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

RAVENCOIN - RVN/USD - 1H - Technical analysis published on 11/01/2024 (GMT)

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

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
44%
39%
17%
My opinion
Bearish under 0.017588 USD
My targets
0.016709 USD (-1.19%)
0.015312 USD (-9.46%)
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 under the resistance located at 0.017588 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.016709 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.015312 USD as an objective. Crossing it would then enable sellers to target 0.014583 USD. If the resistance 0.017588 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.8

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

Additional analysis

Quotes

The RAVENCOIN - RVN/USD rating is 0.016911 USD. On the day, this instrument lost -0.05% and was traded between 0.016504 USD and 0.016919 USD over the period. The price is currently at +2.47% from its lowest and -0.05% from its highest.

0.016504
0.016919
0.016911

Here is a more detailed summary of the historical variations registered by RAVENCOIN - RVN/USD:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of RAVENCOIN - RVN/USD indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.014583 0.016709 0.016911 0.017588 0.018387 0.019372
Change (%) -13.77% -1.19% - +4.00% +8.73% +14.55%
Change -0.002328 -0.000202 - +0.000677 +0.001476 +0.002461
Level Major Major - Intermediate Minor Intermediate



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
Standard0.0150940.0159310.0164250.0172620.0177560.0185930.019087
Camarilla0.0165530.0166750.0167970.0169190.0170410.0171630.017285
Woodie0.0149230.0158450.0162540.0171760.0175850.0185070.018916
Fibonacci0.0159310.0164390.0167540.0172620.0177700.0180850.018593


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0102560.0132580.0153120.0183140.0203680.0233700.025424
Camarilla0.0159760.0164390.0169030.0173660.0178300.0182930.018756
Woodie0.0097820.0130210.0148380.0180770.0198940.0231330.024950
Fibonacci0.0132580.0151890.0163830.0183140.0202450.0214390.023370


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0066560.0104680.0136930.0175050.0207300.0245420.027767
Camarilla0.0149840.0156290.0162740.0169190.0175640.0182090.018854
Woodie0.0063640.0103210.0134010.0173580.0204380.0243950.027475
Fibonacci0.0104680.0131560.0148170.0175050.0201930.0218540.024542

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): 35.99
MACD (12,26,9): -0.0002
Directional Movement: -23.048460
AROON (14): -71.428572
DEMA (21): 0.016546
Parabolic SAR (0,02-0,02-0,2): 0.016509
Elder Ray (13): -0.000031
Super Trend (3,10): 0.016850
Zig ZAG (10): 0.016710
VORTEX (21): 0.8696
Stochastique (14,3,5): 37.71
TEMA (21): 0.016534
Williams %R (14): -55.70
Chande Momentum Oscillator (20): -0.000209
Repulse (5,40,3): 0.3758
ROCnROLL: 2
TRIX (15,9): -0.2117
Courbe Coppock: 3.18
MA7: 0.017346
MA20: 0.017506
MA50: 0.017373
MA100: 0.017040
MAexp7: 0.016682
MAexp20: 0.016847
MAexp50: 0.017205
MAexp100: 0.017388
Price / MA7: -2.51%
Price / MA20: -3.40%
Price / MA50: -2.66%
Price / MA100: -0.76%
Price / MAexp7: +1.37%
Price / MAexp20: +0.38%
Price / MAexp50: -1.71%
Price / MAexp100: -2.74%

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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