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

RAVENCOIN - RVN/USD - 1H - Technical analysis published on 10/25/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Bearish
Underlying: Bullish
Technical indicators
28%
39%
33%
My opinion
Bullish above 0.015472 USD
My targets
0.016311 USD (+3.03%)
0.016370 USD (+3.40%)
My analysis
The basic trend is bullish on RAVENCOIN - RVN/USD and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 0.015472 USD. Sellers would then use the next support located at 0.014318 USD as an objective. Crossing it would then enable sellers to target 0.013399 USD. If there is a return to above the resistance located at 0.016311 USD, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 0.016370 USD and 0.019473 USD by extension.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
1.1

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.

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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The RAVENCOIN - RVN/USD price is 0.015831 USD. The price registered a decrease of -0.27% on the session and was between 0.015617 USD and 0.016389 USD. This implies that the price is at +1.37% from its lowest and at -3.40% from its highest.

0.015617
0.016389
0.015831

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of RAVENCOIN - RVN/USD in 1H shows an overall bullish trend. The signals given by moving averages are 67.86% bullish. This bullish trend could slow down given the slightly bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



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

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.013399 0.014318 0.015472 0.015831 0.016311 0.019473 0.022150
Change (%) -15.36% -9.56% -2.27% - +3.03% +23.01% +39.92%
Change -0.002432 -0.001513 -0.000359 - +0.000480 +0.003642 +0.006319
Level Minor Major Intermediate - Major Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0142840.0148480.0153600.0159240.0164360.0170000.017512
Camarilla0.0155770.0156760.0157740.0158730.0159720.0160700.016169
Woodie0.0142590.0148350.0153350.0159110.0164110.0169870.017487
Fibonacci0.0148480.0152590.0155130.0159240.0163350.0165890.017000


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0123080.0128510.0136620.0142050.0150160.0155590.016370
Camarilla0.0141000.0142240.0143480.0144720.0145960.0147200.014844
Woodie0.0124410.0129180.0137950.0142720.0151490.0156260.016503
Fibonacci0.0128510.0133690.0136880.0142050.0147230.0150420.015559


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0115350.0124210.0137770.0146630.0160190.0169050.018261
Camarilla0.0145160.0147210.0149270.0151320.0153380.0155430.015749
Woodie0.0117690.0125390.0140110.0147810.0162530.0170230.018495
Fibonacci0.0124210.0132780.0138070.0146630.0155200.0160490.016905

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): 47.90
MACD (12,26,9): 0.0001
Directional Movement: 0.987756
AROON (14): 57.142857
DEMA (21): 0.016022
Parabolic SAR (0,02-0,02-0,2): 0.016389
Elder Ray (13): -0.000055
Super Trend (3,10): 0.016390
Zig ZAG (10): 0.015741
VORTEX (21): 1.0013
Stochastique (14,3,5): 46.63
TEMA (21): 0.015981
Williams %R (14): -85.49
Chande Momentum Oscillator (20): -0.000205
Repulse (5,40,3): -2.6645
ROCnROLL: -1
TRIX (15,9): 0.0573
Courbe Coppock: 1.44
MA7: 0.014876
MA20: 0.014451
MA50: 0.014740
MA100: 0.015942
MAexp7: 0.015977
MAexp20: 0.015938
MAexp50: 0.015730
MAexp100: 0.015364
Price / MA7: +6.42%
Price / MA20: +9.55%
Price / MA50: +7.40%
Price / MA100: -0.70%
Price / MAexp7: -0.91%
Price / MAexp20: -0.67%
Price / MAexp50: +0.64%
Price / MAexp100: +3.04%

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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Londinia AI

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