:	+12.41%
Price / MAexp50:	+15.09%
Price / MAexp100:	+17.15%

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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