RAVENCOIN - RVN/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

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

Type:	Cryptocurrencies
Ticker:	RVNUSD
ISIN:

RAVENCOIN - RVN/USD - 1H - Technical analysis published on 11/25/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

33%

My opinion

Bullish above 0.024194 USD

My targets

0.026843 USD (+3.39%)

0.029278 USD (+12.77%)

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 0.024194 USD. The buyers' bullish objective is set at 0.026843 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.029278 USD. If there is any crossing, the next objective would be the resistance located at 0.030760 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

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

Additional analysis

Quotes

The RAVENCOIN - RVN/USD price is 0.025962 USD. On the day, this instrument lost -0.21% and was between 0.025444 USD and 0.026272 USD. This implies that the price is at +2.04% from its lowest and at -1.18% from its highest.

0.025444

0.026272

0.025962

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, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in 1H of this RAVENCOIN - RVN/USD chart shows a strongly bullish trend. 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. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators shows a moderate bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Doji

Type : Neutral

Timeframe : 1 hour

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.022929	0.023372	0.024194	0.025962	0.026843	0.029278	0.030760
Change (%)	-11.68%	-9.98%	-6.81%	-	+3.39%	+12.77%	+18.48%
Change	-0.003033	-0.002590	-0.001768	-	+0.000881	+0.003316	+0.004798
Level	Intermediate	Minor	Intermediate	-	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	0.021103	0.022339	0.024178	0.025414	0.027253	0.028489	0.030328
Camarilla	0.025170	0.025452	0.025734	0.026016	0.026298	0.026580	0.026862
Woodie	0.021404	0.022490	0.024479	0.025565	0.027554	0.028640	0.030629
Fibonacci	0.022339	0.023514	0.024240	0.025414	0.026589	0.027315	0.028489

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.015365	0.017811	0.021589	0.024035	0.027813	0.030259	0.034037
Camarilla	0.023656	0.024227	0.024798	0.025368	0.025939	0.026509	0.027080
Woodie	0.016032	0.018144	0.022256	0.024368	0.028480	0.030592	0.034704
Fibonacci	0.017811	0.020188	0.021657	0.024035	0.026412	0.027881	0.030259

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.007558	0.011186	0.014052	0.017680	0.020546	0.024174	0.027040
Camarilla	0.015133	0.015728	0.016324	0.016919	0.017514	0.018110	0.018705
Woodie	0.007178	0.010996	0.013672	0.017490	0.020166	0.023984	0.026660
Fibonacci	0.011186	0.013666	0.015199	0.017680	0.020160	0.021693	0.024174

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):	54.33
MACD (12,26,9):	0.0002
Directional Movement:	5.498569
AROON (14):	64.285714
DEMA (21):	0.025768
Parabolic SAR (0,02-0,02-0,2):	0.024616
Elder Ray (13):	0.000104
Super Trend (3,10):	0.024708
Zig ZAG (10):	0.025721
VORTEX (21):	1.1267
Stochastique (14,3,5):	62.06
TEMA (21):	0.025803
Williams %R (14):	-24.80
Chande Momentum Oscillator (20):	0.000689
Repulse (5,40,3):	1.2545
ROCnROLL:	1
TRIX (15,9):	0.0886
Courbe Coppock:	8.46

MA7:	0.023808
MA20:	0.021263
MA50:	0.018765
MA100:	0.017954
MAexp7:	0.025759
MAexp20:	0.025504
MAexp50:	0.025051
MAexp100:	0.024262
Price / MA7:	+9.05%
Price / MA20:	+22.10%
Price / MA50:	+38.35%
Price / MA100:	+44.60%
Price / MAexp7:	+0.79%
Price / MAexp20:	+1.80%
Price / MAexp50:	+3.64%
Price / MAexp100:	+7.01%

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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